Where can I get my deposit back on Lazada? How much money is needed to open a store?

Lazada is one of the cross-border e-commerce platforms. The development of the Lazada platform is quite good. If you open a store here and feel that you can't continue, you can apply for withdrawal. So where can you refund the deposit of Lazada? The following is an introduction.

Where can I get my deposit back on Lazada?

Currently, Lazada does not have a channel for sellers to voluntarily withdraw from operations and apply to close stores. If the seller needs to close the store voluntarily without any fault, he needs to apply through the PSC customer service channel. After the platform review is successful, the platform will help the seller close all stores in 6 countries and return the frozen deposit. The return date is 30 natural days.

Freeze the Alipay account of Lazada deposit related:

1. If the Alipay account bound to the deposit is closed, will it affect the operation of the store?

A: If there is money in Alipay, it cannot be closed. If the seller wants to close the Alipay account by himself, all the money in it must be settled before the operation can be performed.

2. How many sellers can be bound to one Alipay account that deposits a security deposit?

A: You can only bind one seller.

3. Once Alipay is successfully bound, is it allowed to be changed?

Answer: Alipay does not allow replacement

4. When paying the deposit, it prompts that I need to pay with verified Alipay. What should I do?

Answer: Please click on the task to pay the deposit, click on freeze the deposit again, jump to the Alipay interface (the default login will be the Alipay account you last logged in to, which may be inconsistent with the corporate Alipay account used to register Lazada). When you click exit in the upper right corner, it will show that the activation failed (this is normal, please ignore the prompt, then manually refresh the page to log in again, please use the Alipay when registering Lazada!) Enter your correct Alipay account and password to successfully complete the freezing.

In addition to the deposit, sellers also need to understand the following fees when opening a store on Lazada in 2021:

First, transaction commission

After the order is successfully completed, Lazada will charge a transaction commission of 1%-4%. If there is a return, exchange, refund, etc., the commission will be returned.

2. GST Value Added Tax

Since Lazada is an e-commerce platform in Southeast Asia, Southeast Asian countries will also impose tariffs on imported products.

Specific tax rates: Malaysia 6%, Singapore 7%, Thailand 7%, Indonesia 10%,

The Philippines is 12%, Vietnam is 10%. For some special products, there is an additional fee.

3. Logistics and transportation costs

Since sellers can only use the official logistics LGS global delivery method, the calculation of logistics costs is based on evidence.

It has a specific standard. Among these goods, domestic shipping costs are charged by logistics, and international shipping costs are borne by Lazada. Sellers can also reduce logistics costs by hiding prices in product prices.

4. Accounting Processing Fees

The platform will charge a 2% account processing fee when lending to sellers.

Choose the corresponding service according to your actual situation. You can also choose to hide the cross-border shipping fee into Lazada's product fee to save logistics costs, but you must pay attention to the price must be within a reasonable range.

Regarding the content mentioned at the beginning, it has been introduced to you in the above content. If merchants want to apply for withdrawal from the store, the deposit can be refunded, so you can pay the deposit for opening a store with confidence, because it will not be returned.

Recommended reading:

How long does it take for Lazada to cancel an order? How to choose products?

Why is Lazada's shipping fee so expensive? How is Lazada's logistics fee calculated?

What logistics does Lazada use for delivery? What is the delivery process of Lazada?