Does Wish require a deposit to open a store? How can I get a refund?

Wish is a very popular platform in the US market. It is known for its high quality and low prices. Many domestic merchants also do business on it. Some friends asked, do I need to pay a deposit to open a store on Wish?

Wish is committed to providing the best products and services to its users. In order to ensure the growing satisfaction of its users, Wish has the responsibility to guarantee the quality of its merchants' products and services. The $2,000 prepaid store registration fee will serve as evidence of the merchant's ability and determination to prove that they can provide the best products and services to their users.

How to get a refund?

First of all, according to Wish's store deposit policy, if the seller has paid a deposit of $2,000, but the store is not successfully registered, like my situation, then you must remember to follow the platform's refund conditions when canceling the account, so that the $2,000 deposit will be returned;

It’s just that the date has to wait until the loan release date of their platform, so if the store is not opened and the refund has not arrived, don’t worry and wait until the loan release date. I have seen people online saying that the refund is very slow and it is very anxious, but there are not many people like me who are carefree and wait almost a month to receive the money.

Then! You must pay attention to the entire registration process and ensure that there is no violation of regulations. Otherwise, when the platform detects your violation or unreasonable registration behavior, your refund date will be greatly extended because the platform needs to review it.

The review process also takes a certain amount of time. But...if you change your mind and want to continue registering during the refund process, that's fine. At this time, just provide more information based on the feedback from the wish platform review team, and you can continue to complete the store review registration.

Another reason for the slow refund process recently is that there are some technical problems in the connection between Wish platform and Umpay, which has caused a small number of people to fail to get their registration money refunded. However, it is said that the problem has been fixed, so this wave of money will be returned to everyone soon. I guess this is also the reason why my money was deducted for a long time, but fortunately the money has arrived.

Generally speaking, you need a deposit to open a store on Wish. Although Wish does not explicitly mention the deposit, the $2,000 store registration fee is actually equivalent to the deposit.