How to receive payment on Shopee? What are the payment methods?

As the leading e-commerce platform in Southeast Asia, Shopee provides a variety of convenient and fast payment methods to help sellers successfully complete transactions and earn income. So, what are the specific payment methods on Shopee?

1. How to collect payments on Shopee ?

Shopee Payment: Shopee provides its own online payment system - Shopee Payment. When a buyer places an order and chooses to use Shopee Payment, the seller can receive the corresponding order payment. The seller can withdraw funds according to Shopee's regulations and transfer funds to personal or corporate bank accounts.

Cash on Delivery: Shopee also supports the traditional payment method of cash on delivery. Sellers can send goods to buyers, and buyers can pay cash directly to sellers after receiving the goods. This method is more convenient for some buyers because they can pay after actually receiving the goods.

2. What are the payment methods?

Online payment: In addition to Shopee payment, Shopee also supports various online payment methods, such as credit card payment, debit card payment, e-wallet, etc. During the shopping process, buyers can choose the payment method that suits them. After completing the payment, the seller will receive the corresponding order amount.

Bank transfer: Sellers can also choose bank transfer as a payment method. After the transaction is completed, the buyer can transfer the payment directly to the bank account specified by the seller. The seller needs to provide accurate bank account information to the buyer and confirm receipt of payment before shipping.

E-wallet: Shopee also supports some e-wallet payments, such as GrabPay, Alipay, etc. These e-wallets can be connected to the Shopee platform, and buyers can use their own e-wallet balance to complete the payment. Sellers can enable these e-wallets as payment methods in the settings.

Shopee provides a convenient and fast payment method to help sellers complete transactions smoothly and earn income. Shopee payment and cash on delivery are the most common payment methods. In addition, Shopee also supports multiple payment methods such as online payment, bank transfer and e-wallet to meet the needs of different buyers.

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