How to pay a deposit on Shopee? What are the benefits?

Previously, you didn’t need to pay a deposit to open a store on Shopee. But starting from April 13, 2023, merchants will need to pay a full deposit fee, otherwise their store sales rights will be removed. So how do you pay a deposit on Shopee?

1. How to pay the deposit on Shopee?

You can pay the seller deposit under [China Seller Center >> Finance >> Seller Deposit].

2. What are the benefits of paying a deposit on Shopee?

1. First, let's analyze the difference before and after paying a deposit. Previously, the platform had the same activity, but no deposit was required. When a large number of sellers sign up for an activity, sellers with a deposit may be given priority.

2. When platform reform requires payment of a deposit, it will inevitably persuade some sellers, and then these sellers will make concessions.

Moreover, after the deposit is deducted, a group of sellers will be screened out. For example, for some activities, the platform will require 1-2 days for delivery, and you cannot sign up for the activity without a deposit.

3. Maybe there is a situation that a large number of his goods cannot be sent, and if they cannot be sent, they will be cancelled, and the cancellation will result in deductions, so most of the orders must be deducted, and his deposit will be deducted soon.

Flash sales can bring a lot of traffic to your store. Flash sales can not only drive related sales, but also increase the traffic of orders, which is more than we think!

After Shopee chooses to close the store, the deposit can be refunded, but everything in the store needs to be handled when closing the store. In addition, if the store is fined for violations during the opening process, the deposit will be directly deducted from the deposit and cannot be refunded after deduction.

In general, Shopee merchants can pay a deposit under China Seller Center-Finance-Seller Deposit. This deposit actually refers to the activity deposit, and after paying it, you can sign up for the platform's activities.