How do you pay with Shopee? Why is the Taiwan site the first choice?

Cross-border e-commerce platforms are very popular nowadays. If domestic friends want to shop on Shopee and buy overseas products, they need to know which payment methods Shopee supports. In case you cannot pay when settling. What payment methods do you use on Shopee?

1. How to pay with Shopee?

Shopee supports three payment methods: Payoneer, Pingpong, and Lianlian.

1. Payoneer: It is the only professional financial institution in the world that focuses on cross-border funds. It can provide one-stop payment solutions for cross-border e-commerce sellers, foreign trade exports or global entrepreneurs. It is also a payment channel for many cross-border e-commerce companies such as Amazon, eBay, Wish, Lazada, and Rakuten. You can also apply for a physical card to support overseas consumption.

2. PingPong: It is a domestic cross-region payment platform dedicated to providing low-cost overseas payment services for Chinese cross-border e-commerce sellers. You can use one account to bind multiple stores.

3. LianLian Pay: It is a fast payment method provided by domestic Internet online trading platforms, supporting Amazon, Shopee, eBay, Wish, Cdiscount, Bringly, SOUQ, JD.ID, Rakuten, and Mercado Libre.

2. Why is Taiwan the first choice for Shopee?

When many newbies who have just entered the industry come to consult on various issues, they ask where to open the first site. In terms of the choice of the first site, I have always strongly recommended the Taiwan site. Compared with the Malaysian site, the sales share of the Taiwan site exceeds that of the Malaysian site by a large margin, not to mention that the registration of the Taiwan site is actually a little simpler (self-employed + domestic e-commerce store with nearly three months of turnover).

Shopee ranks first in Taiwan's shopping rankings and is also a popular shopping platform in Taiwan. Secondly, although Taiwan's population base is not high, we found that many popular products have very high sales. This further proves that Shopee Taiwan has a very high market share in Taiwan.

This also explains another problem. Taiwanese people like to shop on Shopee very much, and the return rate is also very high, otherwise these data would not be so high. Moreover, when you enter the Shopee APP, you will find that all the activities are being held. All the necessary activities are available, there are also discounts and live broadcasts.

Shopee currently supports three payment methods. If you want to shop on Shopee, you need to activate one of the payment methods first. Only in this way can you successfully purchase goods on the Shopee platform. This is the inconvenience of cross-border e-commerce payments.

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