How do you link a payment collection method on Lazada? How do you link a bank card on Lazada?

When running a store on an e-commerce platform, payment collection methods are a key part of transactions between sellers and buyers. As a leading e-commerce platform in Southeast Asia, Lazada offers a variety of convenient payment collection methods to help sellers conduct business easily. How do you link a payment collection method on Lazada? Next, we will explain this in detail.

First, Introduction to Lazada Payment Collection Methods

On the Lazada platform, sellers can link the following payment collection methods:

1. Bank transfer: Transfers through a bank account, suitable for large-value transactions.

2. Online payHow do you link a payment collection method on Lazada?ment: Supports various online payment methods, such as Alipay, WeChat Pay, and PayPal, offering convenience and speed.

3. Cash on delivery: Available to buyers in certain regions; buyers pay after receiving the goods.

4. Lazada Wallet: A virtual wallet officially launched by Lazada that supports functions such as payments using the wallet balance and transfers.

Second, Steps to Link a Payment Collection Method on Lazada

The following provides detailed steps for linking a payment collection method, using bank transfer as an example:

1. Log in to the Lazada seller dashboard: Log in to the Lazada seller dashboard and click "Settings" to enter the settings page.

2. Go to "Financial Management": On the settings page, find the "Financial Management" option and click it to enter.

3. Select "Payment Collection Methods": On the financial management page, click "Payment Collection Methods" to enter the payment collection method management page.

4. Add a new payment collection method: On the payment collection method management page, click "Add a New Payment Collection Method" and select "Bank Transfer".

5. Enter bank information: In the pop-up diaHow do you link a payment collection method on Lazada?log box, enter the bank account information, including the bank name, account-opening branch, account number, account name, and other details.

6. Upload proof of bank account opening: Upload proof of bank account opening to verify the authenticity of the bank account.

7. Submit for review: After entering the relevant information, submit it for review. The Lazada platform will review the bank account information, and the account can be used once the review is approved.

Third, Points to Note When Linking a Payment Collection Method

1. Choose a suitable payment collection method: Choose a suitable payment collection method based on your needs and customer characteristics. For example, bank transfer is recommended for large-value transactions; online payment can be selected for small-value transactions.

2. Ensure information is accurate: When linking a payment collection method, please ensure that the information entered is accurate to avoid affecting transactions.

3. Update payment collection methods promptly: If your bank account information changes, please update it promptly on the Lazada platform to avoid affecting transactions.

4. Pay attention to fund security: When using payment collection methods, please ensure the security of your funds and avoid disclosing account information.

Fourth, Frequently Asked Questions About Linking Payment Collection Methods on Lazada

1. Q: Is there a fee for linking a payment collection method?

A: Linking a payment collection method itself does not incur any fees, but some payment collection methods may charge transaction fees. Please refer to the fee schedules of the respective payment platforms for details.

2. Q: How long does it take to link a payment collection method?

A: Typically, linking a payment collection method requires 1-3 business days for review, and it can be used once the review is approved.

3. Q: Can a linked payment collection method be changed?

Answer: Yes, it can be changed, but you must first delete the existing payment receiving method and then link it again.

Five, Summary

Through the introduction above, we hope you now have a deeper understanding of how to link a payment receiving method on Lazada. During the actual process, be sure to follow the precautions above to ensure that your payment receiving method works properly. Wishing you a thriving business and abundant earnings on Lazada!

The steps for linking a payment receiving method on Lazada are presented below in table format:

We hope this article is helpful. If you have any questions, please leave a comment to discuss them.

How Malaysian Lazada and Shopee Local Stores Receive Payments

Malaysian Lazada and Shopee local stores primarily receive payments by linking an overseas payment receiving account. Using Shopee as an example, the specific steps are as follows:

Apply for an overseas payment receiving account and select the platform and marketplace: Apply for an overseas payment receiving account through a third-party payment service provider (such as Payoneer or WorldFirst), select "Shopee Local Store" as the platform type, and specify the Malaysia marketplace. This account is used to receive platform settlements in the local currency (Malaysian ringgit, MYR).

Enter store information and complete authorization: During the application process, provide the store name and a customer-facing product link (not a dashboard link), and complete authorization through a redirect to the store. This step ensures that the payment receiving account is linked to the store's identity, preventing funds from being allocated incorrectly.

Obtain payment receiving account information and link it in the Shopee dashboard: After authorization is completed, the service provider will supply virtual bank account information (such as the bank code and account name). Log in to Shopee Seller Centre, add this account under "Financial Settings" or "Bank Accounts," and ensure that all information is accurate.

Wait for review and withdraw funds: Shopee will review the linked account (usually taking 1-3 business days). Once approved, the seller can request a withdrawal. The funds will first be settled into the linked overseas account, then converted into renminbi or another currency through the service provider and transferred to a domestic bank account.

The payment receiving process for Lazada local stores is similar to that of Shopee, but note the following differences:

Platform settlement cycle: Lazada usually settles weekly or every two weeks, while Shopee may offer more flexible daily or weekly settlement options. Fee differences: Different payment service providers may charge different withdrawal fee rates for Lazada and Shopee, so compare them in advance and select a lower-cost provider. Account verification requirements: Lazada may require additional documentation for the local entity (such as a company registration certificate or a director's identity card) to verify account compliance. Key precautions:

Compliance requirements: Malaysian local stores must register using information for a local company or sole proprietor, and the payment receiving account must also match that entity. Otherwise, platform risk controls may be triggered, resulting in frozen funds. Exchange rate risks: Withdrawals involve currency conversion, so monitor the service provider's real-time exchange rates to avoid losing profits due to exchange rate fluctuations. Withdrawal processing time: It usually takes 2-5 business days from platform settlement until the funds reach the domestic account, so plan your cash flow accordingly. Solutions to common problems:

If authorization fails: Check whether the product link is a customer-facing link, or try again using a different browser. If the review is rejected: Contact platform customer service to confirm the specific reason (such as incomplete documentation or incorrect account information), provide the required additional materials, and resubmit. If a withdrawal is delayed: First check for bank holidays or service provider system maintenance. If the problem persists, contact the service provider's customer support to trace the funds. By following these steps, sellers can efficiently set up payment receiving for Malaysian local stores and ensure that funds are safely transferred back.

Lazada Official Website Directory and How Sellers Can Register

Lazada Official Website Directory and Seller Registration Process

Lazada Official Website Directory:

Vietnam marketplace: Singapore marketplace: Malaysia marketplace: Indonesia marketplace: Thailand marketplace: Philippines marketplace: Seller portals for each marketplace:

Malaysia marketplace: Singapore marketplace: Vietnam marketplace: Indonesia marketplace: Thailand marketplace: Philippines marketplace: Seller registration process:

Before registering a Lazada seller account, prepare the following materials:

Business license: Lazada only allows businesses to register, and the business license may be for a company in mainland China or Hong Kong. Identity card: It must match the legal representative listed on the business license. Corporate Alipay account: Used for receiving payments and account verification; Alipay payment receiving is currently not supported for Hong Kong businesses joining the platform. Contact information: An overseas corporate email address is recommended, and the phone number should preferably be that of the legal representative. Payoneer: Another payment receiving method that can be linked to a Lazada account. Proof of cross-border e-commerce experience: Such as experience operating a store on platforms including Amazon, AliExpress, Wish, or eBay. The registration process is as follows:

Go to Lazada Seller Center:

Visit the Lazada Seller Center and click "Become a Seller" below the seller login box on the right to register.

Select the seller type:

Select cross-border seller as the store type.

Verify your business Alipay account and mobile phone number:

Enter your business Alipay account and mobile phone number for verification, then click "Register".

Fill in the basic information:

Fill in your name, contact details, address, and other information accurately in English or pinyin, and upload a scanned copy of your business license.

Change your password to activate your account:

Lazada will send an email to the email address you provided. Click the link in the email to change your password and activate your account.

Complete the onboarding training and test:

Attend live online Lazada onboarding training or watch the onboarding videos and course materials on your own, and comHow to link a payment collection method on Lazadaplete the onboarding test. Your test score must be greater than 50%.

Link a payment collection method and wait for review:

Choose to link a business account with Alipay or Paynoeer and wait for the platform's review. Once approved, your Lazada seller account registration is complete.

Follow the steps above, prepare the relevant documents, and fill in each item accurately to successfully register a Lazada seller account. As one of the largest e-commerce platforms in Southeast Asia, Lazada offers a vast blue ocean market and is a platform worth considering for sellers looking to expand their cross-border e-commerce business.

Guide to opening a local Lazada store in Thailand and collecting payments

To open a local Lazada store in Thailand, you first need to prepare the following documents and information:

A Thai company license / an identity card of a local Thai resident over 18 years old; a local Thai mobile phone number; ߅ overseas email address and a local bank card for receiving payments (an important channel for sellers to collect payments). After preparing the relevant documents and information and understanding the fee structure, you can register your store, link your personal information, and wait for review.

Fees for local Lazada stores in ThailandHow to link a payment collection method on LazadaStructure:

No commission is charged for regular local stores.

Click to visit the Lazada Thailand registration website

Select local seller to join the platform. If you are opening a store as an individual, select individual seller. If your local business has a business license, you can select business seller. Each business license can be used to open only one store. After applying, upload the required information, such as your mobile phone number, verification code, and warehouse information, and enter your local identity card and bank details. Open your store after verification.

To collect payments through a local Lazada store in Thailand, sellers need a local bank card and their own bank account. However, for sellers in China, obtaining a local Thai bank card is not easy. The process is complex, and the paperwork required by banks is also relatively cumbersome. In some cases, sellers must travel to the destination country in person to complete the process.

What if you want to open a local Lazada store but do not have a local bank card? There are now platforms in China that handle cross-border e-commerce payments, and we can ask them to help us collect payments, settle foreign exchange, and more. However, the most important issue for sellers is receiving payments securely, so finding a compliant institution is especially important. I personally recommend Yiyunhui (www.1yunhui.com). As a one-stop service platform for businesses expanding overseas, it can help ensure that our funds arrive safely while also providing services to help us register local stores.