How to set up a payment account on Shopee? Which payment account should I choose?

Shopee platform is one of the better developed cross-border e-commerce platforms. If merchants want to engage in cross-border e-commerce, they can choose Shopee platform. After we open a store, how do we set up the Shopee payment account? The following is an introduction for you.

How to set up a payment account on Shopee?

(1) No payment account has been registered yet

Sellers can register directly in the Seller Center. The specific steps are as follows:

Log in to the seller's backend center, click My Wallet, and click the Register/Login button on the Payoneer, PingPong or LianLian Pay card. The page will jump to the corresponding official website. Sellers can apply for an account by following the prompts.

(2) If you already have a Payoneer, Pingong or LianLian Pay account, you can directly bind the account in the Seller Center. The specific steps are as follows:

Log in to the seller backend center, click My Wallet, click the Register/Login button on the Payoneer, PingPong or LianLian Pay card, select 'Already have a Payoneer account', 'I already have a PingPong account, log in and bind now' or 'Already have an account, log in now' in the upper right corner, and then enter the relevant information according to the prompts.

It will take 1-2 days to review the information after it is submitted. After the review is passed, the bound account card icon will show activated (Active), and the seller can use the account normally to receive payments from Shopee.

Which account should I choose for receiving payment?

At present, the mainstream payment platforms include p-card, pingpong, lianlian pay, etc. Among them, Lianlian's handling fee is the lowest at 0.7%. The p-card handling fee is the highest: 1.2%, and pingpong is 1%.

The above is how to set up a Shopee payment account. Merchants can choose which account to use to receive payments. After setting it up, they can run their stores with peace of mind. It is true that doing Shopee can make money, but not everyone can make money easily. It requires a certain amount of effort.

Recommended reading:

How to ship goods after opening a store on Shopee? Is there any shipping fee?

Does Shopee cross-border e-commerce make money? What is the logic behind making money?

What are the product selection skills of Shopee cross-border e-commerce? How to do it well?