How often does Shopee's funding cycle occur? What should I pay attention to?

For merchants who have just settled in the Shopee platform, they may be more concerned about the content of Shopee payment. Shopee's payment is periodic, so how often does Shopee's payment cycle occur? Let's learn about it together in the following content!

Shopee platform can bind your Payoneer account for settlement and refund. If you have not opened a P card, you need to open it yourself; if you already have a P card, please remember to enter the Seller Center to bind your P card after opening the store on each site.

Shopee's payment cycle is once every two weeks, at the beginning and middle of the month respectively. The payment amount is the orders completed within two weeks before the payment date. The Singapore site uses SGD for settlement, and other sites use USD for settlement. Buyers still use local currency when paying.

Comparison of Shopee’s third-party payment platforms:

P Card (Paanying): The general fee rate is 1.2%, the minimum amount is US$15, and the withdrawal time is about 1 day. There is exchange loss.

Pingpong: The normal fee rate is 1%, and the withdrawal time is about 2 hours. There is exchange loss.

Lianlian: The normal fee rate is 0.7%, the withdrawal time is 5 minutes, and there is no exchange loss.

Note the following points:

The Vietnam site currently only supports binding to P cards;

Cross-border sellers should not click "Add bank account", as this is the payment method for local accounts.

Completed funding:

1. Completed disbursement - this week: refers to the amount that has been disbursed to my receiving account within this week;

2. Completed disbursements - this month: refers to the amount of funds that have been disbursed to my payment account this month, including 1;

3. Completed funding - total: refers to the amount of funding that the store has received since its opening, which includes 1 and 2.

Now everyone should know that Shopee platform will make payments twice a month, in the middle and at the end of the month, and there is no minimum payment amount limit. For merchants who have difficulty in cash flow, it is really important to understand the Shopee payment cycle.

Recommended reading:

How to log in to Shopee main account? How to operate?

How can I authorize a sub-account from my Shopee main account? How does Shopee operate?

How much does it cost to join Shopee? What are the requirements?