What cross-border e-commerce sellers must know about the latest platform policies and Lianlian payment service overview

In the context of the epidemic, cross-border e-commerce sellers are facing many challenges and opportunities. In order to help sellers better cope with the changing market environment, this article integrates the latest policy information from multiple cross-border e-commerce platforms and the services provided by Lianlian Pay.

Policy support from major cross-border e-commerce platforms

Amazon

Amazon provides certain service fee exemptions for sellers in the Growth Plan and the Start-up Plan. In particular, FBA sellers should note that Amazon’s global logistics service resumed online booking services on February 3, 2020, and fully resumed work on February 10.

Wish

For existing orders that are not marked as “shipped”, if the merchant completes the shipment within a specific time, the merchant will be exempted from refund liability. In addition, high refund rates and low order fulfillment rates, which are common during the epidemic, will not result in the deactivation of store accounts.

Shopee

Affected by Indonesia’s commodity tax policy, Shopee’s after-tax preferential rates for Indonesian sites have been extended to February 26, 2020, while the commission policies for other sites remain unchanged.

eBay

eBay sellers can use “store holiday settings” to deal with logistics obstruction or insufficient inventory problems. You need to check the relevant options to prevent products from being searched by buyers.

Mercadolibre

Since February 10, 2020, the commission policy of the Mexico station has been adjusted. Fixed commissions have been added for low-priced products and some commission discounts have been cancelled.

Lazada

Lazada encourages cross-border sellers to use one-stop warehouse storage services, which can reduce logistics costs by up to 80%.

Cross-border financial services of LianLianPay

As an industry-leading third-party payment institution, Lianlian Pay provides a series of services to support cross-border e-commerce sellers:

Cross-border payment collection

Lianlian Pay allows users to quickly withdraw cash, receive it in real time, and supports multi-currency collection, including US dollars, euros and more than ten currencies, helping sellers reduce exchange losses.

Cross-border logistics payment

The launched “pay as you wish” service allows sellers to ship the goods first and pay later, interest-free for up to 45 days, effectively reducing the financial pressure on small and medium-sized sellers.

Tax Refund Manager

Using the service of Tax Refund Manager, sellers can receive tax refunds as soon as 3 working days, which greatly shortens the traditional tax refund cycle.

Mobile payment transformation

Lianlian Pay’s mobile applet brings cross-border collection into the era of mobile payment, allowing sellers to conduct account management and fund operations anytime and anywhere.

Conclusion

This article summarizes the policy updates of major cross-border e-commerce platforms and the various services of Lianlian Pay, aiming to help cross-border sellers find solutions to challenges and improve business efficiency.