In the e-commerce industry, more and more merchants choose to sell goods on online platforms, and Shopee is an e-commerce platform with global users. In order to conduct business on this platform, merchants need to register and set up a company collection account. The setting of Shopee’s company collection account is a key process and a major challenge for merchants to operate on this platform. So, let’s take a look at the process and precautions of registering a company account collection on Shopee.
1. How to register for the Shopee platform.
Before using the Shopee platform, merchants must first register. The registration process is simple and easy to understand. Merchants can register for a platform account on Shopee’s official website or through Shopee’s mobile application. Merchants need to provide the following information.
1. Email address.
2. User name.
3. Password.
4. Mobile phone number.
5. Address.
2. The registration process of Shopee’s company collection account.
1. Merchants need to select the “seller” identity type during the registration process.
2. Merchants need to select the “Set Payment Method” option.
3. Then, on the payment method page, merchants need to select “Account to be paid” to set it up. This function will store the buyer’s payment directly into the merchant’s e-wallet and treat it as a Shopee merchant platform account.
4. In the settings, merchants need to bind their personal information and bank accounts. Merchants need to fill in the names, positions and phone numbers of all signatories, which will serve as credentials for bank account binding to activate the e-wallet service and start receiving payments.
5. Merchants need to upload relevant documents, such as the merchant’s signed bank account information and relevant documents such as the corresponding certification materials of the bank account.
6. After the application is completed, the Shopee platform will manage the application and review the submitted industrial and commercial registration certificates, business licenses, financial agreements and other relevant authoritative documents to complete the registration of the collection account.
7. Once the process is reviewed, merchants can use the account to accept payments and receive payments from merchants on the Shopee merchant platform.
3. How to set up a payment account on Shopee.
1. Log in to the merchant platform account. Merchants need to open the Shopee merchant platform and log in to the account using their account name and password.
2. Select the “Workbench” tab. This tab is the core tab in the merchant platform, and merchants can complete many tasks on this tab.
3. Select the “Wallet” sub-function card. This will open the wallet page.
4. Click the “Settlement Bank Account” button. In the “Settlement Bank Account” area at the bottom of the wallet page, merchants need to click this button to set up a payment account.
5. Enter the merchant’s bank information. Merchants need to enter their account information in the bank, such as account name, account number, bank name, SWIFT/BIC code, etc. In addition, merchants also need to enter other relevant information, such as merchant name and owner information.
6. Merchants need to submit account information and corresponding documents. Merchants need to submit relevant authoritative documents, such as business registration certificates, as proof, and documents related to bank account information, such as bank insurance policies or bank account opening certificates.
7. After completing the account settings, merchants can use the account to accept payments and collections from buyers and the Shopee platform, and can also keep track of the balance of the collection account and manage transaction invoices and other information on the merchant platform at any time.
Fourth, what should be paid attention to for the Shopee company collection account.
1. Merchants need to prepare relevant documents in advance. When submitting bank account information, merchants need to provide supporting materials such as bank insurance policies or bank account opening certificates, and they need to prepare relevant documents before applying.
2. Merchants need to carefully calculate all expenses. When using the Shopee platform to conduct business, merchants need to pay various fees. Merchants need to carefully calculate all expenses to ensure that their profits are maximized and prevent losses in their e-commerce business due to excessive expenses.
3. Merchants need to comply with the relevant regulations of the Shopee platform. The platform is very strict in formulating and supervising the behavior of merchants. Merchants on the platform need to follow the relevant regulations of the platform to ensure the legality of business activities, and try their best to ensure the quality of goods and the safety and rapid sale of goods.
The above is an introduction to the relevant knowledge of the process and precautions for collecting payments when registering a company account on Shopee. The setting of a Shopee company collection account is an important step for merchants to conduct business on the Shopee platform. Merchants need to carefully read the relevant regulations of the Shopee platform, follow the process and prepare relevant documents to ensure the smooth completion of account opening and collection. Merchants on the platform must adhere to core principles such as compliance with regulations, honest operation, and ensuring customer satisfaction in order to carry out long-term and stable business activities on the platform.