Shopee is one of the largest cross-border e-commerce platforms in Southeast Asia, with more than 200 million users. As a cross-border e-commerce seller, how to set up a payment account on Shopee will be a problem you must face. This article will introduce you to the process and precautions on how to set up a payment account on Shopee.

1. Early preparation.

Before setting up a collection account, you need to make the following preparations:

Account opening bank: You need to open a bank account first, and the bank account can be used as your collection account.

Payment channels: Supported payment channels need to be bound to Shopee in order to collect orders.

Collection account information: You need to prepare information related to the collection account, including the name of the account holder, bank account, branch name, etc.

2. Setup process.

The process of setting up a payment account on Shopee is very simple. The following are the specific steps:

Log in to the Shopee Seller Center: Log in to the seller account on Shopee and enter the Seller Center.

Enter the payment settings page: On the Seller Center page, click “Store Management” – “Payment Settings” to enter the payment account setting page.

Add bank account: Click “Add Bank Account”, fill in the relevant information, including the name of the account holder, bank account, branch name, etc., and click “Save”.

Bind payment channels: After the bank account is successfully added, you need to bind supported payment channels, including Alipay, WeChat Pay, credit cards, etc. Select the supported payment channel and bind it.

Set the default collection account: After the binding is successful, you need to select the default collection account. This account will become the default account for all order collections.

3. Things to note.

When setting up a collection account, you need to pay attention to the following issues:

Account security: The security of your bank account needs to be ensured to prevent the account from being maliciously misappropriated by others.

Bank restrictions: Different banks may have different restrictions and fees, so you need to understand them in advance.

Payment channels: Before binding payment channels, you need to understand the handling fees, usage restrictions and other relevant information of different payment channels.

Document authentication: Before binding the collection account, personal real-name authentication is required to ensure the authenticity of the account information.

Change of bank account: If you need to change your bank account, you need to update the collection account information in a timely manner to avoid abnormal collections.

4. Summary.

It is very simple to set up a collection account on Shopee. You only need to perform the corresponding operations on the Seller Center page. When setting up a collection account, you need to pay attention to issues such as account security, bank restrictions, payment channels, document authentication, and bank account changes to ensure the normal operation of the collection process. By properly setting up payment accounts, orders can be collected quickly, and the credibility and reputation of sellers can be improved, and consumers’ trust and desire to buy can be increased.

In short, for cross-border e-commerce sellers to open a store to sell goods on the Shopee platform, setting up a collection account is a very important step. Only by properly setting up the collection account can we ensure the normal collection of orders and achieve better sales performance and user reputation. If you want to sell goods on the Shopee platform, be sure to carefully understand the process and precautions for setting up a Shopee collection account in order to better conduct cross-border e-commerce business.