In-depth analysis of Wish platform shipping speed and loan policy

As a world-renowned e-commerce platform, Wish has a detailed set of regulations on order processing and loan policies. This article aims to help users (whether buyers or sellers) fully understand the shipping speed of the Wish platform and its loan mechanism.

Wish platform shipping speed

The Wish platform has clear requirements for sellers’ time to process orders: sellers should complete order processing within two working days after the buyer places the order. After that, the seller needs to hand over the goods to the logistics partner, and the specific transportation time depends on the selected logistics solution. Wish provides two main logistics options – Wish Post and Wish Express, which are adapted to the logistics needs of different users.

• Wish Post: This is Wish’s own logistics service, known for its economy and convenience, and is suitable for consumers who are sensitive to shipping costs.
• Wish Express: Provides faster delivery services, often performed by third-party logistics companies.

Detailed explanation of Wish lending policy

Loan time

According to Wish’s lending rules, after the buyer confirms receipt of the goods, the platform will transfer the money to the seller’s account within the next 14 days. In addition, Wish also sets fixed loan dates, namely the 1st and 15th of each month. As long as the order is confirmed to have been received within the specified time (including but not limited to the logistics information showing that it has been delivered or the buyer actively confirms it), then these orders will enter the payable status on the next release date.

Influencing factors

• Return and refund rate: A higher return and refund rate may cause the platform to review the seller’s account more, thereby prolonging the loan cycle.
• Account Performance: A seller’s historical performance and credit rating also affect how quickly they get paid. Sellers who perform well tend to get paid faster.
• Logistics speed: Since the time for the buyer to actually receive the goods will be taken into account when disbursing money, a longer logistics cycle may indirectly delay the time for disbursement.

Lending arrangements under special circumstances

For products that have been fined for violating platform policies, the related sales payments are handled differently:

• If a store is frozen due to non-counterfeiting issues, its funds will be unfrozen after three months, and any refunds incurred during this period will be the responsibility of the seller;
• If a store is punished for being involved in counterfeit goods, and the circumstances are serious, all sales revenue from the counterfeit goods will be frozen for two years before being refunded, and all related order IDs will be recorded.

Advance loan and ultra-long account period service

In order to support merchant operations, Wish has launched the following two special measures:

• For orders that use Wish’s official logistics online settlement service and have valid tracking records, the platform allows 20% of the order amount to be paid in advance.
• Qualified sellers can also apply for a billing period service of up to 10 days, that is, the last week’s bill will be generated every Monday and the payment must be completed before Wednesday.

By having an in-depth understanding of the specific content of the Wish platform regarding shipping speed and lending strategies, users can better plan the transaction process, ensure a smooth transaction process, and protect their own rights and interests at the same time.