Each cross-border e-commerce platform has a different payment cycle, and the rules for the amount that sellers can withdraw are also different. So, how long does it take to withdraw money from Temu, and is the Temu payment in RMB? This article answers these two questions.
Time required for Temu withdrawals:
The payment time of the Temu platform depends on many factors, including the product sales cycle, logistics delivery time, and platform settlement cycle. Generally, the Temu platform will pay back the money within a certain period of time after the order is completed and the receipt is confirmed.
Specifically, the Temu platform usually settles and pays back to users within 15 to 30 days. Due to the different situations of merchants and order status, the time period required for withdrawals is also different; this period is mainly used to process orders, verify receipts, and ensure the security and reliability of transactions; therefore, users should wait patiently.
In addition, the payment time may also be affected by different regions, payment methods, and platform policies. Therefore, it is necessary to pay attention to the relevant notifications of the platform to understand the progress of this payment.
It is worth noting that the payment time may be delayed due to holidays, promotions or other emergencies. Therefore, when using the Temu platform, users should understand and accept the uncertainty of the repayment time and plan their capital flow reasonably.
Is Temu’s repayment in RMB?
On the Temu platform, repayments are generally made in the currency selected by the user. For users in mainland China, repayments are usually made in RMB (RMB). The Temu platform will directly transfer the repayment amount to the user’s bound bank account or Alipay account.
For users in other regions, payment methods may vary from region to region. Depending on the country and region where the user is located, the Temu platform will provide corresponding repayment options. For example, for users in the United States, repayments can be made in US dollars.
The above content is about how long it takes to withdraw money from Temu and whether Temu’s repayments are in RMB. Sellers can understand the corresponding withdrawal time based on the platform’s own factors and properly plan their capital flow accordingly.