Supported Cross-Border Payment Methods on Shopee

Shopee, one of the leading e-commerce platforms in Southeast Asia and Taiwan, has recently caught the attention of many Chinese sellers. For merchants looking to expand their overseas markets through Shopee, choosing an appropriate cross-border payment method is crucial. So, what cross-border payment methods does Shopee actually support? This article will explore this issue and provide a comprehensive analysis and recommendations for readers based on the latest market dynamics and user feedback.

Firstly, Shopee currently mainly supports two mainstream cross-border payment methods Payoneer and LianlianPay. These two methods each have their own advantages, meeting the needs of different sellers.

Payoneer, a globally renowned cross-border payment brand with high coverage in China's market, allows sellers to quickly withdraw funds by simply registering an account and binding it to their Shopee shop. Its advantages lie in low handling fees, fast transfers, and support for multi-currency settlements, making it the preferred choice for many cross-border sellers. Payoneer also offers rich value-added services, such as free multilingual customer service support and secure fund management tools, greatly enhancing user experience. According to the latest statistical data, by the third quarter of 2025, more than 60% of Chinese Shopee sellers chose Payoneer as their primary payment channel.

By contrast, LianlianPay focuses more on providing localized services for domestic Chinese enterprises. Its advantage lies in its cooperation with China UnionPay, making it more convenient and efficient in handling RMB transactions. For sellers who wish to directly convert foreign currency income into RMB, LianlianPay is undoubtedly a good choice. Meanwhile, LianlianPay has launched several preferential policies, such as waiving fees for the first bound shop, further reducing sellers' cost pressures. It is worth noting that during the recent Double Eleven shopping festival, LianlianPay successfully helped thousands of Chinese sellers complete millions of transactions, demonstrating its strong technical support capabilities.

In addition to these two mainstream methods, some smaller payment platforms have also attempted to enter the cross-border payment market for Shopee. However, due to relatively weaker brand influence and service stability, they have not gained widespread recognition. For example, an emerging payment company once launched promotional activities targeting Shopee sellers, but due to technical failures causing some orders to fail to settle normally, it ultimately faced strong complaints from users. Therefore, when choosing a cross-border payment method, sellers must carefully weigh various factors to ensure the safety of their funds and personal interests are not harmed.

So, how can one make the most suitable choice for themselves? The author believes that the following dimensions can be considered

Firstly, cost considerations. Different payment methods vary in handling fee ratios, and sellers need to calculate actual expenditures based on their own sales volumes. Generally speaking, Payoneer's handling fees are slightly higher than those of LianlianPay, but its additional value-added services may offset this;

Secondly, time sensitivity requirements. If sellers have high requirements for the speed of capital recovery, they should prioritize fast-arrival platforms like Payoneer;

Thirdly, personal preferences. Each seller has their own operational habits and technical acceptance levels, so choosing the method that best fits their workflow is the most important.

In summary, whether it is Payoneer or LianlianPay, both can serve the Shopee seller community well. However, in the specific implementation process, sellers still need to combine their own business characteristics and development plans, comprehensively evaluate them, and then make decisions. With the continuous development of the cross-border e-commerce industry, it is believed that more innovative solutions will emerge in the future, bringing more convenience and opportunities to small and medium-sized enterprises.