How to Enable Credit Card Payments on Shopee? Platform Collection Methods and Fee Comparison

How to Enable Credit Card Payment on Shopee? Comparison of Shopee's Payment Methods and Fees

In today’s rapidly developing digital age, e-commerce platforms are emerging like mushrooms after rain. Among them, the e-commerce platform Shopee in Southeast Asia and Taiwan market has attracted much attention. As one of the leading players in emerging markets, Shopee not only provides consumers with convenient shopping experiences but also creates more sales opportunities for merchants. However, for merchants who want to start their business on Shopee, understanding how to enable credit card payment and comparing different payment methods and fees is particularly important.

First, let us talk about Shopee's credit card payment function. With the change in consumer payment habits, an increasing number of people prefer to use credit or debit cards for online transactions. To meet this demand, Shopee introduced a credit card payment option. Merchants can apply to enable this service through Shopee's backend management system. Typically, merchants need to provide some basic information, such as a business license and bank account details. Once the application is approved, merchants can accept credit card payments from buyers. It is worth noting that although enabling credit card payment can attract more customers, it will also incur certain handling fee costs. Before deciding whether to enable it, merchants should carefully weigh the pros and cons.

In addition to credit card payments, Shopee also supports various other payment methods. These include PayPal, bank transfers, and third-party payment platforms, among others. Each payment method has its unique advantages and disadvantages. For example, PayPal is favored by international sellers due to its global coverage; while local bank transfers are better suited for merchants hoping to reduce cross-border transaction risks. Third-party payment platforms like GrabPay are gradually becoming one of the commonly used payment methods for consumers in Southeast Asia.

So, what are the cost differences between these various payment methods? Generally speaking, the handling fee for credit card payments is relatively high, typically fluctuating around 2%-3% of the transaction amount, depending on the regulations in the country or region and the specific terms of the cooperating bank. By comparison, PayPal may charge a lower base rate plus a fixed service fee per transaction; as for bank transfers, there might be no additional charges, provided both parties use services from the same bank. Of course, in actual operations, there may still be hidden costs related to currency conversion.

From news reports, we can see that the electronic payment industry in Southeast Asia has developed rapidly in recent years. According to a report released by a well-known financial media outlet, by the end of the first quarter of 2025, over 60% of orders on the Shopee platform were completed through online payments. This indicates that an increasing number of users are beginning to trust and rely on digital payment tools. At the same time, experts have pointed out that although electronic payments bring convenience, the high handling fees remain an issue that cannot be ignored for small and medium-sized enterprises.

In conclusion, for merchants planning to join Shopee or already operating on the platform, reasonably planning their own payment strategy is crucial. On one hand, they need to consider the habits and preferences of their target customer groups; on the other hand, they must fully evaluate the economic benefits and potential risks brought by various payment methods. Only in this way can they stand firm in this fiercely competitive market environment.