How Do Lazada Malaysia Sellers Receive Payments via Bank Account?

How to Receive Payments via Bank Account on Lazada Malaysia SellerPay

With the rapid development of e-commerce, an increasing number of merchants are choosing to sell their products on the Lazada platform. As a seller on Lazada, how to receive payments through a bank account has become an important issue. This article will introduce Lazada Malaysia SellerPay's payment method based on recent news, helping merchants better manage their funds.

I. Introduction to Lazada Malaysia SellerPay

Lazada Malaysia SellerPay is a payment method provided by the Lazada platform for sellers. By cooperating with multiple banks, it offers sellers safe and convenient payment services. Merchants only need to bind their bank account information to the Lazada platform to receive payments from buyers.

II. How to Receive Payments via Bank Account

1. Prepare Materials Merchants need to prepare personal ID, a photo or copy of the bank card, as well as seller information on the Lazada platform, including name, email address, contact details, etc.

2. Bind Bank Account Merchants select the SellerPay payment method on the Lazada platform, fill in relevant information such as the bank account name, account number, and opening bank, and link it to their Lazada account.

3. Confirm Receipt After buyers pay into the merchant’s Lazada account, the merchant can log in to their bank account to confirm. Once confirmed, the funds will automatically be transferred to the merchant's linked bank card.

4. Withdrawal Merchants can apply for withdrawal on the Lazada platform and pay the corresponding fees according to the platform's regulations. After successful withdrawal, the funds will arrive at the merchant's linked bank card within a certain period.

III. Precautions

1. Ensure that the bank account information is accurate to avoid financial losses or delays.

2. Pay attention to announcements and policies on the Lazada platform, and promptly understand updates and changes to payment methods and processes.

3. Ensure that the bank card status is normal to avoid funds being unable to transfer due to frozen cards or other reasons.

4. Comply with platform rules and laws and regulations to avoid violations.

Through the above introduction, merchants can better understand how to receive payments via bank accounts. Lazada Malaysia SellerPay, as a secure and convenient payment method, provides merchants with more convenience in fund management. Merchants only need to follow the process to easily complete the payment process and ensure the safety of funds. In today's rapidly developing e-commerce environment, choosing the right payment method is crucial for merchants. It is hoped that this article can provide some help to merchants in conducting business on the Lazada platform.