E-Commerce Newcomer's Guide Full Process Analysis of Payment and Settlement on Major Platforms

Essential Guide for E-commerce Beginners A Comprehensive Overview of Payment and Collection Processes on Major Platforms

With the acceleration of globalization, cross-border e-commerce has become an increasingly popular choice. For beginners, understanding the payment and collection process on major platforms is crucial. This article will analyze the payment and collection process of mainstream platforms such as Amazon, eBay, Wish, and Lazada, combined with recent news, to help you smoothly enter the world of cross-border e-commerce.

1. Amazon

1. Register an Account First, you need to register an account on the Amazon platform and fill in the required information and provide necessary documents.

2. Create a Store After completing the account registration, you need to create a store, including providing basic information such as the store name, description, and images.

3. List Products Once your store is created, you can start listing products. You need to provide product descriptions, images, and prices.

4. Sales and Payment Buyers can conveniently pay through Amazon's payment gateway. The funds are usually transferred to your seller account after the buyer confirms receipt.

5. Withdrawal and Settlement Sellers who reach a certain amount can apply for withdrawal. The withdrawal process may involve some fees. The funds will typically arrive in your bank account within a certain period.

2. eBay

1. Register an Account Register an account on the eBay platform and fill in the required information and provide necessary documents.

2. List Products After completing the account registration, you can start listing products. You need to provide product images, descriptions, and prices.

3. Sales and Payment After the buyer pays, the money is temporarily held on the eBay platform. Once the buyer confirms receipt, the funds will be transferred to your account. The waiting time depends on local payment system regulations.

4. Withdrawal and Settlement Sellers who reach a certain amount can apply for withdrawal. Usually, they need to provide bank account information. The withdrawal process may involve some fees, and the funds will arrive in your bank account within a certain period.

3. Wish

1. Register an Account Register an account on the Wish platform and fill in the required information and upload necessary documents.

2. List and Promote Products After completing the account registration, you can list and promote your products on the Wish platform. You need to provide product images, descriptions, and prices.

3. Payment Process After the buyer pays, the money is directly transferred to the Wish platform account. Once the buyer confirms receipt, the funds will be transferred to your bank account. This process is relatively simple and does not require additional handling of payment gateways.

4. Withdrawal and Settlement Sellers who reach a certain amount can apply for withdrawal. The withdrawal process may involve some fees, and the funds will arrive in your bank account within a certain period.

4. Lazada

1. Register and Open a Store Register an account and open a store on the Lazada platform. You need to provide necessary documents and basic information.

2. List Products Before listing products, you need to provide detailed product descriptions, images, and prices.

3. Sales and Payment After the buyer pays, the money is directly transferred to the Lazada platform account. Once the buyer confirms receipt, the funds will be transferred to your bank account. Lazada also offers multiple payment options for you to choose from.

4. Withdrawal and Settlement Sellers who reach a certain amount can apply for withdrawal. Usually, they need to provide bank account information. The withdrawal process may involve some fees, and the funds will arrive in your bank account within a certain period.

In summary, these four major platforms each have their own characteristics. For beginners, choosing a suitable platform and understanding its payment and collection process is essential. At the same time, understanding the platform's policies, rules, and precautions is also indispensable. We hope this article provides you with useful references for your cross-border e-commerce journey.