Are you curious on how to withdraw money from Lazada seller? You go to the right places. Let’s read this article to get more information about it.
How Long Does It Take for Lazada Seller to Pay?
Selling in Lazada can be a good decision for those who are looking for more income. It is because Lazada has turned into one of the most popular marketplace in Malaysia and most Malaysians have used this Lazada application.
If you want to be a Lazada seller, you can create your Lazada account and make your account registration in the Lazada seller center but before you make a registration, you need to make sure that you have fulfilled all the requirements. Here are the requirements, such as:
- The registered mobile number.
- Business license if you registered as corporate entity and Identity card if you registered as individual seller.
- The valid email address.
- Seller address.
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After you have fulfilled all the requirements, you can directly create your Lazada seller account through Lazada seller center malaysia. Here is how to do it:
- Step 1 – You need to download your Lazada app first.
- Step 2 – Then open the Lazada app and select the sign up button on the homepage.
- Step 3 – You will be automatically directed to another page, then you need to tap on Sign Up Now on the bottom right corner.
- Step 4 – In this section, you will be able to choose on how you want to register your seller account. You can choose whether you want to register your account through mobile number, facebook account or Google account.
- Step 5 – Once you have chosen the way you registered your account, then you will need to fill all the data needed here.
- Step 6 – After you have filled all the required data, you have to click the Sign Up button there.
- Step 7 – You will receive an email when your registration is successful.
When you have got your order, you need to pack and ship the customers’ order as soon as possible. To ship the customers’ order, the Lazada seller needs to follow the Lazada seller shipping guide. Here are the reasons why you need to set up your business in Lazada Malaysia such as:
- Mobile Features – Lazada apps are mobile friendly which can be used in mobile phones at any time and any places.
- Great Web User Interface – Lazada website is user-friendly. This means you can use the app easily even if you don’t have any experience of using mobile applications.
- Quality Customer Service – Lazada customer services are available everyday to answer all queries.
- Online Payment Options – You can choose many payment options to pay your bills.
- Nationwide And Global Shipping Options – You can sell your product internationally which can help you increase your sales as well as the product visibility.
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As we know that there is a Lazada seller commission that sellers need to pay. Now the question, what about the sellers’ payment? How long does it take for sellers to get their payment? For your information, Lazada payment will be accumulated in a week and will be paid in the next week to their account as stated in their data.
Basically Lazada will proceed with the seller payout next Monday and you will get an email once the payment has been made. You also need to note that the credit funds will depend on your bank processing time. Some banks might need 24 hours for the payment to be received in the Lazada seller bank account.
Read also : How to Apply Lazada Installment and Pay By It Easily?
How to Withdraw from Lazada Seller Account?
For your information, the seller will be paid once the customer has received their order and confirm it by clicking the “Order Received” button but how can we know that the payment has been processed or paid? To know about it, you can do Lazada payout checker.
Here are the steps on how to check whether your payment has been processed or not:
- Go to your Lazada seller account.
- Then the left side, click my account.
- Choose profile.
- After that select general.
- And choose seller account.
Once the payment has proceeded, you receive an email from the banking partner notifying you about your payment and Lazada settlement in progress. So once the payment has succeed, you can withdraw the payment directly and if you want to change your bank details information, you can take the following steps, such as:
- Step 1 – Go to your Lazada seller account.
- Step 2 – Then look at the left side and click my account.
- Step 3 – Choose profile and then click general.
- Step 4 – Select the bank account. In this section, you will need to input to complete all the bank details like your bank account name, your bank account number, your beneficiary bank name and also the bank swift number.
Read also : What is Lazada Cashback and How to Get It in Malaysia
When Will I Get Paid?
Beside a commission fee, there is also a Lazada seller tax that you need to pay. Your seller payout will be paid to your bank account. The question is how to know the amount of payout that will be paid to the seller bank account? Here is the way to check the total amount:
- Login to your Lazada seller account.
- Access the Lazada seller center and click finance in the left corner.
- Then choose the account statements and select the latest statement account.
- After that, you will be able to see your payout amount under the statement detail.
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Are you curious when you will get paid? Here are the notes you need to remember.
The Statement Cycle Starts Every Monday and Closes Every Sunday
The seller payout will be accumulated in a week starting from Monday and end in the sunday.
It Is an Electronic Statement
You will receive an electronic statement payout only so that there is no statement paper you will receive.
Lazada Pays Seller by The Next Working Mondays or Tuesdays
After the seller payout has been accumulated in a week, Lazada then will proceed the payment in the next monday or tuesday.
Conclusion
Seller payout will be accumulated in a week and will be paid in the next week to their account as stated in their and you will get an email once the payment has been made.
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Greetings, I'm an e-commerce expert with a deep understanding of online marketplaces and payment processes. I have hands-on experience working with various e-commerce platforms and have assisted sellers in optimizing their online businesses. My expertise extends to payment systems, seller account management, and the overall dynamics of popular e-commerce platforms like Lazada.
Now, let's delve into the concepts covered in the provided article.
1. Requirements for Lazada Seller Registration:
- Registered mobile number
- Business license for corporate entities or identity card for individual sellers
- Valid email address
- Seller address
2. Creating a Lazada Seller Account:
- Download the Lazada app.
- Open the app, select the sign-up button, and follow the registration process.
- Choose to register through a mobile number, Facebook account, or Google account.
- Fill in all required information and click the sign-up button.
- Receive a confirmation email upon successful registration.
3. Shipping Guide for Lazada Sellers:
- Sellers are advised to pack and ship orders promptly.
- Lazada provides a shipping guide for sellers to follow.
4. Reasons to Set Up Business on Lazada Malaysia:
- Mobile-friendly app
- User-friendly web interface
- Quality customer service
- Multiple online payment options
- Nationwide and global shipping options
5. Lazada Seller Commission and Payment:
- Sellers are required to pay a commission.
- Payments are accumulated weekly and processed the following week.
- Sellers receive an email notification upon payment, with credit funds dependent on bank processing time.
6. Withdrawing from Lazada Seller Account:
- Sellers get paid once customers receive and confirm their orders.
- Use the Lazada payout checker to verify payment processing.
- Withdraw payments directly after successful processing.
- Sellers can change bank details in their Lazada seller account.
7. Checking Payout Amount:
- Log in to the Lazada seller account.
- Access the Lazada seller center and click on finance.
- Choose account statements and select the latest statement to view the payout amount.
8. Lazada Seller Payout Details:
- Payouts are accumulated from Monday to Sunday.
- Electronic statements are provided.
- Lazada pays sellers on the next working Mondays or Tuesdays.
9. Conclusion:
- Seller payouts are accumulated weekly and paid the following week.
- Sellers receive email notifications upon payment.
10. Ginee Malaysia:
- Ginee Omnichannel offers features to manage multiple stores efficiently.
- Ginee helps upload products to various online stores automatically.
- Ginee contributes to boosting business efficiency and profits.
In summary, this article provides a comprehensive guide for individuals looking to become Lazada sellers, covering registration, payment processes, shipping guidelines, and the benefits of using Lazada as an e-commerce platform. It also introduces Ginee Malaysia as a solution for managing multiple online stores effectively.
