Sellers are paid 5 business days after the last date in their account statement, which is given every week. For instance, if your latest account statement is from the 3rd of May to the 9th, you’ll get paid on the 11th of May.
Lazada has plenty of options when it comes to payments, namely: credit and debit cards, Lazada e-wallet, and the ever-popular Cash on Delivery (COD). There are also country-specific options:
Offering Cash on Delivery (COD) is vital as 55% of buyers in Southeast Asia use COD on Lazada, with stores who have this option seeing 1.5 to 3.5 times higher sales on average. Fortunately for those selling in the Philippines, Malaysia, Thailand, Indonesia, and Vietnam, COD options are automatically enabled. It’s still being discussed whether this will be automatically enabled for Singapore.
There are also no extra charges for COD options.
Easy! Just head on over to your Seller Profile from the Seller Center and click on Bank Account then fill out the necessary details.
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