Frequently Asked Questions: Lazada
What is Payoneer?
Payoneer is a leading provider of payment solutions to e-Commerce merchants globally. Founded in 2005 and based in New York, USA, Payoneer is ranked in the top 100 of Inc. 5000’s Financial Services companies.
Lazada has partnered with Payoneer to provide our sellers with a competitive, smooth and flexible payment solution.
Why should I sign up for a Payoneer account?
Payoneer is a strategic partnership that Lazada has signed to provide our sellers with a flexible, competitive payment solution. Signing up to receive payments through Payoneer has several advantages, including:
- Faster Payments
Funds are available in your Payoneer Account immediately
- Competitive Fees
Attractive conversion rates when withdrawing funds to your local bank account
- Local Currency
Withdraw to your local bank account in over 100 currencies at your convenience thereby giving you more control on exchange rates - Greater Convenience
Withdraw funds to a local bank account of your choice
How do I sign up for a Payoneer account?
You can sign up for a Payoneer account using the link provided above or simply click here. All sellers must register using the company name with which you have registered with Lazada.
Can I setup my existing Payoneer account to receive money from Lazada?
Yes, you can setup your current Payoneer account to receive money from Lazada. Click here to enter details so that Payoneer can link your existing Payoneer account to Lazada.
Please ensure that you are registered with Payoneer and Lazada under the same name. If your existing Payoneer account is registered with a different name, please use the above link to create a new account, with the same name or simply click here.
What are the fees involved in receiving money through Payoneer?
With Payoneer, you enjoy a flexible payment solution that is competitively priced.
- No loading fee
- No transaction fee
- No maintenance fee
- Attractive withdrawal fees that decrease with increasing volumes through Payoneer
By when should I sign up with Payoneer?
Sellers are required to sign up with Payoneer by June 30, 2015. Starting July 1, 2015 Payoneer will become the payment channel for paying our sellers.