Payoneer, a money receiving system that you must know When to become a new eBay seller

Lately, the eBay sales trend for Thai people seems to be very quiet. That's because the new regulations and rules are not as easy to implement as before. The main thing would probably be the matter of receiving money, which originally ebay was usually tied to paypal for convenient payment receiving. But at present The two camps have separated

Ebay turns to join hands with partners like Payoneer. If you want to be a seller on their platform, you need to verify your identity and receive approval from Payoneer first. If the receiving party approves To be able to combine the money-earning system with selling things on eBay, simply put, Unlink your Paypal account and use Payoneer instead

What is Payoneer? Is it as easy to use as PayPal?

Payoneer is a platform for receiving money from abroad. But will receive money from selling products. Or suitable for freelancers for hire. that is used only to receive money from companies that have made an agreement Can't be used to send and receive money individually like Paypal

The principle is, when we sell things on eBay, how much money do we make? The platform will deduct various expenses. How much is left? They will transfer the payment to Payoneer instead, which is different from before when we could sell. Customers then transfer money directly to PayPal, but this new system The money will go to eBay first. When you get the amount, how much will it be? Expenses are deducted and then paid to the seller through the connected Payoneer system

The advantage is that the buyer was cheated by the seller. Or taking the money and fleeing is less likely because originally the money had already been received. If you don't send the item, you can have it. Or send items that are not correct? You have to make a hassle to make a case to request a refund. However, PayPal has a verification process as well, but when eBay holds the money first, Can be sold, no problem, part of the problem is eliminated

There are advantages and disadvantages. The main one is that sellers get money slowly. Whose line is not long? You may need to prepare working capital for a little longer. When selling things on eBay, don't forget to add both the Final Value Fee and various Insertion Fees. If that's not enough, you will receive money from Payoneer when transferring it to a Thai account. Don't forget the cost of withdrawal fees as well. To have enough profit

Is Payoneer difficult to approve? What documents must be prepared?

Approval for use on this platform It is a check and verification of identity including first name, last name, address, telephone number, ID card or passport, email, water and electricity bill, commercial documents or legal entity registration for the company. If we send the correct documents that match. And it has been approved. Before we list the item for sale on eBay for the first time, there will be a system connection to Payoneer to pull the recipient's information for use. If the information matches and there is no problem Start selling products But if it hasn't been approved yet, you'll have to wait until the two accounts can be linked together. So you can start selling things