If you’re a seller on Shoplazza, you can withdraw your marketplace payouts into your World Account. With the World Account, you can hold funds in multiple currencies, make conversions at competitive FX rates between your currency accounts, withdraw to your bank account, or pay your third-party suppliers abroad. You can even make purchases on wholesale marketplaces like 1688.com directly with your World Account balance. Start withdrawing your Shoplazza sales proceeds in a few simple steps.
*Note: The following example uses a USD account for demonstration. The steps for other currencies are the same.
Step 1 – Set up a Receiving Account
- On your World Account dashboard, go to the Collections tab > Click Manage accounts

- Click on Add a new Receiving Account. You can then select the currency for your receiving account

- Select the required currency, account usage, marketplace platform, supported bank, and enter an account name. Click Confirm to complete your new receiving account

- Once the account is set up, you can click on Details to get the account details

Step 2 – Link your Receiving Account to Shoplazza
- Log in to the Shoplazza admin dashboard
- Setting up payment: Go to Settings in your Shoplazza admin, and select Payments, where you will automatically see the Shoplazza Payments option. To complete the setup, click on Apply Now.

- Completing enrollment information – Business details: The setup process involves three essential steps. Start by providing your company’s business information and essential details. Double-check your information and verify before clicking Next step.

- Filling out legal representative information: Enter the relevant details regarding the legal representative of your company. This step is important for establishing transparency and accountability within your payment setup process.

- Providing payout account information: Enter the necessary bank account details designated for payouts. After completing and verifying the information, submit your application for review by the Shoplazza Payments team, who will typically conclude the evaluation within four business days.
Filling Tips:
Fill in or select the bank details exactly as shown in your World Account receiving account

- Bank code: ACH routing number (refer to the details in your World Account receiving account)
- Account number: Account number (refer to the details in your World Account receiving account)
- Account name: Account holder name (refer to the details in your World Account receiving account)


- After submission and approval, the setup is complete.
