Lazada is a promising e-commerce platform that continually evolves logistics, technology, and payment infrastructure, offering and connecting South Asia with an enjoyable, safe, and seamless shopping experience. It is a promising marketplace and the biggest e-commerce market that offers you a wide range of payment options. Whether you are a local or international seller with Lazada payment options, you will not have any problems.
Here we are providing you with the complete information you must know about the payment options of Lazada.
Lazada Payment Options
1. Cash On Delivery (COD)
Cash on delivery (COD) is unveiled completely in the e-commerce markets of South Asia. COD has made people in the countries, including the Philippines and Indonesia, take advantage of the Lazada services, those who do not have bank accounts. They don’t need to make a prepayment for the products they want to purchase.
Suppose there is a delivery failure or the customer rejects to accept the package. In that case, Lazada will take care of everything for free, and the package will be sent to the local authority and will be used to dispatch it to other customers. If there is no buyer of your package for four weeks, Lazada will send it back to the warehouse for free.
COD is available only if the item is dispatched from sorting centers of Lazada in mainland China or Hong Kong.
Many customers in Southeast Asia are using COD as one of the most frequently used payment systems. Sellers are observing a significant increase in sales due to the Cash on Delivery payment option. If you are buying from Indonesia, Malaysia, the Philippines, and Thailand, COD will be activated automatically. You can contact Lazada to deactivate or to opt-out of COD.
2. Lazada Wallet
People in Malaysia, the Philippines, Singapore, and Thailand can use Lazada’s e-wallet. Buyers can top-up their Lazada wallet with any amount equalling $1,000 through bank transfers, credit cards, debit cards. Besides, you can also get your cash to 7-Eleven stores to top-up your e-wallet. If there is a return, you will get instant cashback within one to two days.
Lazada offers various discounts, quick refunds, and rebates to attract its customers. As instanced in Malaysia, the customer gets 10% of cashback if a minimum of ca $25 is paid and a maximum discount of ca $5, using the Lazada e-wallet on Tuesdays. You will find it the most convenient payment solution with a single click. Customers can also avail of instant access to rebates and enjoy one of the protected payment options.
3. ATM Card Or Credit Card
A recent survey shows that around 45% of Lazada customers prefer the prepayment option. You don’t have to keep the cash ready with the credit or ATM card payment option. It is one of the most preferred Lazada payment methods because every seller will not provide a COD option for your shopping.
Lazada accepts almost every Mastercard or Visa credit card. Customers’ credit card information is secured and safe due to SSL or Secure Sockets Layer.
4. Instalment Payment Plan (IPP)
It is a payment solution through which you can make the payment for your purchase for six or twelve months. Installment Payment Plan supports all credit cards issued by DBS banks or OCBC. The minimum buying required to avail of this option is SGD 200, and a maximum of SGD 20,000. The purchase has to be done in a single order.
5. Country-wise Payment Solutions
There are various country-specific Lazada payment options. Payment solutions vary according to the country.
Here are the Lazada payment systems according to each country.
- Malaysia: Installments of payment and online banking
- Philippines: Instalments through BDO credit card and Gcash.
- Singapore: AMEX, Instalments of payment, and PayPal.
- Thailand: Pay at counter services.
How Can I Choose My Preferred Payment Option?
You can choose your preference from Lazada payment methods during checkout. Once you click on “Add to Cart” or “Buy Now,” you need to select “Place Order” and “Select Payment Method.” if you want to see the available payment options, you can click on “View more Payment Methods.”
Here you can select your preferred choice of Lazada payment options. Lazada offers you various payment options to offer you a superior online shopping experience. You can choose the one from the choices available, including Lazada Wallet, Credit or Debit card, Cash on Delivery (COD), BDO installment, and GCash. Choose one of your convenient payment options.
For any further assistance, Lazada offers its buyers to connect 24/7 with its customer care specialists for support through chat. It also offers connectivity with the Lazada peers to get help from them.
Hence, you can choose any of your convenient option for payment. Lazada uses the World First and Payoneer as its payment providers. The products are provided in the local currency of each country. Its official stores are 100% legit, making it safe to buy. It delivers real value to its buyers to boost the end-to-end shopping experience and build a healthy and sustainable business.
We hope you are now clear with Lazada payment options.
Check out our website www.atome.sg if you want to kickstart your business with us or shopping with us. Atome is one of the promising buy now, pay later brand in Asia.
History Of Atome?
Atome launched their business in December 2019 partnering with many online and offline retailers across beauty, fashion, fitness, lifestyle, and homeware. Till date, atome has more than 2,000 leading retailers in Singapore, Malaysia, Indonesia, Hong kong, and mainland China. Atome is pronounced as “A-Toe-Me” and it stands for “Available to Me”.
Atome is a part of Advance Intelligence Group, a Series-C AI-driven technology company headquartered in Singapore. Founded in 2016, it leverages innovative technology and partnerships to build an ecosystem of products and services serving consumers, enterprises and merchants. This group has placed the top position in LinkedIn 2020.
This article has surely given you a clear idea about Lazada payment options.
Still, if you have questions and suggestions, feel free to let us know in the comment section below.