After each sale, your balance is reflected in the Seller Portal where you can track your transactions. Merchants are paid every Wednesday on Net 15 terms for all orders that shipped in the Newegg system. Funds are deposited directly into your specified account once a week via ACH transfers, so you will typically receive payment between 15-21 days. Payment details will be emailed to you weekly, and you can also access each settlement under your Seller Portal account.

Selling on overseas marketplaces can be a great way to expand your business and put your products in front of millions of new customers, while also giving you the opportunity to overcome challenges such as domestic competition and seasonality.

For international sellers participating in cross-border trade, we know there can be difficulties with managing foreign proceeds, exchange rates and transfer speeds. Newegg has partnered with payment service providers to help your business be free of friction that comes when selling overseas.

Payoneer

Payoneer is a cross-border payment platform that provides online money transfer and currency conversion services for online sellers. It’s easy to sign up and receive your Newegg payments into your Payoneer account, where they can be easily withdrawn directly to your home bank account in your local currency.

PayPal

PingPong is an innovative global money transfer service provider that provides payment and currency conversion services specifically for cross border e-commerce merchant based in China. Pingpong specializes secure and efficient global money transfer service which enables e-commerce merchant getting paid from global ecommerce marketplaces in foreign currency into their local bank account in China or Hong Kong and conveniently converted into their local currency. Pingpong’s service is fast, reliable and cost competitive.

Wire Transfer

For domestic sellers with a US bank account or international sellers, the standard method for transferring profits from your sales on Newegg is a wire transfer. Paypal can also be enabled for fund transfers, with a maximum amount of up to $10,000.