{"id":1299,"date":"2023-05-16T11:56:00","date_gmt":"2023-05-16T02:56:00","guid":{"rendered":"https:\/\/globalsellers.coupang.com\/?post_type=seller-university&#038;p=1299"},"modified":"2024-03-27T08:39:37","modified_gmt":"2024-03-26T23:39:37","slug":"coupang-settlement","status":"publish","type":"seller-university","link":"https:\/\/globalsellers.coupang.com\/en\/seller-university\/coupang-settlement\/","title":{"rendered":"Understanding Settlement"},"content":{"rendered":"\n<p>For Coupang seller settlement takes place on a monthly basis. If you would like to check up on your settlement status, log into WING and click &#8216;settlement&#8217; on the menu as shown below. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"460\" src=\"https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2024\/03\/image-48-1024x460.png\" alt=\"\" class=\"wp-image-3141\" srcset=\"https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2024\/03\/image-48-1024x460.png 1024w, https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2024\/03\/image-48-300x135.png 300w, https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2024\/03\/image-48-768x345.png 768w, https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2024\/03\/image-48.png 1098w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>In the dropdown, you will be able to see the following details:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"444\" src=\"https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2021\/12\/523F332F-4848-4982-AC5A-070D203A864E-1024x444.jpeg\" alt=\"\" class=\"wp-image-1301\" srcset=\"https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2021\/12\/523F332F-4848-4982-AC5A-070D203A864E-1024x444.jpeg 1024w, https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2021\/12\/523F332F-4848-4982-AC5A-070D203A864E-300x130.jpeg 300w, https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2021\/12\/523F332F-4848-4982-AC5A-070D203A864E-768x333.jpeg 768w, https:\/\/globalsellers.coupang.com\/wp-content\/uploads\/2021\/12\/523F332F-4848-4982-AC5A-070D203A864E.jpeg 1417w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Here&#8217;s what you need to know about seller settlement at Coupang:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Sellers are paid once a month through direct transfer to their overseas bank&nbsp;&nbsp;account.\u200b<\/li><li>Sellers are paid only if their monthly GMV exceeds 1million KRW. If not, it will be accrued to the following&nbsp;month\u2019s&nbsp;settlement.\u200b<\/li><li>There is a monthly 50,000 KRW Coupang Service Fee for sellers who exceed 1million KRW GMV (excl.&nbsp;Shipping fees). For sellers of appliances, computers and electronic goods, this 50,000KRW fee applies only&nbsp;after&nbsp;GMV exceeds&nbsp;5million KRW (excl. Shipping fees).\u200b<\/li><li>Monthly sales are settled on the 15th business day of following&nbsp;month.\u200b<\/li><li>Coupang may withhold your payment if your account has been used to engage in deceptive, fraudulent,&nbsp;or illegal activity, or to repeatedly violate our Program&nbsp;Policies.\u200b<\/li><li>Please note that&nbsp;there is a commission for each sale and the rate depends on&nbsp;product&nbsp;category, which&nbsp;is shown when&nbsp;listing your product or by searching in the WING help section.\u200b<\/li><li>A 3% (VAT Exclusive) processing fee will be applied only on the shipping fee that you set for&nbsp;your products.<\/li><\/ul>\n\n\n\n<p>For a breakdown of how much it costs to sell on Coupang, refer to <a href=\"https:\/\/globalsellers.coupang.com\/seller-university\/how-much-does-selling-on-coupang-cost\/\">this page.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For Coupang seller settlement takes place on a monthly basis. If you would like to check up on your settlement status, log into WING and click &#8216;settlement&#8217; on the menu as shown below. In the dropdown, you will be able to see the following details: Here&#8217;s what you need to know about seller settlement at [&hellip;]<\/p>\n","protected":false},"featured_media":1700,"template":"","meta":{"footnotes":""},"seller-university-category":[19],"class_list":["post-1299","seller-university","type-seller-university","status-publish","has-post-thumbnail","hentry","seller-university-category-being-a-good-coupang-seller"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Understanding Settlement - Coupang Marketplace<\/title>\n<meta name=\"description\" content=\"For the Coupang global seller, settlement takes place on a monthly basis. 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