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Wildberries Reduces Payout Times for Sellers

The Wildberries marketplace team, part of the RWB group, has changed the payout procedure for sellers. The new scheme provides for a reduction in the time it takes to receive funds and makes the financial cycle more predictable for the platform's partners.

Now, the ability to withdraw money will open 14 days after the financial report approval period ends. According to RWB representatives, the changes are aimed at simplifying financial processes and increasing transparency in settlements with sellers.

It is expected that the updated mechanism will help entrepreneurs manage working capital more efficiently and reduce the waiting time for payouts.

Previously, Wildberries also revised its rules for interacting with partners, increasing the advance notice period for the most significant changes to the offer terms to 45 days.