What payment methods does Amazon support? Is Amazon payment secure?

What payment methods does Amazon support? Is Amazon payment secure?

On the Amazon platform, everyone can buy the products they want. Amazon is considered to be a relatively well-developed cross-border e-commerce platform, so what payment methods does Amazon support? Many Amazon users have questions, and the following will answer them for you.

What payment methods does Amazon support?

1. Payoneer

Payoneer, commonly known as P-card, is currently the only official partner of Amazon in the payment collection category, providing global payment solutions, supporting multi-platform stores in all currencies, and can also receive US B2B funds like US companies.

2. World First

Commonly known as WF account, it is a top international remittance company registered in the UK, with offices in the UK, the US, Australia, Singapore, and Hong Kong, providing 24-hour Chinese telephone service. When withdrawing cash, WF will automatically transfer it to the legal person's private account or public bank card bound to the seller.

3. PingPong

A startup in Hangzhou, China, it launched a cross-border payment platform in 2016, focusing on providing Amazon payment services for Chinese cross-border e-commerce.

4. Amazon Global Payments

Amazon Global Payment Service is integrated with the seller platform, and sellers can easily manage global trade payment transactions directly on the Amazon platform. Amazon is also working hard in this direction. Amazon Global Payment Service supports 9 major Amazon overseas sites (North America, Europe, and Japan).

5. Currencies Direct

Currencies Direct entered China in 2016 to help cross-border platform sellers collect and settle foreign exchange. Currencies Direct works closely with world-class banks such as Deutsche Bank and Barclays Bank to provide platform sellers with payment accounts in US dollars, euros, pounds, yen, and Canadian dollars, and supports withdrawals in the original currency or RMB to the company, legal person, or any shareholder's personal bank account, which is quite flexible.

Is Amazon Pay safe?

When using online payment platforms, you may have doubts, especially in case of important payments. Each of these platforms has a security system that makes them more or less safe. However, there is no doubt that the advantage of Amazon Payments is that it protects user data. Why? Well, because you can buy in non-Amazon online stores without providing your personal data or registering when making a purchase.

In other words, Amazon will protect your identity and the online business (e-commerce) will only know the account you provided for payment. But it will not be a bank account or a credit card. The email will work, just like what happens in PayPal, only in this case we are talking about the email we registered with Amazon.

In summary, Amazon supports a lot of payment methods, and Amazon Pay can be used on Amazon and other third-party seller websites, which is a convenient and secure payment option for Amazon shoppers.

Recommended reading:

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