What are the cross-border third-party payment platforms? Which one is better?

What are the cross-border third-party payment platforms? Which one is better?

When people shop on cross-border e-commerce platforms, they generally cannot use domestic payment methods. Such platforms generally have third-party payment options. So what are the cross-border third-party payment platforms?

What are the cross-border third-party payment platforms?

1. Paypal

PayPal is an Internet third-party payment service provider headquartered in San Jose, California, USA, which allows funds to be transferred between users who use email to identify themselves, avoiding the traditional method of mailing checks or remittances. PayPal also cooperates with some e-commerce websites and becomes one of their payment methods.

2. WorldFirst

WorldFirst is a foreign exchange company that focuses on providing international payment services to businesses and individual sellers. WorldFirst entered China in 2010 and has currently served more than 20,000 Chinese cross-border e-commerce sellers, with more than 100,000 active customers worldwide and an annual transaction volume of more than US$1 billion.

3. Airwallex

Airwallex is a financial technology company dedicated to building a global cross-border payment integration platform. Its business scope includes collection, payment and multi-currency exchange in cross-border transactions. Currently, Airwallex supports most cross-border transaction platforms, such as Amazon, eBay, and Shopify. It can now support transactions in more than 130 countries and regions and more than 50 currencies, helping Chinese sellers to quickly expand overseas.

4. Payoneer

Payoneer, referred to as P card, is a cross-border funds distribution company established in the United States in 2005. It is currently the only officially recommended payment method by Amazon. It provides global payment solutions and can also receive US B2B funds like US companies.

Payoneer Inc holds a US Money Transmitter license and is registered with FinCEN (US Financial Crimes Enforcement Network) as an MSB (Money Service Business) and a service provider authorized by MasterCard? International MasterCard Organization.

5. Baofu Payment

Baofu Payment focuses on electronic payment and big finance, and is a leading independent third-party payment company in China. Baofu provides individuals and enterprises with flexible, self-service and secure Internet payment products and services. Baofu products include: collection products, payment products, settlement products and platform products.

There are many cross-border third-party payment platforms, such as Alipay, which also has cross-border e-commerce payment. You can use UnionPay multinational banks, etc. In short, if you shop on a cross-border e-commerce platform, there are still many payment options.

Recommended reading:

Which cross-border e-commerce platform is easy to operate? Introduction to major platforms

What are the main cross-border payment institutions?

How to do cross-border e-commerce on Facebook? Tips to share

<<:  Which Amazon third-party payment platform has the lowest exchange rate? How to choose?

>>:  Does Amazon Australia require VAT? What are the policy requirements?

Recommend

4 experiences gained from advertising on Xiaohongshu with a 7-figure investment

This article will discuss how to discover product ...

The biggest scam of self-media (Part 1)

This article opposes making a fortune through self...

This is the best user behavior analysis strategy I have ever seen

Nowadays, user behaviors are increasing, and the d...

A one-to-one replica of Brother Yang, with over 100,000 sales

Xiao Yangge's marketing strategy is always suc...

Is Flipkart legitimate?

As a well-known e-commerce platform in India, Flip...

How to view the income details on Amazon? What is the method to view it?

As the Amazon platform continues to grow, more and...

Why I think Lei Jun will launch a 99,000 yuan "Redmi car"

In the past two days, Lei Jun launched the Xiaomi ...

Which international logistics company is the cheapest? Detailed analysis

Sometimes we do cross-border business or go abroad...