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

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

On the Amazon platform, everyone generally needs a third-party payment platform. Although this third-party payment platform supports cross-border payments, it also requires an exchange rate. Which Amazon third-party payment platform has the lowest exchange rate?

Which third-party payment platform on Amazon has the lowest exchange rate?

1. Payoneer, commonly known as P card, is definitely a veteran-level payment method for cross-border payments. Founded in 2005, an Israeli company was listed on the Nasdaq in the United States in June 2021. Payoneer's scope of use and flexibility must be the best among such products. It can not only collect funds from cross-border e-commerce platforms, but also collect funds from online earning, commissions, and offline foreign trade. Among such products, it should support the most platforms. Payoneer withdrawals are very fast, and the funds can basically be credited to the account on the same day. Some people say that Payoneer's withdrawal fee is slightly high, but if the amount of the payment is relatively large, you can apply to reduce the fee, which can be as low as about 0.3%, which is still relatively affordable. Exclusively supports free transfers between accounts, which is very convenient.

2. Worldfirst Wanlihui, commonly known as WF card, has the biggest advantage of ultra-low withdrawal fees, which are capped at 0.3%. If the amount of money received is large, the withdrawal fee can be as low as 0, which is difficult to achieve on other platforms. After the acquisition by Ant Financial, combined with the in-depth cooperation with Alipay, it now supports Alipay quick registration and withdrawal to Alipay, and the withdrawal speed is seconds, which is something that only Ant Financial's own company can do.

3. Airwallex, a payment method with super low fees and advantageous exchange rates. Airwallex was founded in Melbourne in 2015 and is headquartered in Hong Kong, China. It can provide enterprises with cross-border payment services that integrate "collection", "management, and payment". Airwallex charges only 0.3% for cash withdrawal and settlement, which is almost the lowest in the industry. If you choose to settle the exchange with a settlement card, the fee can be reduced to 0.05% or even lower. Airwallex also has an exchange rate advantage. It uses offshore exchange rates to settle the exchange, which can earn about 0.3-1.2% more than traditional payment platforms. Airwallex also supports functions such as Airwallex Visa card, independent station collection, and quick payment link. Although it is a rising star, it is definitely a unicorn company.

4. LianLian Pay. Maybe you may think that LianLian Pay is still difficult to compare with these internationally renowned payment platforms, but with LianLian's deep cultivation in cross-border payment in recent years, some advantages have gradually emerged. LianLian's biggest advantage is the integration of cross-border independent station payment and cross-border e-commerce platform payment interface. In terms of cross-border independent stations, LianLian can not only connect to PayPal and credit card payment platforms for payment and withdrawal, but also released its own payment platform, which can be independently linked to Shopify payment.

If you say that the exchange rates of Amazon's third-party payment platforms are low, they are actually all similar. Some merchants do not actually support these third-party payment platforms, so when shopping, you should also check the payment modes supported by the platform.

Recommended reading:

What is the best way to collect payments for cross-border e-commerce? How to collect payments?

What are the payment methods for cross-border trade? You must know these

How about cross-border e-commerce agency operation? Is it useful?

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