Which cross-border platform can receive funds on the same day? Introduction to the arrival time of cross-border platforms

There are many cross-border platforms now, because many friends have this demand, and as long as the cross-border business is established, the income will be higher than that of domestic business. Which cross-border platform can receive the money on the same day?

Which cross-border platform can receive funds on the same day?

The fastest time is 1-2 working days!

There are many ways to receive payments in cross-border e-commerce, including Alipay, PayPal, banks, etc. Different payment methods have different arrival times. The following is a comparative analysis

1. Alipay

Alipay is one of the commonly used payment methods in China and is also used by many cross-border e-commerce sellers. For Chinese sellers, using Alipay to receive payments can save remittance fees and exchange rate conversion fees. For overseas buyers, using Alipay to pay is also more convenient. Alipay takes a long time to arrive, usually 3-5 working days.

2. PayPal

PayPal is one of the world's online payment platforms. For cross-border e-commerce, using PayPal to receive payments can avoid remittance fees and exchange rate conversion fees. PayPal's arrival time is relatively fast, usually taking 1-2 working days. PayPal's handling fee is relatively high, and you need to pay a transaction fee of 2.9% + 0.3 US dollars.

3. Banks

Bank remittance is one of the traditional payment methods for cross-border e-commerce. For large transactions, bank remittance is a relatively safe and reliable method. The handling fee for bank remittance is relatively high, and the exchange rate conversion fee is also relatively significant. It usually takes 3-7 working days for bank remittance to arrive. The recipient needs to provide detailed remittance information, including SWIFT code, bank account number, etc.

When you are shopping or transferring money across borders, if you want the money to be credited to your account on the same day, there are platforms that will credit you on the same day if it is just a simple transfer. However, if you are shopping on a cross-border platform, it is more difficult to credit you on the same day.

Recommended reading:

Is it difficult for an individual to engage in cross-border e-commerce? How much capital is required?

How about doing cross-border e-commerce at home? Is it easy?

What are the ways for individuals to receive cross-border payments? Introduction to payment methods