What are the payment methods on Amazon? What are the payment methods?

If we want to shop online, we must first understand what payment methods the platform supports. In order to avoid the situation where you have already selected the items and then find out that the payment method is not supported when you go to pay. So what are the payment methods on the Amazon shopping platform?

What are Amazon's payment methods?

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.

In general, there are five most common and most commonly used payment methods on the Amazon shopping platform, namely Payoneer, World First, PingPong, Amazon Global Payments and Currencies Direct.