Paying way
PayPal
Foreign trade PalPal payment is usually used for electronic commerce. PayPal (brand in mainland China for PayPal), December 1998, founded by Peter Thiel and Max Levchin. Headquarters in the United States is a Internet service providers in SAN jose, California, allows you to use electronic mail transfer funds between to identify the identity of the user, to avoid the traditional way of mailing a cheque or remittance. PayPal and some e-commerce site, cooperation, also become one of their payment for goods payment; But when using this payment transfer, PayPal charge a certain amount of fees.
PayPal payment is simple, compared with the previous western union, can carry out more on doubles the fairness of the buyer and seller, and more reasonable. Foreigners can be directly on the website for payment or pay them directly to your PayPal account inside, fast and convenient, saves to make Banks designated to handle some farmers trouble formalities, also conforms to the foreigner way of online shopping.
Western union
Western union remittance express is one of the world's leading companies, has a history of 150 years, it has the most advanced electronic exchange, the world's largest financial network and agent network around the world nearly 200 countries and regions.
disadvantages
1. The first payment after delivery, the foreigner prone to distrust
2. The customer group is small, limiting trading businesses
3. The amount is larger, high fees
T/T Telegraphic transfer money is by the remitter to fixed currencies to their own foreign exchange Banks in exchange for the quota of foreign exchange, and specified by the payee's name and address, and then by undertake bank (the remitting bank) fold telex electric to another country's branch or agent (import) indicating solution to pay the way of a kind of remittance. Wire transfer has passed speed, accuracy, convenient collection, it is one of the most significant characteristic is fast and safe, applicable to the remittance amount is large, the remittance urgent project, but relatively high bank fees.
Letter of credit (L/C)
Letter of credit (L/C) payment is with the development of international trade and Banks to participate in international trade settlement in the process of gradually formed. As a result of the payment for goods to pay in order to obtain consistent with the shipping documents for the conditions stipulated by the l/c, avoid the risk of the payment in advance, so the l/c payment to a great extent, solve the import and export the contradiction of the two sides in terms of payment and delivery problems. It has become a main method of payment in international trade.
The credit card
VISA/MASTER card: is the world with the largest number of two kinds of international credit card, online payment, safe, quick, convenient.
moneygram
Western union and are MoneyGram is the world's fastest two kinds of remittance way, all can in a few minutes to get cash, simple procedures. But because the money is instantaneous, security is not enough, assuming that the seller fraud, buyers would be disastrous, foreigners in this way is not recognized.
