1. Definition of e-remittance order

e-remittance order is an order service model provided by Alibaba International Station for merchants under the general trade supervision mode on the platform and where the buyer and seller have established transaction trust. It aims to provide a simpler order transaction model and fund collection service to create a better service experience. Its fund turnover efficiency is higher and the cost is lower.

2. Characteristics of e-remittance order

e-remittance order does not participate in transaction guarantee. It is suitable for buyers who have established trust with the seller and do not need to provide guarantee services. It does not occupy the credit guarantee line.

(1) e-remittance order is based on the trust relationship established between the buyer and the seller and does not rely on the platform guarantee.

(2) The seller’s withdrawal is no longer restricted by the credit guarantee line. As long as the buyer confirms the order payment information and the seller’s funds and goods ratio is reasonable, the withdrawal can be carried out.

(3) The platform does not participate in the after-sales guarantee link. If a dispute occurs, the platform only provides an online dispute refund entrance, which is resolved by the buyer and seller through negotiation. The platform does not intervene in arbitration and does not provide compensation services.

3. The value of e-receipt orders

(1) Faster turnover of large amounts of funds: no limit on the amount, faster delivery time and lower costs.

(2) Data accumulation demonstrates strength: accelerates the process of digital transactions and demonstrates true trade strength.

(3) Credit upgrade to obtain business opportunities: performance credit upgrade, transaction data attracts more buyers.