1. Alipay (International Version)
The International Version of Alipay (ESCROW SERVICE) is a brand new online payment tool created by Alibaba International Station and Baolian International buyers and sellers. I am very optimistic about the future of Alibaba’s International Version of Alipay. However, because it is now a very new payment method, the international market acceptance is not high, and it is mainly used on the “AliExpress” platform launched by Alibaba. When accepting small payments, you can recommend Alibaba’s International Version of Alipay to customers. After all, you are more familiar with Alibaba’s Alipay, and logistics operations and communication are more convenient.
2. Credit card collection
In Europe and the United States, the mainstream payment method is still credit card. In Europe and the United States, credit cards are connected to personal credit information, so credit cards are a very safe payment method. Now cross-border e-commerce platforms can use credit cards for payment through cooperation with VISA and MASTER CARD.
The risk point of credit card payment is customer return orders and a small part of credit card fraud. Because international small-amount trade requires logistics and other expenses in the early stage, if consumers return orders or regret orders, it will be a lot of losses for sellers. Moreover, many mainstream cross-border e-commerce platforms now also favor buyers. Generally, payment companies provide various relatively safe verification and encryption measures when providing payment services, such as sharing information with the black card library of the card organization. Once a black card or stolen card is encountered, the system will refuse payment, resulting in order failure.