In the early stage of the development of cross-border e-commerce in my country, customs clearance logistics and related settlement methods were the main forms of payment for online transactions, such as traditional postal remittances, bank transfers and letters of credit. In recent years, with the development of e-commerce, a large number of overseas warehouse transshipment models and third-party payment platforms have emerged, and various payment methods such as credit card payment, postal remittances, bank transfers, etc. are also constantly innovating and developing. The following will introduce the common vocabulary and phrases involved in the cross-border e-commerce payment process. The specific definitions of the terms involved in the expanded vocabulary will no longer be given. Learners can refer to relevant materials to help understand and master them.

1. Basic vocabulary

(1) payment

Example: She fell down on her payment. She did not pay on time.

(2) dishonour

Example: When this happens, they will dishonour their own promises. If this happens, they will dishonour their own promises.

(3)discount

Example: If they want to bombard me with advertising, then give me a discount.

(4)draft

Example: Do you accept at sight draft or time bill?

(5)promissory note

Example: It is obvious today that America has defaulted on this promissory note insofar as her citizens of color are concerned.

(6)cheque

Example: The bank cashed his cheque.

(7)invoice

Example: You can choose an invoice to view and print.

(8) remittance 返款

Example: A remittance must accompany all orders.

(9) settlement 办法

Example: Reynolds started raising the price of premium brands to offset payments to to settlement.