Foreign trade payment methods:

1. Online payment

Payment can be completed directly online, which is fast and convenient. The third-party payment company guarantees that payment can be refused, and the interests of consumers are protected. On the other hand, the relative risk increases, mainly for small-amount collections. Mainly used for small and medium-sized payment collections such as online earning and foreign trade retail.

① Electronic account category: The main payment is electronic account to electronic account mode (similar to Alipay and Alipay transactions, both parties need to register and have accounts), mainly including PayPal, MoneyBookers, Ap, Google checkout, LR, cashrun cashpay and so on.

②International credit card payment: It mainly uses a third-party credit card payment company to provide a payment channel to achieve the purpose of collection. It is a payment gateway to payment gateway model (similar to online banking payment), mainly including Fuhuitong (fhtpay) , fashionpay, sfepay, ChronoPay IPS, PayEase, 95epay, ECPSS (E Huitong), Gspay, online banking, etc. .

2. Bank remittance mode

Mainly remittance through bank transfer or remittance company. It is convenient for large-amount payments and safe. It is not suitable for small-amount collections and has high fees. Once the funds are sent, they are irrevocable and there is no guarantee for consumers. Mainly used for wholesale foreign trade collection. Mainly include wire transfer (TT, Telegraphic Transfer), letter of credit (L/C), Western Union (WU, Western Union, international express remittance company), MoneyGram (MG, MoneyGram, global rapid remittance business), etc.

Warm reminder: The above information is for reference only.

Response time: 2022-01-29. For the latest business changes, please refer to the official website of Ping An Bank.