How to open shopify international credit card payment channel
International credit card collection mainly cooperates with third-party payment companies. As one of the major international payment methods, it is deeply trusted by consumers. Especially in Europe and the United States, due to the relatively complete credit system, almost every adult has a credit card, and they are accustomed to and rely on credit card payment in daily consumption. The penetration rate is similar to that of WeChat and Alipay in China. Consumers only need to have an international credit card to complete real-time online payment, which is safe, convenient and worry-free! Merchants only need to provide a domestic bank account for bank settlement to achieve payment purposes.
I will use the familiar Yingpay to introduce to you how to handle and open international credit card payment channels.
1. Apply for a merchant number. The merchant number is a unique number automatically generated by the system when a merchant applies on our company's official website. It is also an important logo for merchants. You will encounter it during the activation and use process, so be sure to remember it.
Application address
2. Sign the relevant service agreement. The agreement mainly consists of our international collection channel service agreement and the international collection channel application form, in duplicate, generally sent by express You can either go out or go directly to the company to sign.
3. Merchant makes payment. Everyone knows that using international credit cards to collect payments requires payment of usage fees. Merchants pay the relevant account opening fees to the account designated on the official website.
4. Review and open channels. After the company's finance department confirms that the payment has been received, it will notify the risk control and channel department to review the information provided by the merchant and activate it if it is correct.
5. Interface access. After the channel is opened, corresponding technical service specialists will be arranged to assist merchants in accessing the interface until normal collection can be carried out, which usually takes 3 to 7 working days.
6. The merchant collects payment and starts the journey of making money! Directly connected to the bank, the bank's strict review mechanism ensures the company's true safety;
We always adhere to the concept of: integrity wins the future, service creates value, and the goal is to be the most trusted collection partner of merchants.
No business license required to activate credit card payment
Just download the Alipay authorization form.
If you do not have a business license or are just a vendor, you can also open a credit card and Huabei payment collection. The specific methods are as follows:
(Note: The specific activation of this service function needs to be reviewed. Alipay Ant Credit Big Data, if you have poor credit/big data, you may not be able to activate it, and it will show "Not meeting the activation conditions", please protect your credit!
International credit card collection usually refers to international credit card online payment, which is generally used for small collections of less than 1,000 US dollars in foreign trade. More suitable for online store retail: the main industries include shoes and clothing, accessories, daily necessities, electronic products, health products, virtual games and ticket booking.
Currently, international credit card collection uses a third-party credit card payment company to provide a payment channel to achieve the purpose of collection. It is a payment-to-payment model (similar to online banking payment), mainly including Shenzhen Speedway, 95epay, Glbpay, CapitalEasy, wedopay, online banking, paypal, etc. provide online payment services.
This payment method can be refused payment, can protect the interests of consumers, and is easy and fast to operate, so it is deeply loved by foreign friends. If you want to go to the European and American markets, everyone in Europe and the United States must have at least one credit card, which is equivalent to an ID card. The credit value is useful for buying houses and loans. With the development of online shopping, credit card collection is indispensable.
Advantages of payment
Convenience and speed
Convenience means that consumers use credit cards to pay online, eliminating the need for traditional payment methods such as Western Union and Express. Huijin (MoneyGram) and Telegraphic Transfer (telegraphic transfer) must first go to the corresponding institution to handle the steps. At the same time, for new customers, there will be a kind of distrust, which will lead to the loss of some customers.
Simple real-time
Real-time is because all operations are completed online, so both buyers and sellers can know whether the payment is successful or not in the shortest possible time, and can view it on the background Whether the transaction is successful or not, the backend will see that it is successful and the product can be shipped.
Huge market
It is conceivable that there are nearly 1.5 billion people in the world with international credit cards.
Basically everyone in Europe and the United States has a credit card. At the same time, Europe and the United States also prefer to use credit cards for shopping, which is in line with European and American consumption habits. For consumers who are shopping online for the first time, they will generally choose their existing payment methods to pay. This will help merchants to develop new customers to a large extent and bring greater benefits to merchants.
Safe and reliable
Safety is because although credit card online payment methods are provided by third-party payment companies, since third-party payment companies cooperate with banks and credit card organizations, there are In addition to the third party's own risk control system, there is also a powerful bank risk control system and the credit card database of the credit card organization as a guarantee. You can rest assured about this
Promote consumption
When customers enter a website, their desire to buy products is not very strong, but if it can provide convenience (available around them) At this time, consumers will hesitate and have a desire to buy at that moment, which will attract consumers to buy to a large extent.
Accounts are not frozen, and the chargeback rate is low
Even for customers who sell counterfeit brands, there is no need to worry about foreigners’ chargebacks, because in Europe and the United States, where credit mechanisms are sound, mainstream credit card consumption In certain areas, credit card consumption refusals not only require the cardholder to go to the cardholder's bank to handle the matter, but also provide relevant evidence. At the same time, if the payment is refused, the cardholder's credit system will be reduced, and the credit system will directly affect his car loan, Mortgage and other loan issues. Considering these many aspects, consumers will not refuse to pay easily. According to surveys by credit card organizations such as Visa, Master, JCB, American Express, and Diners Club, the chargeback rate is generally less than 5 per thousand.
What is international credit card payment? Many people don’t understand, if they use a credit card, how to collect payment? First, the customer is required to provide the following information: the type of credit card, such as VISA or MASTERCARD, corporate card (yes Company and personal name) name, (Creditcardnumber), expiration date (Expirationdate), personal card (only personal name) name (Name), (Creditcardnumber), expiration date (Expirationdate).
Analysis from a risk perspective - the exact concept of a credit card is a credit card, which is different from the debit card we commonly use in China. The fundamental difference between the two is that the former uses the money first and then repays it, which is equivalent to borrowing money and has an interest-free period of a certain number of days; after the interest-free period, a certain amount of interest will be charged. The latter saves money first and then uses it, all using his own money, and there are no handling fees.
How to get the merchant payment code from the credit card payment code
Merchants can enter WeChat payment in the WeChat search box, click Follow to enter, select other help, become a merchant, and click to register for WeChat payment Commercial version. If you already have a merchant account, just click Bind and there is no need to register again. The materials required to become a WeChat merchant include a business license, organization code certificate, legal person ID card and settlement bank account. Once approved, credit card collection will be supported.
Operating environment: Huawei nove7 mobile phone version: v5.0.0 operation, WeChat version number v8.0.19
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1. It should be noted that the credit card is charged every day The collection limit is 500 yuan per transaction, with an upper limit of 50,000 yuan. The system will adjust the limit based on the merchant's transaction quality. In addition, the cash withdrawal rate for merchants who have opened the WeChat payment version is 0.6%, which means that merchants who withdraw 10,000 yuan need to pay a handling fee of 60 yuan, and the withdrawal date is T (working day) 1 day. International credit card collection usually refers to international credit card online payment, which is generally used for small collections of less than 1,000 US dollars in foreign trade. More suitable for online store retail: the main industries include shoes and clothing, accessories, daily necessities, electronic products, health care products, virtual games and ticket bookings, etc. Currently, international credit card collection is achieved through a third-party credit card payment company providing a payment channel. The purpose of payment is a payment-to-payment model (similar to online banking payment). There are several online payment services provided by Shenzhen Speedway, 95epay, Glbpay, CapEase, wedopay, online banking, paypal, etc.
2. This payment method can be refused payment, can protect the interests of consumers, and is easy and fast to operate, so it is deeply loved by foreign friends.
If you want to go to the European and American markets, everyone in Europe and the United States must have at least one credit card, which is equivalent to an ID card. The credit value is useful for buying houses and loans. With the development of online shopping, credit card collection is indispensable. Convenient and fast. Convenience means that consumers use credit cards to pay online, eliminating the need to first go to the corresponding institution to handle traditional payment methods such as Western Union and MoneyGram (wire transfer). At the same time, it will create a kind of distrust for new customers, leading to Lose some customers. Simple and real-time. Real-time is because all operations are completed online, so both buyers and sellers can know whether the payment is successful or not in the shortest possible time. You can check whether the transaction is successful as long as you go to the backend, and you can ship the goods if you see it in the backend. Huge market. It is conceivable that there are nearly 1.5 billion people in the world with international credit cards. For consumers who are shopping online for the first time, they will generally choose their existing payment methods to pay. This will help merchants to develop new customers to a large extent and bring greater benefits to merchants. Safe and reliable. It is safe because although credit card online payment methods are provided by third-party payment companies, since third-party payment companies cooperate with banks and credit card organizations, in addition to the third party's own risk control system, there are also strong bank risks. The control system and credit card organization's credit card database serve as safeguards. You can rest assured about this
What are the risks of international credit card collection for cross-border e-commerce sellers using the international credit card collection model?
Mainly when it comes to international credit card collection Risk of instability.
Although international credit cards are relatively common, there are risks in the payment process such as unstable payment, loss of timeliness, or even unsuccessful payment.
This concludes the introduction to international credit card payment and international credit card payment platform. Have you found the information you need?