1. Online payment type

Payment can be completed directly online, which is fast and convenient. It is guaranteed by a third-party payment company and 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 online earning and foreign trade retail small amount collection.

1. Electronic account type: The main payment is electronic account to electronic account mode (similar to Alipay and Alipay transactions, both parties need to register and have an account).

2. International 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).

2. Bank remittance mode

Remittances are mainly carried out through bank transfers and remittance companies. 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.

Different payment methods have different preferences for different sellers and buyers. Generally, merchants prefer "irrevocable" payment methods, but consumers generally hate and refuse to use such methods, and advocate the use of third-party payment that protects the interests of both parties.

Extended information:

In China, the most mainstream payment platform is non-independent third-party payment led by Alipay. These payments adopt the recharge mode for payment, and they are all integrated. The online banking feature of most banks.

So in China, whether it is a credit card or a debit card, as long as your bank card has the online banking function, it can be used for online shopping. In China, the use of credit cards is not yet very popular, so most people still use debit cards for payment.

Credit cards are developing very rapidly in China, and it is estimated that credit cards will become popular in the near future. Among young white-collar workers, the use of credit cards has become a very common phenomenon. This development trend also indicates that direct credit card payment on the website will gradually develop.

In China’s Hong Kong, Taiwan and Macau, the most common electronic payment methods are Visa and MasterCard, and they are also accustomed to using PayPal electronic accounts to pay.

Reference: Baidu Encyclopedia-Foreign Trade Payment