Cross-Border E-Commerce: Payment and Settlement Methods for International Transactions

Introduction

Cross-border e-commerce requires payment methods supported internationally. This guide explores the primary收款 (payment collection) options available and key considerations for global merchants.

Section 1: 7 Major Cross-Border Payment Methods

1. PayPal

• Overview: A U.S.-based platform operating in 203 countries with 26 currencies.

• Pros:

  • Widely accepted (eBay, AliExpress,独立站).
  • Direct transfers to PayPal accounts (3–7 days to bank).

• Cons:

  • High fees (1%–3% per transaction).
  • Buyer-biased dispute resolution; frequent complaints may freeze accounts.

👉 Explore PayPal alternatives

2. PingPong

• Overview: Tailored for Chinese跨境电商 sellers.

• Pros:

  • Transparent 1% fee.

• Cons:

  • Slow processing (3–6 business days).

3. BIYAPAY

• Overview: Emerging digital支付 tool supporting fiat and cryptocurrencies.

• Pros:

  • Zero跨境 fees, multi-currency support.
  • Licensed (Canada/U.S. MSB).
  • Real-time tracking.

• Workflow:

  1. Link offshore account → Deposit fiat → Convert to USDT → Withdraw via交易所.  

4. Payoneer ("P卡")

• Pros:

  • Fast (2-day withdrawals).
  • Supports Amazon, Shopify.

• Cons:

  • $29.95 annual fee + 1% USD deposit charge.

5. WorldFirst (万里汇)

• Pros:

  • 0.3% flat fee.
  • Instant Alipay/bank transfers.
• Supported Currencies: GBP, USD, EUR, JPY, etc.

6. Airwallex (空中云汇)

• Pros:

  • First-year 0% fee promo.
  • 5-minute withdrawals.
• Backed by: Tencent, Sequoia Capital.

7. Stripe

• Pros:

  • No withdrawal fees.
  • 135+ currencies.

• Cons:

  • Not available in mainland China (requires香港 account).

Section 2: Key Considerations for跨境收款

Security

• Verify encryption, fraud prevention, and compliance (e.g., PCI DSS).

Fees & Transparency

• Compare:
  | Provider | Transaction Fee | Withdrawal Fee |
  |----------------|-----------------|----------------|
  | PayPal | 1%–3% | $1.50–$30 |
  | BIYAPAY | 0% | 0% |

Processing Speed

• Prioritize providers like Airwallex (5-minute transfers).

Global Coverage

• Ensure support for target markets’ currencies (e.g., BRL for Mercado Libre).

User Experience

• Test platforms for intuitive interfaces and 24/7 support.

FAQ

Q1: Which is the cheapest跨境收款 method?
A1: BIYAPAY offers零 fees for crypto conversions, while WorldFirst charges 0.3%.

Q2: How to avoid frozen accounts with PayPal?
A2: Maintain low dispute rates and provide tracking for all orders.

Q3: Can I use Stripe without a香港 bank account?
A3: No—Stripe mandates local bank details for verification.

👉 Need a reliable跨境支付 solution?

Conclusion

Selecting the right跨境收款 method balances cost, speed, and security. For high-volume sellers, BIYAPAY or Airwallex may optimize efficiency, while PayPal suits small-scale独立站. Always audit providers for regulatory compliance.