Amazon payment account is what we need to prepare when we open an Amazon store. When we choose a payment account, we need to compare the rates, payment withdrawal time, compliance and security. Today we will take a look at what options we have for Amazon payment.
Which Amazon payment account should I use?
1. Airwallex (currently an official partner of Amazon, headquartered in Hong Kong, with a Hong Kong MSO license, currently has 0 fee for cash withdrawals)
2. Worldfirst (commonly known as WF card, Aamzon official partner, with Canadian dollars, US dollars, British pounds, and Euros, online remittance fund inquiry, mostly used for company or individual applications)
3. Pingpong (Pingpong is a third-party financial payment institution in the United States with a payment license. The customer's funds are guaranteed by the U.S. Financial Bureau. The currency is U.S. dollars. Registration is simple. The service fee rate is absolutely no more than 1%. There are no hidden fees and exchange losses. It is mostly used for company applications)
4. Payoneer (commonly known as P card, the foreign exchange company’s own account, two fees for deposit and withdrawal, mostly used for personal application)
5. US personal bank card (daily transfer limit of US$1,000, easily locked)
6. US company bank card (without U-shield, the limit is US$5,000 per day. With U-shield, you can transfer money freely, without exchange rate loss. The handling fee for each remittance is US$45. It is complicated to handle and easy to be locked)
What suggestions do you have for collecting payments on Amazon?
Low exchange loss! ! ! All service fees for cross-border payments must not exceed 1%, otherwise the losses will be quite large, especially for large sellers.
No.2: High efficiency! ! ! Cross-border funds transfers via traditional methods typically take 7 to 14 days to process, and sometimes even longer due to unexplained delays at banks. It is best if the withdrawal can be received on the same day.
This is the end of this issue on Amazon payment. If you want to get more knowledge about Amazon payment, please pay attention and we will continue to answer your questions~
