Escrow Services Boost Security for Crossborder Ecommerce

Escrow Services Boost Security for Crossborder Ecommerce

This article explains the "third-party escrow" mechanism in cross-border e-commerce transactions. This mechanism involves an independent third-party platform holding funds until the buyer confirms receipt of the goods. The funds are then released to the seller, effectively reducing transaction risks and protecting the rights of both buyers and sellers. This ensures the security of cross-border e-commerce transactions by providing a secure and reliable payment process, fostering trust and confidence in the international marketplace.

Ozon Expands in China Targets 100000 Sellers with Shenzhen Office

Ozon Expands in China Targets 100000 Sellers with Shenzhen Office

Russian e-commerce giant OZON has announced the opening of an office in Shenzhen, aiming to attract 100,000 Chinese merchants to its platform. The company plans to increase the transaction volume of Chinese goods tenfold by 2024. OZON will provide more support to Chinese sellers by improving its logistics system and optimizing services, helping them tap into the lucrative Russian e-commerce market. This move signifies OZON's commitment to facilitating cross-border trade and expanding its presence in the Chinese market.

Independent Ecommerce Businesses Adapt to Market Challenges

Independent Ecommerce Businesses Adapt to Market Challenges

This article addresses entrepreneurs in cross-border e-commerce independent websites, particularly those in Putian and Guangdong, exploring how to break through in the current market environment by reducing costs and improving efficiency. It emphasizes the importance of direction selection and proposes risk management strategies such as transaction behavior labeling and delayed observation of capital paths. Furthermore, it highlights the significance of lowering operational costs and enhancing operational efficiency to achieve sustainable growth and profitability in the competitive e-commerce landscape.

Paypal Escrow Boosts Crossborder Ecommerce Security

Paypal Escrow Boosts Crossborder Ecommerce Security

PayPal Escrow is a third-party escrow service provided by PayPal, designed to protect the interests of both buyers and sellers in cross-border e-commerce transactions. PayPal holds the funds temporarily, ensuring that the payment is released to the seller only after the buyer receives the goods or a predetermined timeframe is reached. This effectively mitigates transaction risks and improves transaction efficiency by providing a secure and reliable payment process for international trade.

Crossborder Ecommerce Faces Customs Valuation Challenges

Crossborder Ecommerce Faces Customs Valuation Challenges

The World Customs Organization issued Advisory Opinion 23.1, clarifying that low-price transactions of flash sale goods can be used as a basis for customs valuation, provided they comply with the Valuation Agreement and the transaction is genuine and valid. This opinion guides cross-border e-commerce enterprises in compliant declaration, reduces trade risks, and provides customs authorities with scientific valuation methods, promoting the healthy development of cross-border e-commerce. It emphasizes adherence to existing valuation principles while acknowledging the unique characteristics of flash sales.

Ebay Sellers Face Challenges With Crossborder Customs Fees

Ebay Sellers Face Challenges With Crossborder Customs Fees

This article delves into the customs fee responsibility mechanism in eBay cross-border e-commerce, clarifying that buyers bear tariffs, taxes, and other additional fees. It emphasizes the seller's obligation to inform buyers about these potential costs. Furthermore, it warns sellers against risky practices such as false declarations and concealment, and suggests choosing compliant logistics and adhering to export regulations to achieve stable development in cross-border e-commerce business. Compliance and transparency are key to avoiding issues and ensuring a smooth transaction process.