This article reviews the exchange rate between the Spanish Peseta and the Chinese Yuan, and explores the impact of the Peseta's withdrawal on cross-border payments. Although the Peseta is no longer in circulation, understanding its historical exchange rates helps to comprehend currency value changes and the development of cross-border payments. This information is valuable for professionals in the cross-border e-commerce industry.
Safaricom and Mastercard have partnered to provide Kenyan merchants with seamless, secure, and scalable payment solutions by integrating M-PESA's merchant network with Mastercard's global payment infrastructure. This collaboration will also simplify cross-border remittance services. The initiative aims to boost Kenya's digital economy and enhance financial inclusion. The first steps are expected to be rolled out in the coming months, offering merchants and consumers alike improved access to digital financial services and contributing to the growth of the digital ecosystem in Kenya.
TikTok Shop has added Alipay and Payoneer as new payment methods for cross-border security deposits, providing sellers with more convenient payment options. Sellers must ensure that the account holder's identity matches the legal representative of the store and pay the deposit in a timely manner to avoid restrictions on store operations. The security deposit system aims to protect the rights and interests of the platform, buyers, and users, and to regulate platform operations.
Ozon has upgraded its logistics cooperation model, supporting both full truckload (FTL) and less-than-truckload (LTL) transportation. Freight costs are calculated in real-time based on actual volume, significantly accelerating settlement speed. Operations are streamlined through the online "Voz Ozon" platform. Furthermore, multiple benefits are offered, including liability insurance, car rental discounts, and tax exemptions, helping carriers reduce costs and expand their business. This aims to facilitate smoother and more efficient cross-border shipping through the Ozon platform.
This article details the operational process of online VAT payment and refund, including LianLian account binding, tax payment (providing two methods), tax payment record inquiry, and refund account settings and inquiry. It aims to help cross-border e-commerce sellers easily handle VAT payment and refunds, improving operational efficiency. The guide covers key aspects of managing VAT obligations online, streamlining the process for businesses engaged in international trade and ensuring compliance with VAT regulations.
This article provides an in-depth analysis of six common payment methods in international trade (Letter of Credit, Remittance, Collection, Cash Payment, Cash on Delivery, and Open Account), highlighting their advantages, disadvantages, and applicable scenarios. It offers practical advice on choosing the right payment method to help you securely and efficiently receive payments in international trade. This guide aims to minimize trade risks and ensure successful transactions by understanding the nuances of each payment option.
Traditional post-audit freight settlement faces inefficiencies and disputes. Instant settlement, leveraging upfront pricing, automated payments, and data integration, promises to improve efficiency, reduce errors, and enhance transparency. While challenges related to technology, security, and trust exist, advancements and industry collaboration can foster wider adoption. Instant settlement has the potential to usher in a more efficient, transparent, and intelligent era of freight payments, streamlining operations and improving relationships between shippers and carriers in the logistics industry.
Certify partners with Western Union to accelerate cross-border payments and optimize global supply chains. This collaboration aims to provide a more convenient and transparent payment experience, reduce costs, and help businesses expand into global markets. By streamlining the payment process, Certify and Western Union empower businesses to navigate international transactions with greater efficiency and confidence. This partnership supports digital transformation initiatives within supply chain finance, fostering innovation and growth in the global marketplace.
This article unveils eBay best-selling product search tools like Trending on eBay and DataLabs. It also provides eBay product selection strategies, including platform selection, target customer positioning, quality control, logistics optimization, and cost control. These strategies aim to help sellers successfully tap into the eBay market and achieve profitability in cross-border e-commerce.
This article details various communication channels available to eBay sellers for interacting with buyers, including the eBay messaging system, phone communication (used cautiously), and contacting eBay customer support. It provides practical tips for improving communication efficiency and highlights communication taboos to avoid. The aim is to help sellers build strong customer relationships, enhance customer satisfaction, and ultimately drive sales growth on the eBay platform. By mastering effective communication techniques, sellers can foster trust and loyalty, leading to a more successful eBay business.
