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.

01/23/2026 International Settlement
Read More
Western Union Certify Simplify Global Supply Chain Payments

Western Union Certify Simplify Global Supply Chain Payments

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.

01/29/2026 International Settlement
Read More
El Salvador Upgrades Customs Labs to Boost Trade Efficiency

El Salvador Upgrades Customs Labs to Boost Trade Efficiency

El Salvador hosted a workshop on modernizing customs laboratories to enhance commodity classification capabilities and promote trade facilitation. Sponsored by the World Customs Organization (WCO), the workshop focused on the Harmonized System (HS) classification and international cooperation. The aim was to improve the accuracy and efficiency of customs procedures, ultimately contributing to smoother and faster trade flows. This initiative underscores the importance of modern customs infrastructure and skilled personnel in supporting global trade and economic development.

01/05/2026 Customs Knowledge
Read More
IRU Training Enhances Customs Efficiency and Trade Security

IRU Training Enhances Customs Efficiency and Trade Security

IRU's TIR-EPD training enhances customs efficiency and trade security. This program focuses on leveraging the Electronic Pre-Declaration (EPD) system to facilitate trade and improve risk management. By equipping customs officials with the necessary skills and knowledge to utilize EPD effectively, the training contributes to faster border crossings, reduced delays, and a more secure supply chain. Ultimately, the TIR-EPD training promotes seamless international road transport and strengthens global trade relationships through improved customs procedures.

01/05/2026 Customs Knowledge
Read More
Bsplink Modernizes Aviation Financial Settlements

Bsplink Modernizes Aviation Financial Settlements

BSPlink is IATA's web platform designed to optimize financial settlement between travel agencies and airlines. It enhances efficiency, reduces costs, and ensures data security through features like automated processing and unified settlement. This system streamlines the reconciliation process, making it faster and more accurate. By automating key functions, BSPlink helps to minimize errors and improve overall financial management within the aviation industry. It provides a secure and reliable environment for managing transactions and accessing critical financial information.

01/20/2026 International Settlement
Read More
CH Robinson Adopts AI to Transform Supply Chain Logistics

CH Robinson Adopts AI to Transform Supply Chain Logistics

C.H. Robinson introduces Agentic Supply Chain, an AI-powered intelligent ecosystem capable of autonomous thinking, learning, and adaptation. It optimizes supply chain management, signaling a shift in the logistics industry towards greater intelligence, efficiency, and sustainability. This innovative system promises to revolutionize how businesses manage their supply chains by leveraging AI to make smarter, faster decisions and proactively address potential disruptions. The Agentic Supply Chain represents a significant advancement in the application of AI within the logistics sector.

01/28/2026 Logistics
Read More
Shipping Lines Face Rising Demurrage Fees Causes and Solutions

Shipping Lines Face Rising Demurrage Fees Causes and Solutions

This article provides a detailed overview of the reasons behind reshipment fees charged by shipping companies, identifies potential shipping companies that may levy these fees, outlines payment locations, and suggests effective strategies to avoid incurring them. The aim is to assist foreign trade enterprises in understanding and effectively addressing reshipment fee issues, thereby reducing export costs. It covers the origin, responsible parties, payment process, and preventative measures related to this fee within the context of foreign trade.

08/22/2025 Logistics Encyclopedia
Read More
Fidelity Bank Nigeria Simplifies International Transfers With SWIFT Code Guide

Fidelity Bank Nigeria Simplifies International Transfers With SWIFT Code Guide

This article provides a detailed analysis of Fidelity Bank Nigeria's SWIFT code, emphasizing the importance of using the correct code and offering practical advice for optimizing cross-border payment processes. The primary SWIFT code is FIDTNGLAXXX, but it is recommended to confirm with the recipient or contact the bank for accurate information to avoid payment delays, failures, or additional fees. Ensuring the correct SWIFT code is crucial for smooth and efficient international money transfers to and from Nigeria.

09/01/2025 International Settlement
Read More
Ebay Sellers Adopt Paypal Strategies for Risk Mitigation

Ebay Sellers Adopt Paypal Strategies for Risk Mitigation

This article delves into the relationship between eBay payments and PayPal, exploring multi-store payment strategies and potential risks, emphasizing the importance of consistent account binding information. It also details PayPal payment fees, how to handle unavailable balances, and strategies for optimizing withdrawal fees. The aim is to help eBay sellers manage payments safely and efficiently, thereby improving operational efficiency. The focus is on practical advice for navigating the complexities of international payments within the eBay ecosystem using PayPal.

01/05/2026 International Settlement
Read More