A commercial invoice is an essential document issued by the seller to the buyer, detailing information about the goods involved in the transaction. This document allows the seller to collect payment. It is widely used in international trade for purposes such as payment reference, customs documentation, and applying for export licenses, making it an indispensable part of trade transactions.
OZON's Q3 financial report is impressive, with GMV increasing by 98%, highlighting the significant potential of Russian e-commerce. OZON is actively supporting Chinese sellers, emphasizing the importance of product selection, localization, and logistics. The platform's growth and focus on international sellers present a valuable opportunity for businesses looking to expand into the Russian market. By addressing key challenges in these areas, Chinese sellers can successfully leverage OZON's platform to reach a large and growing customer base.
Alashankou Customs has significantly improved port clearance efficiency, reduced corporate operating costs, and promoted rapid growth in import and export trade by implementing customs clearance facilitation measures such as 'self-declaration and self-payment' and 'aggregate tax payment'. Data shows that the port's cargo volume and total value both achieved significant growth in January and February this year, demonstrating the remarkable effectiveness of customs clearance facilitation reforms.
This article addresses frequently asked questions regarding the TikTok Shop security deposit for cross-border sellers. It covers essential information such as the payment deadline, accepted payment methods, category selection, and refund conditions. The aim is to guide sellers through the deposit process smoothly and prevent any disruption to their shop's operation. Understanding these key aspects ensures a compliant and efficient setup for international sellers on the TikTok platform.
Amazon video verification issues are resurfacing, leading to frequent account association and fund freezing incidents. Operations of third-party payment platforms are causing a crisis of confidence. Cross-border sellers need to re-evaluate fund security, choose payment institutions with greater influence, diversify fund repatriation, and consider the future development direction of platforms versus independent websites. Compliant operation is the cornerstone of survival in cross-border e-commerce.
Shopify Payments is the official payment solution for Shopify, streamlining payment processes and reducing transaction fees. Typically, Chinese merchants require overseas company qualifications to activate it, but some channels allow applying for an EIN tax ID with domestic information. Activation requires ensuring the authenticity of information, compliant operation, and selecting a reliable service provider. This article provides a detailed guide to help Chinese merchants successfully activate Shopify Payments.
Wayfair's store setup process has undergone a significant update, prioritizing returns and payment settings. Sellers must now plan their return strategy in advance, choosing between supplier-managed or Wayfair-managed models, and bind their payment accounts early. This article analyzes these changes, provides coping strategies, and explores key aspects of Wayfair platform operation. It aims to help sellers adapt to the new regulations and improve operational efficiency within the Wayfair marketplace.
Regarding the rumor of "PayPal stopping Chinese business accounts from receiving personal transfers," it has been verified that this adjustment only involves the fee rules for the "Friends and Family" payment service. It does not directly affect the normal collection of payments for goods or services by mainland Chinese merchants through PayPal. Cross-border e-commerce sellers need not worry; existing payment methods and processes will not be affected.
Singles' Day sales in Russia declined for the first time in four years, although categories like games, books, and clothing showed growth. Economic pressures and the exit of international brands are key factors. Cross-border e-commerce businesses should focus on niche opportunities and optimize logistics and localization to succeed in the Russian market. Platforms like Ozon, Wildberries, and Yandex.Market are worth paying attention to. This requires a strategic approach to navigate the changing landscape and cater to evolving consumer demands.
USPS is cracking down on "surface mail arbitrage," upgrading its postage control system, resulting in significant parcel delays, even affecting compliant orders. Sellers must strictly adhere to USPS regulations, ensuring postage payment aligns with the shipping date to avoid risks associated with violations. Establishing standardized payment processes is crucial to mitigate potential future logistics disruptions. The stricter enforcement impacts cross-border logistics and requires sellers to be vigilant about compliance to avoid penalties and delays.
