Guide to VAT Compliance for Ecommerce Sellers in Europe

Guide to VAT Compliance for Ecommerce Sellers in Europe

This article provides a detailed guide for cross-border e-commerce sellers on VAT payment in six European countries (UK, Germany, France, Italy, Spain, and Austria). It covers various methods, including bank transfers, third-party payment platforms, and tax accountants, to help sellers comply with regulations and efficiently complete tax declarations and payments, avoiding tax risks. This guide aims to streamline the VAT payment process and ensure sellers meet their European tax obligations effectively.

01/26/2026 Customs Knowledge
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Pingpong Freezes Seller Funds As Amazon Faces Scrutiny

Pingpong Freezes Seller Funds As Amazon Faces Scrutiny

Cross-border e-commerce sellers report that PingPong allegedly froze seller funds at Amazon's request, causing industry shock. This article delves into the event, exploring the power boundaries of payment platforms, revealing potential risks, and proposing response strategies. It calls on payment platforms to clarify their positioning and protect the rights and interests of sellers. The incident raises concerns about the security of cross-border transactions and the influence of large marketplaces on payment providers' decisions.

01/04/2026 International Settlement
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US Customs Duties Guide for Air Freight Parcels Released

US Customs Duties Guide for Air Freight Parcels Released

This article details three ways to handle US air freight parcels after being taxed: self-pickup and tax payment, entrusting the courier company for tax payment, and online tax payment. It also provides a case study of sports shoe duty calculation to help readers understand how duties are calculated. This information is intended to better prepare readers for potential tax issues encountered during cross-border shopping and make informed decisions when dealing with customs duties on imported goods.

01/08/2026 Customs Knowledge
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AI Transforms Freight Payments into Strategic Assets

AI Transforms Freight Payments into Strategic Assets

The freight payment landscape is transforming, with AI and human expertise converging to enhance audit accuracy, mitigate fraud risks, and optimize transportation spend. Deeper ERP integration, multi-modal capabilities, and event-driven digital payments are reshaping freight bill payment, turning it into a strategic, data-driven function. This evolution allows for better control, visibility, and ultimately, significant cost savings within the supply chain. The adoption of AI is enabling proactive rather than reactive approaches to freight payment management.

01/28/2026 Logistics Industry Insights
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Wechat Alipay Now Accept International Bank Cards

Wechat Alipay Now Accept International Bank Cards

WeChat Pay and Alipay have fully opened up overseas bank card binding services. Overseas users can now bind mainstream bank cards such as Visa and Mastercard to conveniently use mobile payment in various scenarios like dining, transportation, and shopping malls within China. This allows them to enjoy the same payment experience as domestic users, greatly improving the convenience of consumption for foreigners in China. This initiative aims to enhance the overall experience for international visitors and facilitate seamless transactions across different payment systems.

01/06/2026 International Settlement
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UK Tightens Rules on Late Payments to Aid Small Firms

UK Tightens Rules on Late Payments to Aid Small Firms

The UK has introduced new regulations to oversee corporate payment practices, aiming to address the long-standing issue of 'slow payments' and protect the rights of small and micro enterprises. The new rules require companies to disclose their payment records, enhancing transparency. Innovative technologies like blockchain are also transforming supply chain finance. However, the most fundamental solution remains corporate integrity in payment and the establishment of stable and reliable supply chain relationships. This initiative hopes to foster a healthier financial ecosystem for SMEs.

01/29/2026 Logistics Industry Insights
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Mastering The Import Customs Clearance Process 7 Key Points To Ensure Smooth Customs Clearance

Mastering The Import Customs Clearance Process 7 Key Points To Ensure Smooth Customs Clearance

This article explains the key steps in import customs clearance, including the processes and precautions for general trade and processing trade. It provides detailed information about payment methods, necessary documents, bill exchange, quality inspection, customs declaration, tariff payment, and release steps to assist businesses in successfully completing import procedures.

07/24/2025 Customs Knowledge
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Renminbis Global Payments Share Rises to 254 in May

Renminbis Global Payments Share Rises to 254 in May

According to the latest SWIFT report, the RMB's share of global payments reached 2.54% in May, ranking fifth. Payment value increased by 20.38% month-on-month, significantly exceeding the overall growth rate. The continued growth of the RMB's global payment share reflects the steady progress of RMB internationalization.

02/11/2026 International Settlement
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Photonpay Clearbank Partner to Transform UK Payments

Photonpay Clearbank Partner to Transform UK Payments

PhotonPay partners with ClearBank to enhance its payment capabilities in the UK market. By connecting to the UK's three major payment clearing networks, PhotonPay offers GBP collection, payee confirmation, and other features, improving transaction efficiency and security, and helping businesses expand in the UK. This collaboration also lays the foundation for PhotonPay's continued expansion in the European market. The partnership aims to streamline cross-border transactions and provide a more reliable and secure payment experience for businesses operating in or expanding into the UK.

01/29/2026 International Settlement
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