Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.

07/28/2025 Logistics Encyclopedia
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Risks and Rewards of Letters of Credit in Global Trade

Risks and Rewards of Letters of Credit in Global Trade

A Letter of Credit (L/C) is a crucial payment instrument in international trade, providing security through bank guarantees. Key features include its independence, the principle of documentary compliance, and its irrevocability. Businesses should prioritize reviewing L/C terms, ensuring document compliance, and strengthening risk management to mitigate potential fraud risks and ensure the safety of international trade transactions. Careful attention to detail and proactive risk mitigation are essential for successful L/C utilization.

09/26/2025 International Settlement
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Social Commerce Fails to Match Chinas Growth in Western Markets

Social Commerce Fails to Match Chinas Growth in Western Markets

Overseas social commerce faces challenges like payment security, logistics efficiency, product information presentation, and cultural and user mindset differences. Instead of simply replicating domestic models, focusing on private domain traffic platforms like WhatsApp and Discord is crucial. Refined operations and innovation are key to success in the overseas market. Understanding local nuances and tailoring strategies accordingly, rather than a one-size-fits-all approach, will maximize engagement and drive conversions within these private communities.

01/05/2026 Logistics Industry Insights
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Petal Engine Boosts Crossborder Ecommerce with Onestop Solution

Petal Engine Boosts Crossborder Ecommerce with Onestop Solution

Huawei launched the Petal Engine Independent Website Solution to empower Chinese brands going global. Based on Huawei's years of cross-border e-commerce experience and cloud technology, this solution provides a one-stop service covering website building, product management, order management, cross-border payment, and logistics tracking. It also offers abundant traffic sources and security guarantees, helping sellers quickly establish websites, cover global markets, share Huawei's digital capabilities, and jointly build a new overseas ecosystem.

12/30/2025 Logistics Industry Insights
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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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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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Paypal Enhances Security with Phone Verification

Paypal Enhances Security with Phone Verification

This article delves into PayPal's phone number verification mechanism, clarifying the difference between adding and verifying a phone number. It analyzes the characteristics and risks associated with unverified and verified numbers, and provides methods for determining verification status. Furthermore, it offers account security recommendations. Understanding these mechanisms empowers users to better protect their PayPal accounts and enjoy a secure and convenient payment experience. This knowledge is crucial for mitigating potential risks and ensuring the integrity of online transactions.

01/07/2026 International Settlement
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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.

01/23/2026 International Settlement
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