It's just that the current policy makes it difficult for sellers. On the surface, the EU's new policy seems to have ended the low-price advantage of Chinese cross-border e-commerce sellers, and it may be painful. In fact, the new policy regulates the market and creates a better competitive environment for cross-border e-commerce sellers and domestic merchants.Yes, it's that simple, 10 minutes is enough. Just log on to e-resident official Estonian e-citizenship website.In 2019, the popularity of the Shopify drove the rapid development of the independent station industry. Many Chinese independent website sellers complete independent website customer credit card collection through PayPal and Stripe.
However, withdrawing funds to the country is not smooth due to the impact of thresholds and domestic regulatory policies. In order to solve the problem of returning funds to the country after mobile number list the credit card collection, sellers have tried various methods. Some registered a US company and applied for a US federal tax ID number to apply for Stripe; some opened a Hong Kong bank account , but the cost continued to remain high. Although Payoneer is not a direct collection method for cross-border e-commerce independent stations, and cannot directly provide credit card collection services to independent stations.
Payoneer can complete PayPal cash withdrawals without the domestic foreign exchange limit of 50,000 US dollars and transfer RMB to domestic banks account. Payoneer can also issue a Hong Kong bank account number of DBS Bank Hong Kong for free to users to apply for a Stripe Hong Kong account number. As mentioned earlier, Payoneer plays a special role in the collection of independent stations. It cannot directly collect credit card payments on independent stations, but it can solve the problems of handling payment collection tools and transferring funds to China after receiving them. Here we need to separate PayPal and Stripe. Withdraw PayPal to Payoneer PayPal is the most widely used payment method for cross-border e-commerce sellers, and it is also one of the most troublesome payment collection tools for Chinese cross-border e-commerce sellers.