Besides, you also dont need an intermediary to handle the payment. Moreover, check their feedback and ratings to decide whether to enter into a business deal with them. The main difference is that you can set those conditions. Being supported by Alibaba trade assurance does not assure 100% control of scammers and frauds. PS Did you know that you can pay with Paypal on Aliexpress?Aliexpress Paypal In which Countries Does AliExpress accept PayPal 2021 Update, Download our free product research template, Check your email, your product research template should be there within a few minutes. But, its not a system widely used in Alibaba payments. Dear Sirs, We tried to buy something from India. Dont risk your money. Upload a picture ID with my address. The whole thing may take up to 2hrs to update. It is only available for US citizens and doesnt allow other currencies. Their sole purpose is to improve website functions. No fees for using the service. They can always cancel the order and claim the money back. Content on our website, is not intended to provide personal tax or financial advice. 3. Cheapest and Safest Way to Pay on Alibaba in 2021, The ULTIMATE TransferWise Review | How Does it Work | TransferWise vs PayPal vs Revolut, How to Start an Amazon FBA Business 6 Step Guide, Aliexpress Paypal In which Countries Does AliExpress accept PayPal 2021 Update, A Step-by-Step Guide to Cancelling Your Amazon Professional Seller Account, ULTIMATE Review, Helium 10 Chrome Extension and Partnership With Alibaba 2023 Update, Amazing Potential of Amazon Assistant for Maximum Efficiency in 2023. Send Initial Payment You can sign into "My AlibabaOrders" to find the order you want to make a payment for: 2. Checking samples not only save you from a scam but also from receiving poor-quality products. Also, I asked the supplier to let us place the order online ourselves (so we can design the contract incl product requirements). is that right? Quality control, lab testing & shipping. It is much suitable for small businesses. I have done that before but only when the initial order went through without problems. No refunds are applicable here. You can then pay the supplier directly, using your credit card, to ensure that they get started making your product samples fast. As the Pay later is for US citizens, the online transfer is for Europe-based individuals. Because we respect your right to privacy, this tool helps you understand what information is collected, and choose not to allow some types of cookies. When I ask them to send me invoice on Alibaba, they say paypal is more convenient for them. This includes Alibaba Trade Assurance. In short, Alibabas secure payment system allows buyers to make a deposit payment, that is only unlocked to the supplier after the goods are confirmed by the buyer. Traditionally considered a riskier and cheaper way to pay on Alibaba suppliers however, if used in conjunction with Trade Assurance, the funds will be sent to an intermediator bank account owned by Alibaba, not the manufacturers unrecognizable and anxiety enducing Chinese address. Alibaba.com provides a wide range of payment solutions for international buyers. Any help on these things would be fantastic, thanks! To me that sounded a bit shady. Thus, you will have to explain this method to them to gain trust. The products come in all ranges and quantities to cater to different needs. You may need an active email address to register. Looking for a manufacturer in China, Vietnam, India or Thailand? Credit Card is not accepted and T/T directly to the seller seems to be the only option. Imagine if you had to pay the contractor who built your house a monthly fee so the light switches would work! Our team can verify their business license, test reports, and company certificates to assess their status and risk level. My supplier doesnt have a One Touch account, so it provides me with 3 different payment links via Trade Assurance. Thanks for the tutorial. Some links on this website are affiliate links! The goods are damaged and/or not as specified on the product page. You can ask questions during the presentation! This payment method is best when ordering samples of products. 50% upfront and 50% after delivery), how the payments will be made . That said, doubt they would return a payment simply because a comma is missing. I dont think Alibaba has commented publically on this. Top 8 Alibaba Payment Methods You Can Use to Pay on Alibaba - Fulfillbot Top 8 Alibaba Payment Methods You Can Use to Pay on Alibaba Buy from china Fulfillbot February 6, 2023 alibaba, Alibaba Payment Method, china buy Table of Contents Alibaba is an online shopping platform based in China. Please could you help. The very best way to pay a supplier is through a letter of credit since your bank and the supplier bank stands in as an intermediary. The buyer can pay the remaining amount in 60-days. None of the parties is safe with this system. However, the Wire Transfer option is not activated for the seller, so we have to T/T the seller directly. The supplier told me that they will prepare the payment link via Alibaba, but they except only dollars and no euros. However, PayPal payment option cant be used in conjunction with Trade Assurance and has a higher transaction fee, bummer. Of course, it is safe to pay on the Alibaba platform. Hey guys - I'm looking for advise about how best to pay an Alibaba seller. Does anybody have an idea? Yes, refunds are applicable for a defective product in Alibaba. Very few buyers know about this method. Our Company uses these cookies to collect information about your visit to our website, the content you viewed, the links you followed and information about your browser, device, and your IP address. What truly matters is that you get the products quality checked before the final balance payment. Should there be any mishap, you are guaranteed help solving your case. We are a team of entrepreneurs passionate in marketing and running online businesses. Seller claims that they dont use Alibaba for payments due to fees. a. We are trying to import machines from China through AliBaba. No refunds. Orders via Trade Assurance above 5000 USD have to go via One Touch. This means that when you visit another website, you may be shown advertising based on your browsing patterns on our website. For transfers done from USD accounts there are no currency exchange fees, only international bank transfer fees. Going through the feedback gives you an insight into how the supplier works, their product quality, communication, etc. The Table above explains everything you need to know about payment methods and Alibaba trade assurance fees. Payment processing fee for payments via: Credit card - the processing fee is 2.95% of the transaction's total amount, which is automatically deducted from the payment. Its good that you ask the suppliers questions before engaging in any negotiations. A mix of first-party and third-party cookies are used. Payments done via Western Union are also eligible for Trade Assurance cover. : r/Entrepreneur r/Entrepreneur 7 yr. ago Posted by jmerlinb Most realistic Alibaba payment method? is this a valid transaction ? The application process is simple, quick, and done completely online. They also insist I have to pay US sales tax to them as US customer. With Alibaba trade assurance, they try as much as possible to curb scams. Thus, clear out your doubts by communicating with the suppliers before investing your cash. I would not mind the 5% extra but the US sales tax makes me question the manufacturer. Hi everyone, As said, Alibaba.com acts as the matchmaker, while the conversion between buyer and seller is taken off-page at an early stage including payments. Our mission is to help you choose the best business solutions and tools. Thus, it may not be an option for importers of custom-designed (OEM) or private label (ODM) products. . While other platforms have e-services, western union requires users to visit their branch. The Alibaba secure payment allows payments via credit card and debit cards, issued by Visa and MasterCard. He has been quoted in and contributed to Bloomberg, SCMP, Alibaba Insights, Globalsources.com, China Chief Executive, Quartz Magazine and more. Order small at first and gradually increase your order size. Western union is the slowest payment method among other types. An online transfer allows you to make payments in domestic currencies. 4. Applying never impacts their credit score. None of this information can be used to identify you. This info includes; So, your trade role is either buyer or both if you plan on selling on Alibaba in the future. This method is only applicable within China. But there are no options to assure us. Email address Create your store Build your dream business for $1/month The high charges during the transfers scare most Chinese vendors. You will find different payment methods are supported. A product claim can only be filed based on the supplier shipping a product that is not matching the listed specifications (or if its clearly damaged or defective). Always read the product description carefully before placing an order. Im asking for at least an initial contact through alibaba. T/T: receive the refund within 7 working days. Could you tell me the steps to take to order and pay on Alibaba please. Low transaction fees (US $15 per transaction) . This Alibaba payment terms option is designed for the online B2B or Business-to-Business and B2C or Business-to-Consumer trade. Larger orders are often negotiated and processed outside of the platform. A refund cannot be based on general expectations or a vague idea of good quality. Finally, manufacturers use internet connectivity to monitor and control what you do. The criteria used to filter include; If you still cant find the right product, you can request a quotation. Hello Sir, I currently in the process to purchase some goods through Alibaba, (First Time). With a quote, you have potential suppliers reach out to you. In the end, you must pay all transaction fees either directly or indirectly. Cheap and safe complete payment solution, with a minimum service fee. Add-ons are optional services not included in the Asia Import Platform. I am in the final stages of purchasing lithium cells from EVE Energy I contacted them direct on Alibaba. The remaining 70% should only be paid after quality inspection and lab test. Change the billing method of an ECS instance from pay-as-you-go to subscription; Cloud disks: You can freely change the billing method of data disks that are attached to subscription instances. Here are some of the countries supported by Alibaba Online Transfer: Alibaba.coms Payment Terms service allows importers in the US to order products with a small deposit upfront (typically 30% of order value), then pay off the balance (typically 70%) up to 60 days later. When using Alibaba.com . I have also confirmed the beneficiary name matches the company name so it looks legitimate but I am very wary given the bad press I have read about Alibaba scams. After that, the buyer can pay the remaining amount within 60 days. It has a Goods and Services feature which offers security to the buyer and the seller. Alibaba trade assurance is the safest and most secure way to make payments on Alibaba. You need to book and pay for the quality inspection yourself when using the Trade Assurance (which I think you are referring to). The truth is that the buyer is not always right, and unless the product quality, design or functions conflicts with the description it is not fair to demand a refund. When youre satisfied with the responses, you can proceed further with discussions. This article is angled towards the Amazon FBA and eCommerce audience looking to pay on Alibaba however, TransferWise can be used for anything and everything, international or not. Alibaba acts as a third party holding the funds until the deal is over. Buyers can have confidence that they will receive their order on time and in good quality and shape. I have a query, when I buy through alibaba I did it by bank transfer, then when the money reached my supplier, they reduced it $ 40, and investigated and I think that is the fee that alibaba charges the supplier for the transaction, now the supplier is charging me $ 40, do I have to pay that additional $ 40 ??? he says, since hesnt member w/Alibaba, he cant receive payment. Alibaba.com charges a 2.95% fee when making credit card transactions, and other fees are possible when using other payment methods such as TT or ACH. Found a supplier online but not sure if they are legit? They use a novel concept that Id encourage you to read about on their website to enable their cheaper pricing. Its extremely risky and makes it far more likely that you will end up with quality and compliance issues. In any case, we have seen a huge increase in the number of customers using Alibabas payment solutions in recent years and dont expect this trend to stop. Hi, I want to make a purchase on Alibaba and the supplier is in Vietnam but the supplier told me that Alibaba.com does not support payments for accounts outside China. Alibaba Payment Terms. Our Company uses these cookies so that we recognize you on our website and remember your previously selected preferences. The products are imported and cleared through customs. Related:How to Start an Amazon FBA Business 6 Step Guide. Here are the topmost preferred payment options. They gave me price and DHL shipping quote. You can fill in the card details. In this method, things work as per the mutual understanding of both parties. Ive made around 70 orders using Alibaba Trade Assurance and have never run into a problem, Im not saying that it cant happen though. Why are they saying that the max TT contract value is $5000 is this right? While Alibaba.com started out as a supplier directory, it is, through Alipay, one of Chinas largest finance companies. We can help you identify relevant manufacturers in China and Vietnam based on product scope, test reports, ISO 9001, ISO 14001, BSCI and other factors. Thats because you have to go to their branch offices and fill out some forms. Most realistic Alibaba payment method? The payment is processed within 2-3 days. If they had to issue refunds every time a buyer claimed to not be satisfied with the quality standard and without the need to return the goods the sellers would be exposed to systematic fraud and be bankrupted within a matter of weeks. Zip: 76. My bank said do not do that as it could be fraudulent. It can expose the buyer to fraud. For Suppliers, Secure Payment verifies the payment details for every transaction and you are only required to ship the order after your confirmation of payment receipt by Alibaba Singapore City Bank. 3 Confirm Order online Confirm your order in your Order List page or Order Details page. Is their trade assurance amount limited to 5 k? Hi, we are in the final stage (we negotiated shipment, unit price) of placing an order trough trade assurance. Additionally, the funds update instantly on the sellers profile. No, its not. When I contacted Alibaba customer support in their chat portal, the rep said the reason was that my Visa card was not verified and that I needed to 1. So, choose a reliable supplier. It is one of the easiest and fastest ways to pay on Alibaba. The money gets deposited as soon as the buyer approves it. Have you heard of this as a requirement? After you add a payment method, you can manage it by choosing Billing Management > Payment Methods in the Alibaba Cloud Management Console. Keep in mind that there is no such thing as a universal or technical definition of good quality. For more information on our data policies, please read our. However, additional proof may be required to support the buyers position. Please I am looking for more information. Hence, the beneficiary should always match the company name specified in the suppliers Alibaba page. Is there anyway i can make payments through alipay on secure payments on alibaba?the bank card details is not really comfortable. Service fee on seller: after payment received, Alibaba.com might charge some service fee on seller, not on buyer. Negotiate the prices, then have your items shipped to your country. I asked to pay through paypal and the customer service rep sent me a link that came up in Chinese that I am unable to read. Wire transfer, also known as TT, is another way to pay for goods purchased on Alibaba.