What is the normal payment period for cross-border e-commerce? How long does it take to get paid?

What is the normal payment period for cross-border e-commerce? How long does it take to get paid?

With the progress of global economic integration, more and more companies choose to conduct international trade through cross-border e-commerce. However, a common problem in cross-border e-commerce transactions is the determination of the payment period. So, for cross-border e-commerce, what is the normal payment period? This article will discuss it from several aspects.

1. What is the normal payment period for cross-border e-commerce?

Cross-border e-commerce platforms: Different cross-border e-commerce platforms may have different payment terms. Generally speaking, the payment terms of large platforms are relatively short, usually between 15 and 30 days. However, the payment terms of some small or emerging platforms may be longer, even exceeding 60 days.

Payment method: Different payment methods will also affect the payment period of cross-border e-commerce. For example, the payment period of credit card payment is generally shorter, usually around 15 days, while the payment period of bank transfer or other offline payment methods may be longer.

2. How long does it take to get the money back?

The payment time of cross-border e-commerce depends on many factors, such as payment method, platform policy, logistics time, etc. The following are some common payment times of cross-border e-commerce:

Credit card payment: Generally, the payment can be received within 15 days. The specific time depends on the buyer's credit card issuing bank and payment channel.

Bank transfer: Generally, the money can be returned within 30 days. The specific time depends on the buyer's bank and transfer method.

Third-party payment: Generally, the payment can be returned within 7 to 15 days, and the specific time depends on the third-party payment platform and payment method.

Platform settlement: Generally, the payment can be received within 15 to 30 days. The specific time depends on the platform's settlement policy and the seller's sales situation.

It should be noted that the above payment time is for reference only, and the actual payment time may be affected by many factors. Sellers should understand the relevant regulations of the platform and payment methods before selling goods in order to make good financial planning and management.

It is very important to determine the length of the cross-border e-commerce payment period through negotiation between the two parties and the specific situation. At the same time, the seller also needs to take corresponding measures to ensure the timeliness of the payment. There is no fixed standard for the normal length of the cross-border e-commerce payment period, but it is determined according to the actual situation and the needs of both parties. When determining the payment period, both parties should fully consider factors such as the order amount, the buyer's credibility, cultural differences, etc., and conduct reasonable negotiation and communication.

Recommended reading:

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