How do cross-border payment sellers choose a third-party payment platform?

Ellen 2022-02-25

How do cross-border payment sellers choose a third-party payment platform?

E-commerce is also in a very hot stage. The two major e-commerce platforms in the Middle East, Noon and Amazon, have a large number of Chinese sellers, and whether their collection platforms will work for them is not under discussion.

At present, independent sites are very active, and best third party payment processors is estimated that there will be an explosion in the future. Recently, many people have come to us to ask for cooperation. Recently, DAFZA has also launched a special e-commerce free zone, which also shows the growth trend of e-commerce.

The localization of games is not so high, more manufacturers still focus on economic globalization and do not do specialized localization for the Middle East, which is also determined by the nature of the company's business work, game activities do not have such high localization requirements as e-commerce and entertainment.

For platform sellers, e-commerce platforms such as Amazon and Noon solve the problem of local bill collection, and the need for platform sellers is to recover funds from domestic accounts through qualified third-party payment institutions.

For cross-border sellers, cross-border payments are directly related to the seller's own business development. Sellers need to assess their own stage of development and what they are most concerned about.

For large sellers with plenty of capital, they are concerned about the safety of the funds and whether they meet the accounts; for small sellers in their lives, they are more concerned about whether the funds can be credited within the agreed time frame;

For small and medium-sized sellers still in development, the ability to do everything possible to reduce transaction and operating costs, in addition to low interest rates, is more attractive. After all, it is also important that financial systems and business staff can reduce costs and facilitate operations.