After all, I can definitely be regarded as an old customer of these two payment companies. I registered for the first time in 2007 with paypal, and it has been 12 years since today. As for payoneer , it seems that it has been nearly 10 years, and 4-5 payoneer mastercard physical cards have been replaced after expiration. Of course, in the past 10 years, all walks of life have undergone earth-shaking changes, ebey has fallen, and amazon has reached the top. Payoneer has also shifted from the main online earning alliance business to the cross-border e-commerce payment collection business, becoming a leader in the industry.
Paypal was forced to shut down the rmb business due to the license access system, and then regained the rmb license; from becoming a subsidiary of ebay to becoming Vietnam phone number list independent, it exceeded the company ebay by 4 times. Speaking of which, paypal and payoneer are both veritable american companies, but one thing has to be admitted that most of the capital flow of china's cross-border e-commerce industry eventually enters these two companies, especially paypal, which is very important to many for cross-border e-commerce sellers, there is no choice.
Of course, in recent years, many cross-border collection companies have emerged in china, and they have made great efforts in rate and marketing. At least there are some weak foundations, and negative news breaks out every now and then, which makes people panic. Therefore, even though paypal and payoneer’s fees are much higher than many domestic collection companies and have been criticized, it is undeniable that most cross-border sellers still choose them first, or they have no choice, or there is no better one. Choice is nothing more than scolding and using, complaining. It took a little time to make a schematic diagram of the flow of funds in the cross-border e-commerce industry with mindnode. These intricate arrows may help sellers understand the real funds of china's cross-border e-commerce industry. How to choose cross-border payment tools , will also provide some guidance.