Tips for Optimizing the Payment Collection Process in Independent E-commerce Websites

Challenges in Independent Station E-commerce Payment Collection Process

One of the most difficult aspects of independent station e-commerce, widely considered a difficult barrier to break through by many sellers, is the payment collection process of independent stations. How to improve the customer's payment success rate after placing an order and making a payment in a foreign store, as well as how to reasonably and compliantly convert currency into domestic currency, are the dilemmas faced by many sellers.

Selection of High-Quality Payment Collection Systems

Many experienced independent station sellers know that most of the high-quality payment collection systems on the market do not require any account opening fees and avoid cumbersome additional fees. Payment collection systems such as Payoneer, Airwallex, Stripe, and others do not have account opening fees, annual fees, and do not need to worry about opaque fees such as refund handling fees. However, due to the superiority of these systems, the threshold is also relatively high to prevent merchants lacking experience, insufficient sales volume, lack of integrity, and poor quality.

Threshold Requirements Examples

All payment collection systems have clear threshold requirements, which many new merchants often find difficult to meet. For example:

1. Traffic sources of independent station orders: such as supporting only paid traffic from Facebook, Tiktok, and others.

2. Independent station store domain name: The domain name must be consistent with the real-name information and be used for at least 1 year.

3. Independent station store email: Must be a corporate email with the domain suffix, not a free email account.

4. Return and exchange policy and transportation policy: The policy must be true and effective, consistent with the account information, and copying and pasting of content is prohibited.

5. Store payment method icons: Display real payment methods to avoid false statements.

6. Independent station store social media: Payment icons should be clickable, and the content should be consistent to avoid invalid clicks.

7. Independent station store subject: If submitting an overseas subject, it must be the same name as the domestic subject.

By strictly adhering to the threshold requirements of high-quality acquirers, sellers can improve the efficiency of the payment link of independent stations, ensure the success rate of payments, and build a good reputation for e-commerce.

Paypal payment order transaction records

Recently, independent station stores need to pay attention to using Paypal payment method in the order transaction records, and need to export the authentic transaction records from Paypal. However, if the transaction amount is below $50,000, it may not meet the sales threshold of certain high-quality acquirer systems.

Issues with domestic acquirer systems

Due to the high threshold, many domestic acquiring systems have successively lowered the threshold and charged account opening fees and annual fees, leading to market chaos. When using domestic acquiring systems, one needs to be careful to avoid traps, understand the details, and learn how to avoid risks.

The core threshold of independent e-commerce sites

Traffic and acquiring are the two major core thresholds of independent e-commerce sites. If one can solve one of them, one can achieve a comfortable life. The traffic threshold requires a large amount of advertising investment and data analysis optimization, especially patience and community communication learning on Facebook ads.

Choosing to work for independent e-commerce companies

Many independent site merchants choose to work for independent e-commerce companies to learn advertising placement and improve ROI through employment. This method not only saves costs, but also accumulates contacts and skills, laying the foundation for future entrepreneurship.

Opportunities for sales positions

Even without investment experience, choosing to work as a salesperson in an independent e-commerce company is also a good choice. Although the threshold is low, the commission rate is high and permanent. Through hard work, one can obtain stable and continuous commission income.

Summary

The independent station e-commerce industry presents opportunities and challenges, the key lies in personal choices and methods. Whether facing traffic issues or payment collection difficulties, as long as you have determination and effort, you can always find solutions and move towards success.