2 thoughts on “What does cross -border supply and cross -border payment in international trade mean?”
Joe
Cross -border payment receipt process can be understood through the following two categories: 1. Fund exits: Is involved 4 objects, which are buyers, third -party payment companies, banks, sellers, and buyers use RMB Payment, the flow of funds to a third -party payment company with financial licenses, the company uses funds to purchase foreign exchange for the cooperative bank, and then pays the overseas sellers to complete the payment process.
2. Fund entry: The same involves 4 objects, and the flow of funds has changed. Overseas funds have changed from banks to renminbi to settle in domestic sellers.
The specific shopping process is as follows:
① Log in to overseas online shopping platforms and purchase goods (domestic consumers log in to overseas websites to determine the goods or services to be purchased and place orders). ② Commodity information (overseas e -commerce sends consumer orders, that is, product messages to third -party payment). ③ Get the certification letter (third -party payment in obtaining domestic consumer certification information). ④ Enter the certification information, select the RMB payment method, and confirm the payment (domestic consumers enter information and select the payment method). ⑤ Pay information (third -party payment sends payment information to the custody bank). ⑥ Credit payment information (receiving foreign exchange purchase information from the custody bank). ⑦The foreign exchange payment information (foreign e -commerce companies received third -party payment remittance information). ⑧ Send goods (send products and related services to consumers).
Cross -border supply is an export trade between the country. For trade parties, it is external export trade Cross -border payment: In June 2011, China UnionPay based on extending global UnionPay network and advanced "UnionPay online payment" platform. Wing payment business. The characteristic: If the UnionPay Internet cross -border payment business comprehensively integrates the three parties of China UnionPay, domestic card issuance banks and mainstream bank card receivable service agencies. The significant characteristics such as unified norms are deeply trusted by the majority of UnionPay card holders. Through cooperation with PayPal, Japan Mitsui Sumitomo, Hong Kong East Asian Bank and other mainstream acquisition institutions, the coverage of overseas online merchants with UnionPay cards starting at 62 will become wider and more and more.
Cross -border payment receipt process can be understood through the following two categories:
1. Fund exits:
Is involved 4 objects, which are buyers, third -party payment companies, banks, sellers, and buyers use RMB Payment, the flow of funds to a third -party payment company with financial licenses, the company uses funds to purchase foreign exchange for the cooperative bank, and then pays the overseas sellers to complete the payment process.
2. Fund entry:
The same involves 4 objects, and the flow of funds has changed. Overseas funds have changed from banks to renminbi to settle in domestic sellers.
The specific shopping process is as follows:
① Log in to overseas online shopping platforms and purchase goods (domestic consumers log in to overseas websites to determine the goods or services to be purchased and place orders).
② Commodity information (overseas e -commerce sends consumer orders, that is, product messages to third -party payment).
③ Get the certification letter (third -party payment in obtaining domestic consumer certification information).
④ Enter the certification information, select the RMB payment method, and confirm the payment (domestic consumers enter information and select the payment method).
⑤ Pay information (third -party payment sends payment information to the custody bank).
⑥ Credit payment information (receiving foreign exchange purchase information from the custody bank).
⑦The foreign exchange payment information (foreign e -commerce companies received third -party payment remittance information).
⑧ Send goods (send products and related services to consumers).
Cross -border supply
is an export trade between the country. For trade parties, it is external export trade
Cross -border payment:
In June 2011, China UnionPay based on extending global UnionPay network and advanced "UnionPay online payment" platform. Wing payment business.
The characteristic:
If the UnionPay Internet cross -border payment business comprehensively integrates the three parties of China UnionPay, domestic card issuance banks and mainstream bank card receivable service agencies. The significant characteristics such as unified norms are deeply trusted by the majority of UnionPay card holders. Through cooperation with PayPal, Japan Mitsui Sumitomo, Hong Kong East Asian Bank and other mainstream acquisition institutions, the coverage of overseas online merchants with UnionPay cards starting at 62 will become wider and more and more.