What Is The Best Way To Pay On 1688.Com Using My Alipay Business Account
The Best Way to Pay on 1688.com - How to use AliPay Business Account
Knowing that it is extremely difficult to pay directly to suppliers on 1688.com as a foreigner, I have been researching online for methods that foreigners can use to pay directly to suppliers on 1688.com on a regular basis. A few months ago, I learned about a new payment solution for international businesses, which was launched by 1688 and Alipay. It is referred to as the 1688 kjb solution(/kuajingbao), which is Chinese for "cross-border payment solution," as the name implies. This solution will be introduced in this article, which will be based on my personal experience as well as official information I found online.
1. What is the 1688 KJB Payment Solution and how does it work?
1688 KJB solution is a cross-border payment solution officially provided by 1688 and Alipay. It is available in English and Chinese.This solution enables businesses registered in specific countries to make purchases on 1688.com directly through their own 1688 and Alipay business accounts. The following are some of the most notable aspects of this solution: The safety of your 1688 and Alipay business accounts is ensured by us. No matter whether you are currently topping up your Alipay account through a third-party top-up provider or using the Alipay tour pass, this is not an officially approved solution for foreigners. As a result, neither the 1688 nor Alipay can guarantee the security of your account or your funds.However, because the KJB is the official payment solution for foreign companies only, the security of your account will not be a concern; you will not have to worry about your Alipay or 1688 account being frozen or that you will not be able to log into your account any longer. Payments in large quantities are encouraged. The single-day transaction limit for the KJB solution is 100 million USD, and the single transaction limit is ten million dollars (USD). This is significantly more than what a third-party top-up or an Alipay tour pass can provide you with.
Purchase costs are being reduced.
They only charge a very small purchase transaction fee, which is significantly less than the commission you would otherwise pay to an agent. In the meantime, they provide a better exchange rate than the bank's current exchange rate. These will significantly reduce your overall purchasing expenses. Lower purchasing costs translate into higher profits. That's why we don't mind the inconvenience of having to purchase products from a website that is entirely in Chinese, don't you think?
2. What is the 1688 KJB Solution and how does it work
The 1688 KJB payment solution has five steps that must be completed in order to be used: Activate and verify your 1688 account information. Create an Alipay business account and verify it with your bank. Create a link between your Alipay business account and your 1688 account to activate the KJB solution. Increase the amount of money in your Alipay business account (Multiple currencies supported) When making a payment on 1688.com, select the KJB option. In the following section, I'll go over each step in greater detail. To complete the entire KJB solution setup process, you only need to complete the steps listed above.
3. 1688.Com Username and Password
The first requirement is that you must have a 1688 buyer account that is qualified. Using the 1688 kjb solution requires that your 1688 account meets the following two requirements: It must be a 1688 account that has been verified. It must be linked to an Alipay personal account that has been verified. Given that Alipay has improved its verification process, meeting the aforementioned requirements as a foreigner is no longer a difficult task. In another article, I discussed how to register and verify your 1688 account, as well as how to link your 1688 account to your Alipay account. You can read it by going to this link. If you follow the steps outlined in that article, you should be able to complete it in less than 10 minutes or less.
4. Alipay Business Account (optional).
The Alipay business account is at the heart of the entire solution, and there are numerous details that you must be aware of. As a result, I've written another article in which I attempt to explain Alipay business account in as much detail as possible. You can learn about Alipay business account registration, verification, linking to 1688, top-up, and other related topics in that article.
5. Making use of the KJB Payment Solution () on 1688.Com
Use of the Alipay business account is very simple once you have completed the necessary steps on the Alipay business account website. I'll give you a quick overview of what I'm talking about: First, we'll take a look at what to do. To proceed to the checkout page, click on "Order Now()" to the right.
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