For individuals who are seeking to procure goods from Chinese wholesalers, it is imperative to understand that financial transactions conducted on sites maintained by the wholesalers are the most common subject of contention and often a breeding ground for many online scams that have been associated with the China wholesale trade in the recent past. For the uninitiated, it is crucial to understand that many of the wholesale vendors ask for charges that are beyond the realm of the listed price and the shipping charges. These charges are often demanded indicating reasons such as shipping distances and custom clearance hazards.
However, those planning to buy wholesale products from Chinese wholesaler at cheap prices should be prudent enough to investigate the nature of these extra charges. Shoppers of Chinese goods should understand the kind of costs that are often referred to as additional charges. Usually, such costs refer to charges that have been incurred as a result of transfer charges that have been charged by a bank when making payments through a banking account transfer, refundable charges that have been incurred in the form of PayPal registration/’getting-started’ charges or any of the national import surcharges or duties that are imposed across international custom clearances.
Making Online Payments More Transparent:
Most of the reputed China wholesale traders with an international presence like B2CStock stress upon using globally-preferred payment modes such as PayPal. In fact, B2CStock even has a platform wherein customers who have not previously used PayPal are directed towards the PayPal registration site to ease the entire process. Again, such honest Chinese wholesalers do not encourage payments made through Western Union for first-time customers. Instead, they endorse more reliable and secure means of securing payments from customers such as Google CheckOut or PayPal. Yes, once a customer has conducted one or two transactions, then Western Union transfers too are allowed. In fact, B2CStock has an unparalleled offer for customers who are returning to the site and want to make payments via Western Union. This is in the form of an unbelievable discount of nearly 7 per cent. Again, a similar security-focused strategy is followed when customers what to make the payments by using their credit cards. Online frauds involving credit card misuse is on the rise and in order to address such issues, reliable vendors like B2CStock have created a policy wherein credit card payments are accepted only if they are made through the PayPal route. The reason lies in PayPals easy-to-conduct but comprehensive registration process which ensures that no such frauds can take place, which only adds to the customers transactional safety.
Dropshipping-related Payment Issues:
A common problem in the dropship business of Chinese wholesale goods is that of dropshippers hiding the extra costs that are incurred in the form of VAT or sales tax. However, the fact remains that the concept of sharing this information with the customer before actually shipping the merchandise should be stressed upon by the actual provider of goods, i.e. the wholesaler. Renowned stock products providers like B2CStock insist that their dropshippers legally abide by the international tax regulations that are implemented internationally and also duly inform the customers about the taxes that would be applicable for shipping goods to a defined destination.
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