Cross-Border E-Commerce Fund Flow

Understand the complete cross-border e-commerce fund flow process from customer payment to final arrival at domestic accounts.

Complete Fund Flow Process

1 Customer Order Payment - Customer selects products and completes payment on the store

2 Payment Gateway Processing - Gateway verifies and processes transaction, returns result

3 Platform Collection - Funds enter Shopify account, usually with a holding period

4 Withdraw to Settlement Platform - Withdraw funds to third-party payment platform

5 Settlement to Domestic - Complete currency exchange, transfer to domestic bank account

Key Fund Flow Time Points

Fund Holding Period

Shopify Payments: New accounts typically have 3-21 day hold
PayPal: New accounts may have 14-21 day hold
Influencing Factors: Sales volume, history, industry risk level

Withdrawal Arrival Time

WorldFirst: 1-3 business days
Airwallex: 1-2 business days
Payoneer: 2-5 business days
Wise: 1-4 business days

Payment Method Configuration

Configure official payment channels to provide customers with trusted, high-conversion payment options.

Shop Pay

Shopify's official payment method for faster checkout and higher conversion

PayPal Business Account

Globally accepted payment tool that builds customer trust

Application and Configuration Notes

Business Qualification - Must apply using the registered business license
Website Requirement - Need to provide an operational brand website URL
Bank Account - Shop Pay and PayPal require connection to enterprise bank accounts
Alternative - Can also use virtual bank accounts provided by settlement platforms

      Credit Card Payment Configuration Points
      Supported Card Types: Visa, MasterCard, American Express, JCB
Currency Settings: Multi-currency settlement to avoid exchange rate losses
Security Verification: Configure 3D Secure verification for enhanced security
Settlement Cycle: Understand settlement cycles and fees for different channels

    

Third-Party Payment and Settlement Platforms

Choose appropriate payment and settlement platforms to ensure safe and fast fund arrival at domestic accounts.

万里汇 (WorldFirst)

Under Ant Group, focused on SME cross-border payment

Multi-currency Domestic withdrawal Transparent fees

空中云汇 (Airwallex)

Sequoia Capital investment, global payment and exchange services

Competitive rates Multi-platform Fast arrival

Payoneer

Nasdaq listed company, widely used on Amazon, eBay and other platforms

USD/EUR/GBP Easy management Global recognition

PingPong

Well-known domestic cross-border payment service, B2B focused

Low fees Fast withdrawal Popular with Chinese sellers

Wise

London listed company, individuals can also apply

Western common Transparent fees Individual friendly

Settlement Platform Selection Guide

New Sellers Recommendation

WorldFirst: Simple operation, clear fees, good support
PingPong: Good reputation among domestic sellers, fast withdrawal
Suitable for: Beginners just starting with low monthly volume

Large Sellers Recommendation

Airwallex: Competitive rates for large volumes
Payoneer: Essential for multi-platform operations
Suitable for: Multi-platform sellers with large volumes

Payment Gateway Setup