It seems that only paypal and stripe have become effective options for independent self-built websites. I have written two articles, " talking about the cross-border collection tool in the eyes of chinese cross-border e-commerce sellers-paypal " and " opening stripe collection through hong kong bank or us bank account ", which described paypal and stripe in detail. S story. Because stripe is not open to mainland china, for chinese sellers, l. But even if paypal is used to collect payments for self-built websites, there are many difficulties and troubles. Listen to me slowly. Take shopify binding paypal as an example.
To meet the normal collection requirements, you must upgrade your paypal personal account to an enterprise version of the business account, and to upgrade to an enterprise business mobile number list account, you will be required to submit information such as the business license and the id card of the legal representative. The premise of a paypal business account is the identity of the company, so if you open a store to collect money as an individual seller, this way will not work. And when these are submitted, your paypal account can no longer be downgraded back to the original personal account.
This also means that the balance in the paypal account, including the funds received by the personal version of paypal before, cannot be withdrawn to the personal account, but can only be withdrawn to the company's corporate account. Paypal but wait, that's not all. Withdrawing cash from a paypal business account to a corporate account in a domestic bank is usually recorded in us dollars, which requires your corporate account to have a foreign currency function. How? Call your bank or google it yourself. Don't forget, paypal will also charge a $35 handling fee for each withdrawal from paypal. Just thinking about it gives me a headache.