A new seller in Amazon's cross-border e-commerce?Easy repayment with a domestic bank card

From the moment they decide to go overseas, from store registration, to product selection and preparation, from logistics and warehousing, to promotional advertisements, every step of the way for novice sellers to “soar to the sky” in sales on Amazon is critical!
However, when choosing a repayment method, many sellers find that they also need to register an “overseas virtual bank account” linked to an overseas physical bank account. The various processes take a lot of time.
So, in addition to intense preparations, how can we find a worry-free and labor-saving cross-border repayment plan?

Please take a look here 👇️
As a one-stop cross-border payment solution officially launched by Amazon, Amazon Global Payments allows you to directly receive overseas income with only a domestic bank card* without registering an “overseas virtual bank account”. Not only is it simple and efficient, but it also avoids the risk of capital and information leakage!
Want to know how Amazon Global Payments can be made in an easier way to make secure payments?We have specially prepared a comprehensive and detailed “manual” for you to explain how Amazon Global Payments can protect the safety of your funds and “simplify” cross-border payments!

🎉 Major benefits
From September 27, 2024 to September 30, 2025, Chinese sellers who open Amazon stores after October 1, 2024 sign up for the “New Seller Escort Program” and complete Amazon's global payment settings, they can qualify for the preferential rate and enjoy the 0.3% discount rate for Amazon's global payments within 12 months after the preferential rate takes effect.

If you don't have much knowledge and experience with cross-border payments, or if you are a cross-border seller with limited operating resources and want to be able to complete overseas income payments in a simple and secure way, then Amazon Global Payments is definitely your “best choice”!

1. First, there is no need to register an overseas virtual account to use Amazon Global Payments. You can directly receive overseas revenue from the top ten global sites** with just one domestic bank card. There is no need to authorize transaction information, which not only reduces the difficulty of managing overseas funds, but also avoids the risk of personal information leakage. It can be described as “two wins in one stroke”!

2. Second, from receiving a payment from a consumer to arriving at a domestic bank account, Amazon Global Payments will ensure that the payment service provider's account in an overseas bank is “dedicated to a special account”, does not involve your overseas income in other businesses, and is not interfered with by other risk factors.

3. Third, using global payments, you can not only ensure timely payment through automatic foreign exchange transfers, so that capital turnover is orderly and controllable, but also track payment progress in real time through the seller platform, ensuring that “every transaction is traceable”.

4. Finally, Amazon's reserve bank accounts for global payments are regulated by the People's Bank of China and the Foreign Exchange Administration, which can effectively guarantee the safety of Chinese sellers' funds. Furthermore, there are sufficient reserves of reserve funds, reducing the occurrence of delays in disbursements.

For novice sellers, the value of Amazon's global payments is not only a more secure and compliant cross-border payment process, which allows sellers to conduct cross-border transactions with peace of mind, peace of mind, and peace of mind, but also a full range of functions and services, which can truly provide sellers with safe, convenient, and transparent high-quality services to solve all kinds of problems and challenges in overseas fund management.

Advantage 1: Safe and compliant, secure transactions
With Amazon Global Payments, your earnings can be directly deposited into a domestic bank account without the need for a virtual bank account. Furthermore, licensed service providers supervise compliance throughout the process, and every transaction is traceable. You do not need to authorize transaction information to ensure that the information is not leaked.

Advantage 2: One-stop management, convenient transactions
With Amazon Global Payments, you can manage it directly in Seller Central without having to go to a third party. Moreover, Amazon Global Payments can be automatically transferred and remitted. There is no additional operation, and there is no minimum withdrawal limit, and the account can be delivered as fast as 1 business day!

Advantage 3: Transparent costs and controllable costs
Amazon's global payment rates are open and transparent, with no hidden fees, no remittance losses, and the “tiered rate+joint account” model also allows sellers to do business larger and lower rates.

Advantage 4: Official products, own resources
Using Amazon Global Payments, you can enjoy professional pre-sales and after-sales service from Amazon's official account manager, consult and handle issues related to Amazon store funds, share and connect with Amazon's own resources, and participate in Amazon's online and offline activities and communities, making your overseas trip easier and simpler!

Amazon Global Payments not only provides one-stop cross-border payments, but also easy account operations and simple repayment operations to help you simplify the steps of cross-border payments and improve the efficiency of fund transfers. Amazon Global Payments requires only 2 steps to set up an account:

Step 1 Open Seller Central
First, you'll need to log in to Amazon's merchant dashboard or register as an Amazon seller. Sellers who have registered a new store can go to the “Billing/Deposit” step and select the bank address “China” in “Set up your deposit method”. Sellers with existing stores need to click “Add New Deposit Method” on the “Replace Deposit Method” screen and select “China” for “Bank Location”.

Step 2 Add a domestic bank account
You need to select a sales site and confirm, then register and bind your domestic bank account details in detail. If you are a seller using a corporate account to receive payments, you must obtain the right to operate foreign trade in China, register with the China Foreign Exchange Administration in the Foreign Exchange Business Directory, and be rated Class A.

Get paid
Once your account is set up and linked to your domestic bank account, you can start enjoying Amazon's global payment services. Amazon will transfer the proceeds from cross-border sales to the user's domestic bank account as soon as 1 business day according to the payment method you set.