Source: Yiwu sourcing agent Author: Helan Date: 2008-05-12
In a few days, China Yiwu commodities Online will get cooperation from Alipay, a website that works as an independent third party payment warrantor in providing payment guarantee fro Yiwu's dealers who want to do business on line, but fear of the other party's failure in fulfillment of Alipay into China Yiwu Commodities Online will realize an integrated E-commerce that includes sample display on line, agreement signing on line, order placing on line and payment making on line. With the problem of payment making on line. With the problem of payment resolved, the heart of dealers may sink while doing business on line.
Over the latest couple of years, E-commerce in Yiwu has developed at an impressive pace. Dozens of famous E-commerce service agencies home and abroad have marched their way into Yiwu's E-commerce mareket, including Alibaba,Global Sources, HC360.com. But since the payment problem remains unsolved, most of the E-commerce websites are only run for product display. The inability to ensure safe on-line payments is hence the bottle-neck problem that hinders further development of E-commerce. When a pruchaser elsewhere places an order on a website here, either he or the seller will be at risk in case of non-payment or non-delivery.
As an escrow service agency, Alipay is intended for on-line dealers who really need an E-business platform where substantial transaction can be realized. It is said that nearly all the traders in Yiwu Market have their corresponding virtual booths on China Yiwu commodities ONline, dealing in as many as 160,000 kinds of commodites. With Alipay before shipment of the goods. After receiving the goods, the purchaser will advise Alipay that payment should be transferred to the Seller. It is learnt that Alipay, an agency of Alibaba, is an enterprise specializing in providing on-line payment service. It enables individuals and businesses to securely, easily and quickly send and receive payments online, solving the issue of settlement risk. Above all, Alipay is a third party between the buyer and the seller, who assesses the credits of the two parties and protects their interests.
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