How to reduce your risk when paying a Chinese supplier? Breakdown of payment methods: Paypal, Alibaba Escrow, Bank Wire Transfer “T/T” and best practices

So you’ve found the right supplier who has the product at the right place for you and you’re ready to click the “Pay Now” button. But wait – you’re wondering should I use Paypal or Alibaba’s escrow service?  What’s this I hear about T/Ts and L/Cs?  What about Western Union?  Here is an overview of the … Continue reading “How to reduce your risk when paying a Chinese supplier? Breakdown of payment methods: Paypal, Alibaba Escrow, Bank Wire Transfer “T/T” and best practices”