Pros and cons comparison between Paypal and international credit cards channel
(1) premise; buyers and sellers should paypal company to
open a PAYPAL account
When payment by the buyer Credit card payment service on the site shopping
A.Buyer to fight money to his paypal account, tell paypal
to buy your products
B.Paypal company to confirm told business after the money
has to arrive can be shipped
C.merchant shipping
D.after buyer receives the goods receipt, inform paypal
company payments to merchants
E.Company Paypal money transfer from paypal account to buy
the merchant paypal account
F.completion of the transaction.
G. businesses from their paypal account to cash
(2) Advantages:
Company credit guarantees to ensure that the interests of
buyers and sellers are not received damage, and solve the credit problems of
online transactions.
(3) Disadvantages:
Imitation brand products using paypal will face frozen, on
a withdrawal and an international credit card payment channel at a disadvantage
compared
2. international credit card payment gateway transaction
process;
(1) Premises: the buyer holds a visa, the master credit
card businesses access to international credit card payment online channel
A. The buyer paid the merchant's website and enter his
credit card information, credit card payment interface
B. Pay channel transmission to the bank, the bank
confirmation of this information back to the pay channel
C. Pay channels further confirm the information in a real
and effective, the feedback information to the merchant, buyers pay for success
D. Business information left by buyers, and timely
delivery, and submitted to express a single
E. After the arrival of the goods, the buyer receipt, the
transaction is successful
F. After receipt of the buyer, the third-party payment
companies and merchant settlement money
(2) Advantages:
A.Cater to foreigner buyers spending habits to make
payment more convenient
B. use bank credit, to ensure that the interests of buyers
and sellers
C.Buyers malicious dishonor in the bank records, affecting
his life.
D.cash only need to provide a domestic bank accounts, easy
cash.
E. to support individuals and imitation Online payment solution brand customers
opened accounts will not be frozen.
F.Online Payment, buyers and sellers without an account,
fast and convenient.
G.The customer base is huge, international Visa, Master
card users more than 2 billion, especially in Europe and America, a high usage
rate.
(3) Disadvantages:
Channel high maintenance costs, a single transaction fee
than paypal
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