Payment Tools
WorldFirstWorldFirst
Amazon officially recommendsthirdsidePayment Tools, multi-currency supportpayment collection, Low fees(0.3%-0.4%), tofast, candirectlydomesticbank accountwithdrawal.
PayoneerPayoneer
International payment platform supporting multi-platform collection, provides virtual bank accounts for sellers to receive payments from Amazon and other platforms.
PingPongPingPong Payment
China leading cross-border payment platform supporting Amazon, eBay and other platforms with transparent fees and secure funds.
AirwallexAirwallex
globalbranchplatform, provideMulti-Currency Accountandcross-borderbranchservice, supporte-commerceplatformpayment collection.
Account Types
Personal AccountPersonal Payment
applicableatIndividual Seller, needprovideID cardetc.personinformationconductverify.
Business AccountCompany Payment
applicableatenterprisesellers, needprovideBusiness Licenseetc.companyinformation, supporttotransfer.
Multi-Currency AccountMulti-Currency Payment
supportUSyuan, EUyuan, GBP, dayyuanetc.manytypescurrencyPayment Account, canataccountwithindirectly.
Linking Process
accountRegistrationAccount Opening
atpayment platformRegistrationaccount, personorcompanyinformationandcompleteIdentity Verification.
Obtain Payment InformationBank Documents
Registrationsuccessafter, payment platformwillprovideBank Account Information(includingaccountname, Account, Bank Codeetc.).
Link Amazon AccountAccount Association
atAmazonSeller CentralsettingsPayment Account, enterpayment platformprovidebankinformation.
verify accountconfirm
Amazon willtowardsPayment Accountentersmalltestfund, sellersneedatpayment platformconfirmtoaftercompleteverify.
Withdrawal
Withdrawal Fee RateService Fee
payment platformwithdrawalService Fee, usuallyforwithdrawalamount0.3%-1%, differentplatform feedifferent.
totimespaceWithdrawal Cycle
fromstartwithdraw tofundtotimespace, usuallyfor1-3business days.
Exchange RateCurrency Exchange
payment platformprovideCurrency ExchangeExchange Rate, usuallynearreal-timeExchange Rate, butwillhasonepoor.
Currency ExchangeConvert to RMB
willoutsideRMB, payment platformusuallyprovideonesiteCurrency Exchangeservice.
Other Terms
ACHtransferBank Transfer
Automated Clearing House, USAbankspaceelectronictransfersystem, Amazon throughACHwilltosellersPayment Account.
Wire Transfer
international, applicableatlargefund, Service Feerelativelyhighbutspeedfast.
SWIFTcodeBank Code
internationalbankspacedon'tcode, useatinternationaltransfertimedon'tpayment collectionbank.
Bank & Platform Payment Comparison
| Payment Method | Supported Platforms | Pros | Cons |
|---|---|---|---|
| US Bank Account | Amazon US, eBay US, Wish | ✅ Low fees, fast transfer, ACH support | ❌ High opening threshold, US address required, high maintenance fee |
| Hong Kong Bank Account | Amazon Global, eBay, Shopee | ✅ Multi-currency support, fund freedom, no forex restriction | ❌ High opening requirements, high maintenance cost, policy affected |
| Domestic Bank Account | Partial platforms | ✅ Easy operation, simple exchange, no opening threshold | ❌ Limited platforms, large exchange rate spread, receipt restrictions |
| Third-Party Payment | All major platforms | ✅ Wide platform coverage, transparent fees, easy operation | ❌ Service fees, exchange rate spread, platform dependency |
Account Type Comparison
| Account Type | Personal Aspect | Platform Aspect | Tax Aspect |
|---|---|---|---|
| Personal Account | ✅ Easy registration ❌ Limited quota, unlimited liability | ✅ Fast review ❌ Limited features, easy risk control | ✅ Simple tax filing ❌ Higher tax rate, no cost deduction |
| Business Account | ✅ Limited liability, good brand image ❌ Complex registration, high maintenance cost | ✅ Full features, high trust ❌ Strict review, high KYC requirements | ✅ Cost deduction available, lower tax rate ❌ Complex tax filing, need professional accountant |
| Multi-Currency Account | ✅ Flexible forex management ❌ Need forex knowledge | ✅ Multi-platform multi-currency support ❌ Exchange fees | ✅ Optimal exchange rate selection ❌ Exchange rate fluctuation risk |
Payment Platform Fees & Rate Comparison
| Platform | Collection Fee | Withdrawal Fee | Exchange Rate | Transfer Time |
|---|---|---|---|---|
| WorldFirst | 0.3%-0.4% | Free | Near mid-market rate | 1-2 business days |
| Payoneer | 1% | 1%+ | Large spread | 1-3 business days |
| PingPong | 0.4% | Free | Near mid-market rate | 1-2 business days |
| Airwallex | 0.3%-0.5% | Free | Real-time rate | 1-2 business days |
| LianLian Pay | 0.5% | Free | Transparent rate | 1-2 business days |
| US Bank ACH | Free | $15-$30/transaction | Self-exchange required | 2-5 business days |