So I pay my Chinese suppliers thru dhgate. But my orders are getting large, 120k + and it's a headache paying with my debit cards. They get declined often for the amount and because it's an overseas transaction. Basically I have to spend an hour on the phone with my banks to make a 10k payment to dhgate. So my supplier suggested I pay him thru payoneer. I's honestly much easier. Sent him 40K in 5 minutes. Anyone used this payment method and are you covered if the supplier wants to rip you off?
The Following User Says Thank You to Robin Hood of Amazon For This Useful Post:
Have you considered asking your suppliers if they are on alibaba? And are you utilizing cashback with orders that size? Givingassistant does 2%, and 2% of 120k is still like 2.4k in cashback. I have a feeling youll be more willing to endure if you can make some extra free money.
As far as i know, you're covered but you can still look into their dispute process
I haven't asking if they're on Alibaba. Does Alibaba give good payment options? And no i'm not getting cashback. Haven't even looked into it. But I will.