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Which payment method is the safest?

Online trade is not without risks and no payment method is 100% safe. If you are doing business with a supplier for the first time, please make sure you have done sufficient background checks on the supplier before making payment. We recommend you take your time to conduct thorough due diligence. If you have any doubts about the legitimacy of a supplier, then it is always safer to consider your other options, including finding another supplier.


Please note that both Western Union and bank transfer are high-risk payment methods and should only be used for very small orders/sample orders. Low-risk payment methods include Paypal, L/C (letter of credit), and Escrow. Find other payment methods at the following link:

http://resources.alibaba.com/article/44/Popular_payment_methods_in_international_trading.htm

 

To reduce your risk when trading online:

1) Always verify a company’s contact details and address

2) Always verify a company’s legal registration number

3) Ask suppliers to provide you with customer references (preferably from your own country) who have purchased from them within the last 12 months

 

Learn more about Safe Trading at the following link: http://resources.alibaba.com/trade_safe/home.htm


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