The use of WordPress to build foreign trade website friends, the most contact with the payment method is estimated to be PayPal, WooCommerce default support for PayPal, it is very convenient to use, but if you want to PayPal received inside the foreign currency converted into RMB, extracted to the domestic bank account, in addition to some of the trouble, the commission is also relatively high.

Today we are going to introduce you to thePayoneerAs a foreign trade website collection tool, relative to PayPal, the handling fee is lower, the collection to the domestic bank account is also very convenient.

Sign up for PayEase and get a collection account

The use of Pai An Ying is very simple, after registering on the official website of Pai An Ying, the system will automatically assign us a few virtual bank accounts, through which we can receive money from foreign customers or make payments to foreign bank accounts.

Clients remit the money to us through our designated account, we can see the balance in the background of Pai An Ying, then, we can withdraw money directly to our bound domestic bank account.

Receiving Payments in WooCommerce with a PayEarn Account

If we need to use it in WooCommerce, there's a new function in theWooCommerce PaymentsIn the settings, select the bank transfer payment method and set the bank account assigned to us by Pai On Ying as the receiving account.

Unfortunately, there is no payment interface in PaiAnYing at the moment, we have no way to get the user's payment result in time like Payal, Alipay, hopefully we will realize this function in the future.

Withdraw PayPal balance to domestic bank account via PayPal

If our website also receives payments through PayPal, we can also transfer the balance from PayPal to PayEase's USD receiving account (no handling fee) and then withdraw it to our domestic bank account (PAYE charges a currency conversion fee of 1.2%) I withdrew my PayPal balance once in September 2019 through PayPal, and it arrived in 3 days, which is pretty fast to say the least.

MasterCard® Advance for PayEase Entities

If desired, we can also reserve a prepaid MasterCard® (similar to a domestic savings card) after $40 or its equivalent has been received in the account, and the balance on this card will be the balance in your PAYE account. We can use this card to make payments at any ATM, store or online store that accepts MasterCard®.

Pai An Ying in cross-border e-commerce plays a role in helping us to deal with the bank, with the power of technology, to help us save the time cost of running the bank, through Pai An Ying, we can have a few offshore collection accounts with a few clicks of the mouse in front of the computer, we collect the money through the Pai An Ying is still in the bank account, and the security is also guaranteed.