There are four well-known companies in the market, namely, two established overseas payment companies, World First and Payoneer, and two innovative cross-border payment companies in China, SKYEE and Pingpong Finance.

First, the qualification for opening an account

Both p>WF and P cards can open a company account or a personal account. Payee SKYEE and Pingpong Finance only support corporate account opening in Amazon, which can be used by mainland companies or Hong Kong companies.

second, the charging standard

there are two main forms of payment company fees, one is the ordinary handling fee, and the other is the exchange loss. Because some companies don't disclose their exchange rates, they can make huge profits from them.

the fees charged by p>WF are mainly in the form of exchange loss, and there are no other handling fees, but at present, Xiaobian has not found any relevant information about which exchange rate they use. The charging standard is calculated according to the income scale, and the exchange loss ranges from 1% to 2.5%. The higher the accumulated income, the lower the exchange loss. When your monthly running water exceeds $5,, you can get the reserve price of 1%. P card charges are differentiated by currency. A 1% entry fee will be charged for the entry of USD (it can be exempted if it is over USD 2,), and the withdrawal fee will vary from 1% to 2% (depending on the accumulated income). There is no entry fee for euro and pound sterling, but 1%-2% withdrawal fee is charged. If you want to apply for a physical card, you have to pay a card management fee of $29.95 every year. As for the exchange rate, the P card refers to the purchase price of the Bank of China at 3 o'clock. Generally speaking, for small and medium-sized sellers, the fees charged by established large payment enterprises are generally high.

The collection methods of two local enterprises, SKYEE and Pingpong Finance, are relatively simple, and the prices are also very intimate. Easy to collect: only .8% for cash withdrawal in Euros, and 1% for Pingpong Financial in US dollars. There is no other charge for both. However, according to informed sources, Shouyi SKYEE plans to launch the US dollar, British pound and Japanese yen in the future. Pingpong also plans to launch Euros and Pounds.

iii. withdrawal time limit

the withdrawal time limit of the four companies is between t+1 and 3. The time limit of easy collection SKYEE is stable within one working day. Pingpong arrives on the same day as soon as possible.

IV. Safety

As far as safety is concerned, all four enterprises are supported and supervised by the local government, and there is not much comparability.

WF and p cards are established payment companies operating abroad for many years. WF is a British company, which is supervised by the American, British and Hong Kong governments. P card is an American company, which is regulated by the American government and Europe.

two domestic enterprises, PayPal SKYEE and Pingpong Finance, were established in Guangzhou and Hangzhou respectively, and the local governments supported their innovative cross-border payment model.

Payee SKYEE is a key innovative cross-border payment enterprise in Guangzhou and one of the top ten payment enterprises in Guangdong Province. Its affiliates are subject to the supervision of the governments of the United States, Germany and Hong Kong.

The affiliated companies of cross-border payment enterprises supported by p>Pingpong Finance Hangzhou Comprehensive Pilot Office are subject to the supervision of the US government.