Since the ETSY platform currently does not have a registration channel for Chinese sellers, it can only save the country, and the identity of the store owner, registered IP, mobile phone number, etc. must be the citizen information of the open area of the platform, and this part of the problem is provided by relevant service agencies. Hotspot Engine Plan In the process of receiving and withdrawing money, it cannot be directly bound to a domestic bank card, and a foreign currency collection account must be opened.
The Etsy platform has aggregated local acquiring channels to create the platform's own Etsy Payments, so the collection process is relatively simple, and you only need to apply for a foreign currency collection account on the third-party payment platform (you can also apply for a VCC card to pay the relevant fees of the Etsy platform at the same time).
Then you can bind it to the Etsy platform.
Buyers pay through the payment channel provided by Etsy Payments, and after receiving the money, the platform will transfer it directly to your bound bank account. In the withdrawal process, you can initiate a withdrawal on the third-party payment platform, submit the relevant order information, and then you can initiate the withdrawal.
There is no problem with the audit of the payment platform, it can be operated, the timeliness is usually about 2-3 days, and the foreign exchange settlement exchange rate refers to the real-time exchange rate of the Bank of China.
What you need to pay attention to is the security and cost of collection and settlement, and make reasonable plans and arrangements.
If you have other questions, please pay attention to other related articles in this number!