Posts Tagged ‘payment’
Paying Chinese suppliers with PayPal
Hi, I have read most of your forums and advise. But as a first time buyer am still confused about the payments. cause all the suppliers I chat with online sound the same. They all agree on PayPal but what I want to know is; How safe it is and how it operates since that’s…
Read MoreHacked. 32K Gone, Ensure You Are Not Next.
I have been cheated USD32,000 by a hacker. Hacker entered in between my email and my supplier and it was very hard to discover. I thought I was in contact with my supplier and transfered the funds to the hacker’s account. Is there a way to trace that transfer? I have all the bank details.…
Read MorePayment Terms and Safe Sourcing
I would like to know how is it possible for a supplier/manufacturer of electronics in China to supply a Customer/Distributor in Nigeria in a way that I give a certain deposit and pay the balance few weeks after delivery to Nigeria. Is it possible like that? Is there any guarantee in the quality of such products?…
Read MoreQ & A With Dr. Roberto Bergami Discussing Letters of Credit
Recently we had a great oportunity to ask a few questions to Dr. Roberto Bergami, International Trade Senior Lecturer at Victoria University in Melbourne Australia. He has specialized in methods of payment and delivery from a risk management perspective and was gracious enough to offer his expertise on these issues. He has also provided a…
Read MoreKelly’s 1st & 2nd Laws of China Sourcing
Years ago, when Murphy’s Law calendars were all the rage (and yes, I am that old), my father submitted and had published two such laws; Kelly’s 1st & 2nd Laws of Aerial Navigation (remember this is from the 1970′s, so paper maps were the standard – no GPS).
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