We think this article is one of the most important articles that you should read if you want to do dropshipping from Aliexpress.
Because we will not only show you the payment methods, but we will also show you the tips that will save you a lot of headaches.
The most preferred payment method is PayPal because you get paid on eBay and Shopify using PayPal, and you pay using PayPal on AliExpress.
Here we can see PayPal, but the thing is that PayPal is not acceptable for all of the products.
It’s acceptable for around 50% of the products, and usually, if you find a supplier that accepts Paypal for one product, they will take it also for the rest of their products.
So remember, if you find a seller with one product that accepts Paypal, you can go and list all of the products from the same seller because the payment method will be the same for the same supplier.
2. Credit Card
The second payment method is the credit card. Now for a lot of people, credit cards may be a problem because of business cash flow and that you don’t want to combine your business with your expenses.
We will show you exactly how to avoid this situation. But, if you want to work with credit cards, usually, this is recommended.
If you pass this problem of the cash flow, it’s not a problem because usually with credit cards, you can get cashback.
For example, if you are an American, you can get up to 5% cashback. If you’re Israeli, you can get a Fly Card, which also gives excellent credits for flights.
But if you want to work with credit cards, you need to remember one thing.
We don’t recommend you to work only with one credit card or only with 1 Aliexpress account.
Sometimes the bank or Aliexpress will ask you for documents; usually, it will come from Aliexpress side. And then you need to provide them some documents.
This process is not a problem at all, but it will take between 3 – 5 business days to solve the situation. And we don’t want to have delays with our orders, we don’t want our clients to wait, and we don’t want our reputation on eBay to go down.
So, in this case, we would open from Day 1 at least two even better three different Aliexpress accounts with various credit cards.
You can have them all on one computer, so when you get the verification request from Aliexpress, you will have another one or two accounts that you can continue and process your orders.
Now, If you don’t want to work with Credit Card or PayPal, here is the method number.
You can work with something called Payoneer that we recommend you to use it only if you don’t have a business credit card or you don’t want to combine your regular credit card with the business.
Payoneer is an online bank where you can get from them as many credit cards as you want.
The fees for transferring money from Paypal to Payoneer are 1% for every transfer. But, as AutoDS, we partnered with Payoneer, and now you can get this fee waived. All you have to do is to register using AutoDS and Payoneer link, and you will have a competitive edge over your competitors.
So Payoneer is an excellent method to pay with on AliExpress because this is an external bank account that you can quickly and immediately open.
Then you can obtain a credit card and an American bank account that you can link with your Paypal account. And you can pay using this credit card on Aliexpress.
Now let’s see how we can get this 0% fees and how we’ll get all of the benefits of Payoneer.AutoDS CEO Lior Pozin created a video in the past that helped a lot of people.
In this video, Lior shows you how to link Payoneer to Paypal because Paypal doesn’t allow it. But, some unique methods help you to do this easily.
It’s straightforward to follow the video, and it is just a 5 minutes video.
AutoDS and Payoneer partner link will take you to Payoneer registration Page.
You will immediately get a 0% discount for transfers from PayPal to Payoneer. The only thing is that they take a small percentage for each transaction.
And this is the only minus using this method. But this is not a big deal because we will make much more money using Aliexpress.
The best method to pay on AliExpress is PayPal. If you find a supplier that supports PayPal, list all of there products.
If you have a credit card with a discount, it’s even better than PayPal. Because this way, you can also make money for the purchases in the background using Cashback. So in America, you can get different credit cards with discounts. Just check with your bank.
In Israel, it’s called Fly card, and there is such a thing in every country. You need to check with your bank.
And the third method is Payoneer, which is an online bank account. And one of the best options for international dropshippers.
Don’t forget, never start with only one account on Aliexpress. Always split it to more than one Aliexpress account. So you will not have problems in the future.