Trade through BSPECT means based on the terms of payment in the contract, you
can choose online payment through a third-party or bank transfer to BSPECT account, and then BSPECT transfers the payment to your partner. This process guarantees the security of the trade to a high extent.
Payment through the third party refers to online payment made through Alipay and PayPal software systems provided by Alipay (China) Network Technology Co., Ltd. and PayPal after trade complement on BSPECT website.
Online Payment Process
Payment
a. Foreign buyers:
Foreign buyers→BSPECT account→Domestic sellers
b. Domestic sellers:
Domestic sellers→BSPECT account
Refund
a) To foreign buyers
BSPECT company account→foreign company account
b)To domestic sellers
BSPECT company account→domestic sellers
Bank Transfer
Because buyers would be charged for the service through online payment of the third party, those with a large amount trade value can choose bank transfer, which means buyer can use remittance transactions through bank to make the payment to BSPECT company account.