China Wholesale Buyers Checking Out the Convenience of New Payment Method on DHgate.com

With the current popularity of online trading, people are becoming more accustomed to having a wide range of choices in both their product or service selection, and the payment methods used for them. DHgate.com, a leading China wholesale platform, is aiming both to make payments easier and cut down order completion time, with a new service allowing buyers to pay for orders directly with ACH-enabled checking accounts.

Beijing, China (PRWEB) September 6, 2010

DHgate.com recently added the ability for buyers on their China wholesale trading platform to pay with an ACH-enabled checking account, removing the need for international buyers to mail a physical check and offering another convenient payment option.

Payment methods currently available for DHgate.com orders include:

•     PayPal
•     Credit card
•     MoneyGram
•     Western Union and wire transfer, which can be accessed either through normal channels or DHgate.com's new e-Wallet system
•     Physically mailing a check

No matter what method is used, the payment is stored in DHgate.com's escrow facility until the buyer confirms delivery and their satisfaction with the items.

The US represents the region with the largest number of buyers on DHgate.com, so the China wholesale trading platform expects that the new payment method will benefit a significant number of purchasers.

"We understand that retail is an industry in which you need to see and respond to trends instantly in order to stay ahead," said James He of DHgate.com.

"We've already initiated several features that help buyers either identify trends or receive their orders more quickly, such as real-time chat with sellers and the icon for 1-day dispatch items. However, for those that need to use check payments, those benefits would have been used up in postage time," Mr. He continued.

"Now all our buyers have these time-saving methods available. More importantly, they can choose to pay in whichever way suits them," Mr. He finished.

About DHgate:
DHgate.com is a leading online marketplace for the world’s small and medium size businesses and the largest China-based wholesale trading platform.
Founded in 2004 by former Joyo.com CEO, Diane Wang, DHgate.com serves over 2.8 million registered buyers from 230 international locations and in excess of 400,000 China-based sellers. Offering over 20 million product listings at any one time, DHgate.com facilitates thousands of successful transactions per day. DHgate.com now employs over 400 full-time employees and generates annual transaction volumes well in excess of USD$300 million. DHgate.com received the Deloitte Technology Fast 50 China 2009 award.

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