Alibaba has just introduced Alibaba Cross-Border Payment Terms, a financing solution for American SMEs that will allow smaller sellers to order items in bulk without having to pay for them for up to 60 days. This marks the first time a B2B ecommerce website has offered international financing directly through the platform itself.
The company says that they developed this feature to provide more options for SMEs who might struggle to secure the same favourable financing terms as large businesses. Despite being a major competitor to Alibaba in the e-commerce industry, Amazon currently lacks such a feature.
User Feedback
Recommended Comments
There are no comments to display.
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.