Posts Tagged ‘payment’

Withdraw Money from Your Paypal Account

Wednesday, August 4th, 2010

In previous article, we wrote “” and now if you already have money in your Paypal A/C and then want to withdraw it to your bank, then follows these steps. In fact, you should firstly visit Paypal website help center to see: “Withdraw funds“.

Here are some pictures:

1) You firstly need to add Bank Account. Click  ”My Account” – “Profile”, for “add or Edit Bank Account”.

Add Bank

Here in China, we can add US, China and HongKong Bank. Please note the bank name should be the same with what you register in Paypal.

Add Bank

2) After bank account added, then you can click “Withdraw”.

Withdraw money to your bank Step 1

I have already added a China and HK bank, so you will see two options.

If to China, the currency will remain the same (if you withdraw USD, then you will get USD); but it’ll charge USD 35.00. Sometimes Paypal will has promotion and will be cheap to China.

If to HK bank, then it’ll transfer into HKD firstly and then you can only get HKD. But it’ll be free if the amount big than HKD 1,000. (or 5,000, not quite sure).

Choose the amount and the bank, click “continue”.

Withdraw Money from Paypal

Here I withdraw money to HK Bank, then USD will be auto-changed to HKD and you can see the exchange ratio. Paypal will charge about 1.5% fee.

Withdraw money from Paypal

After checking everyting is okay, then “Submit” your request. Money will arrive at your bank account around 3~5 or 5~7 days, depending upon country you are.

For me, I think the best way is to buy something using USD or EUR in Paypal, so that you don’t need take time to withdraw.

We can accept the money send via Paypal, if you buy our metal dome (snap dome) or metal dome array (snap dome array) with our company (Best Technology), small amount (less than $500), you can send via Paypal. Very easily and it’s free for you to use it!

Waaa. Wonderful? Yeah, we are always doing our best to provide best service, convenience, quality to our customers. Let me know if you have any questoin for that.

How to Send and Receive Money via Paypal

Tuesday, August 3rd, 2010

In previous article on Nov 2006, we started to accept the payment via Paypal with your credit card (refer to this: ) Now more people want to know how to send and receive the money via Paypal.

I think people can find the answers in help center of Paypal but seemed people like to see the process in pictures. As preverb says: A picture worths thousands of words. So I wrote this artcile and hope this will help people understand it.

A) Send Money to Paypal A/C

Send money to your customers, your friends is very easily. Login your A/C and click “Send Money” on top position and you will see two opinions: “Send money online” and “Pay for eBay items”. I take a picture showing “send money online”.

Send Money via Paypal 1

Just input the A/C No. (Actually it’s an Email address), amount of money and purpose of this fund, and click “Continue”. You will see a new page to confirm the A/C No, amount:

Send Money via Paypal 2

You can also write a message to receipt, limited to 300 characters.

Send Money Via Paypal

After checking everything is right, then confirm it and money will be sent out.

Very easily? Yeah! Next time let me show how to receive the fund your customers or friends send to you.

I think you’ll like it, Paypal is very convenient for small amount of money transfering, very fast (almost immediately), free to send money, and a little receiving fee (most of time, none).

So my friend, if you order metal dome (snap dome) or metal dome array (snap dome array) with our company (Best Technology), small amount (less than $500), you can choose this way.

All right. Is everything clear for you now? Any question, write email or leave message here, we will answer it very fast.

——- to be Continued…

New Payment for Small Charge: Credit Card and Paypal

Monday, November 20th, 2006

From this week, we, Best Technology, decide to accept a new payment method for small amount less than USD 300.00: Credit Card or Paypal, with the hope of accelerating the business process, cutting down the payment period, as well as reducing the bank fee, for both buyer and us.

For a long time, that the normal payment is wire transfer, konw as T/T (Telex Transfer), but it has several shortcoming when the amount is related small. For more, please check: The Shortcoming of Telex Transfer.

From now on, whether you buy small amount of metal domes or dome array, pay the sample fee, or shiping charge, which is less than USD 400.00, you can use your Credit Card or Paypal. By using it, we hope to make business more easy!

Because the Credit Card and Paypal is so popular outside of China, so it’ll be much convenient do you it.

1) You have a Paypal Account, whether is personnal, Premier or Business user

Contact your sales to get our Paypal Account, and then send money via Paypal. Only a few minutes that we can get money. For you, the sending is free and more faster than before so that you can get the desired goods or samples. For us, we only need to pay a little percent fee to Paypal, but it is smaller than “the third party bank fee”. More import, it make business easy, save time and money for both of us.

If it’s your first time use Paypal, you can browse : How does PayPal work?. At the same time, it’s safe. Please check https://www.Paypal.com for more information.

2) You have a Credit Card

Only you need is to register a Paypal account, it’ll take about only two minutes. Then you can send money through your Paypal account.

In the future, we’ll release our online payment method which you can use Credit Card directly. Please note our lasted news.

Your Attentions (Important)

When you send money through Paypal, please contact our salesman to get the right Paypal account. And for the large amount (> USD 400.00), we still used the bank transfering, and also our bank information is valid for all kind of transfering, whether it’s small or big.

Also if like use Paypal for medium or big amount payment, it’s okay for us. As Paypal don’t charge the sender, but will charge us (receiver) a fixed ratio: 3.9%*amount+$0.3 (each single transfering), so please help to add this fee when you send fund to us via Paypal. Thanks.

If you have any questions about the fast transfering via Paypal, please contact us for more information. Welcome to order metal dome (snap dome) or metal dome array (snap dome array) with our company, we are always to be your best partner in China!:-)

The Shortcoming of Telex Transfer

Thursday, November 16th, 2006

For a long time, that the normal payment is done via wire transfer, konw as T/T (Telex Transfer). It’s a popular handling method in internation business, esp for the medium or larger amont of money. As the preverb says: “No one is perfect”, beside its advantage, it has several shortcoming as follows:

1) Long Time Period

The buyer send money via his bank, then the vendors wait for money to arrived at their bank. Generally, this period will last at least two or three days because the cross-countries and different banks. Sometimes even longer than  5 days or one weeks, depending upon whereever the countries and whatever the banks of buyer and vendor are. Time is the money, but under this case, no one can speed it up.

2) A Little Higher Bank Fee for Small Amount

For T/T, both parties have to pay the bank fee. When buyer do the transfer, whether it is large amount or small. he must pay the bank fee. Everyone know it. But at the same time, when the vendor receiving the money, maybe he also need to pay certain amout of the third part bank fee.

This bank fee is deducted by Intermediary Bank. Many buyers whom purchased initially from China do not know this is bank fee, but it is here. Because of exchange control, along with other elements, the money from purchaser will transfer through a Intermediary Bank untill it arrived at vendor’s bank account. Showed as follows:

Purchaser Bank - Intermediary Bank – Beneficiary Bank (Vendors)

(Buyer send USD 100 deducted USD 25.00 and only USD 75.00 arrived at Vendor)

The USD 25.00 is wasted!

Is there other method which can overcome these drawbak and take its place? Of course there is. Please view back next time, then we will release a new payment method for small amount.