Advance Payment with Banggood.com

Free Member
gyeltshenretailer93
Posts: 12
Joined: 24 Jun 15
Karma: 
1 Feb 16 01:30:55 pm
Hello!!

I am really honor and doing great with my drop shipping business with Banggood as they really sell very genuine product at best price and also the great customer service. And moreover, I didn't get any complain from my customers regarding their product quality till date. Since order from my customers has increased, now I start facing another problem in regards with payment with my suppliers through PayPal as my card usually get decline. Thus my customers order are still pending with me.

And to sort out this problem, I though of making advance payment with Banggood through PayPal weekly basis. So now I am not quite sure whether it is safe or not. And moreover, I am worried whether my suppliers like my ideas about advance payment with them. Even if I do a advance payment with them, I am quite confused about tracking fund balance with them as they haven't provided this kind of service.
We are very serious and this is our full-time business. Currently we have 4000 plus products and 400 customers within two month and almost 100 plus orders are pending with us. And we have ordered almost 150 plus order to Banggood despite trouble with online payment through PayPal. And we expect our order will increase five time greater than the present one, once our customers are full aware about our online shop. All this product we have particularly source from Banggood and we are very happy to inform SaleHoo team for giving us opportunity to do business confidently with our supplies.

We are looking forward to do long term business with banggood.com. If anybody is doing business with banggood with advance payment please advice me to convince my supplies. And how you track you fund and its also be great if SaleHoo team could advice regarding this problem of mine.

Thank you

With best Wishes
Chencho Gyeltshen
gyeltshenexpress.com

Site Admin
fudjj
Posts: 5906
Joined: 27 Jul 07
Karma: 
1 Feb 16 07:53:23 pm
Hi Chencho,

Just so I fully understand your payment problem, what is the issue with your card being declined?

I'm assuming it's not a cash flow problem as you are looking at an advance payment option with your supplier, so I'm a little confused. Of course you have the option to just put cash into your PayPal account and hold the funds there to make instant payments that way as well, which is essentially what you are looking to do with your supplier.

Have you considered that option?


Mark (fudjj)

Community Manager
SaleHoo.com

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