How can I use WorldTrade to source goods from China?
WorldTrade is a B2B payment and order management system that makes global sourcing easier, more cost-effective, and more transparent. With WorldTrade, you can enjoy real-time payments with credit and debit cards at affordable cost or with WorldFirst balance for free. Your funds are securely held in escrow until your orders are shipped. You can easily find the latest order and shipping statuses.
Any business who source goods from Chinese suppliers can benefit from WorldTrade. You can buy from nearly 1 million Chinese businesses who’re also WorldFirst users. However, we currently don’t support buyers from Iran, North Korea, Syria, Cuba, Crimea, Luhansk, Donetsk, Russia, Belarus, Myanmar, Zimbabwe, Israel, Palestine, and China Mainland. Buyers with activated Zyla Accounts in the United States are also temporarily not supported.
Please note that if you’re an existing WorldFirst user, WorldTrade will not be activated on your World Account until you have received a first order from your seller.
How can I buy from suppliers with WorldTrade?
You can start transacting with WorldTrade globally in just 3 easy steps:
- You can send an order invite to your seller via email or contact your seller directly to send you an order
- Confirm order details and make the payment
- Receive your shipment and confirm delivery
How can I activate WorldTrade?
To activate WorldTrade, please ask your seller to send you an order. Once received, you will receive an email and be notified in your World Account.
How to register and log into WorldTrade as a buyer?
If you’re new to WorldFirst, it should prompt you to “Register now”. You can click on the tab to access the registration page. You’ll need to enter your account details such as your country/region, account type, account name, login password, etc.
If you’re an existing user, you can log in to access your WorldFirst Account, and then click on ‘Order Management’ under ‘WorldTrade’ tab to view all your WorldTrade orders.
How to get a WorldTrade order?
Option 1: You can ask your sellers to create the order for you. Just give them your email address, and you’ll receive your order details in your inbox shortly after.
Option 2: You can draft an order request with seller and product information from your end. After the confirmation from your seller, you’ll receive your final WorldTrade order based on your order request.
How to pay for a WorldTrade order?
After reviewing order details, you can click on ‘Confirm and Pay’ and direct to the Checkout page.
You can pay with either credit/debit card or your WorldFirst balance. If you’re paying with a card, select “Add credit/debit card” and fill in your card information. WorldTrade supports Mastercard, Visa, JCB, Discover, Diners Club, American Express for credit/debit card payments, with a single transaction limit of up to 10,000 USD.
If you’ve activated the World Account before, you can use the USD balance in your World Account to pay for the order; if you have not activated the World Account yet, you can click “Verify now” to start the verification process and open the World Account.
Note: If you’re based in the US and have a Zyla account, you will not be able to log in and pay with your balance at the moment. We apologize for any inconvenience caused.
Does WorldTrade charge fees?
A service fee is charged for WorldTrade transactions (the “fee” refers to the service fee incurred at the time of payment). You can negotiate with the seller to determine who should bear the service fee and reach an agreement before seller drafts the order.
Note: Your bank or card company may charge extra fees on international transactions, depending on your location. If you make a payment in a currency other than the stated payment currencies, your credit card issuer or bank may charge you a currency conversion fee or exchange processing fee. Please be aware that WorldTrade has no control over these charges. Should you have any questions, please contact your bank or credit card issuer for more information.
Why did my WorldTrade payment fail?
There are multiple reasons why a payment might fail, including but not limited to insufficient funds or credit availability, credit card expiring, authorization failure, and regulatory compliance issues. Should this happen, please double check the credit card details or consider using an alternative credit card.
How to manage WorldTrade orders?
Find “World Trade – Order management” in the left navigation bar, here you can monitor ongoing transactions, pending payments, and shipped orders.
Once the seller has shipped the items, you can enter “Shipping plan” on the order details page to track delivery progress and view shipping details. Once the shipment arrives, you need to select “Confirm delivery” to finalize the order, then the order will show that the transaction is completed.
Note: Depending on the shipping method, if you do not manually confirm delivery, the system will automatically confirm delivery at a certain time point after the seller completes the shipment:
- Sea freight: the system will automatically confirm delivery after 60 natural days;
- Non sea freight: the system will automatically confirme delivery after 30 natural days.
How to check WorldTrade order shipping status?
Once an order is shipped, you can navigate to the order details page and track the shipment status through ‘Shipping plan’. Click ‘View’ to check the documents uploaded by sellers. It is advisable to maintain communication with sellers for updates on the delivery progress.
How to cancel a WorldTrade order?
Go to the order details page and select ‘Cancel order’. Only unpaid and unshipped orders can be cancelled. Both the seller and the buyer can cancel the order.
How to get the refund of a WorldTrade order?
If you’ve reached an agreement with the seller, you may ask your seller to initiate the refund.
After a refund is successfully submitted, the funds are expected to be returned to the your original payment method within 7 working days. The exact time depends on the policies and processing times of your card-issuing bank.
Note: Refunds are only supported for orders within 360 days from the successful payment date; transaction service fees are not refundable.