VoyageOne has created an instant payment solution for U.S. merchants to assist cash flow, and simplify accounting practices when it comes to China's online transactions.
Alipay is the only payment solution provider on Tmall which has strict buyer protection policies and regulatory procedures. Payments are posted into an “Escrow Account” until goods are delivered to China's customers; and once confirmed, the funds are released. This can delay funds to a U.S.-based bank account by up to two weeks.
VoyageOne has alleviated such potential problems by providing a fully customized payment reconciliation module to assist our client's cash flow process and simplify their accounting practices.