International E-Commerce: The Wild, Wild East

Another limitation to consider is China’s heavy reliance on cash as the widely accepted form of payment. China is relatively underdeveloped when it comes to e-commerce transaction security and credit card use. Cash on delivery remains one of the most popular online payment types and is frequently the first option listed by leading online retailers in the country. Commerce sites that require credit cards typically charge fees ranging from 5 percent to 10 percent. The most prominent Chinese e-commerce sites use an online payment system that holds consumer payments until the customer receives the product and is satisfied with their purchase.