World Pay
A better way to
pay 1688 suppliers
With a World Account, you can forget about opening a Chinese bank account from overseas.
What is 1688.com?
1688.com is China’s leading online wholesale and manufacturing marketplace designed to help SMEs source products at wholesale prices directly from millions of manufactures, the primary sources.
Why source on 1688.com?
Start small and grow big
- The platform makes it easy for new entrepreneurs to find profitable products with lower price.
- Make small orders to test the market or bulk purchases to scale rapidly.
Wide selection of products
- 10 million suppliers and 1700 sub-categories in 1688.com.
- Direct contact with factories via 1688.com.
A shortcut from sourcing to marketplace selling
- Global selling on marketplaces such as Amazon, AliExpress, Lazada, Shopee supported.
- Direct delivery of orders to multiple major marketplaces’ warehouses in China.
What is 1688 World Pay?
World Pay is the official payment provided by 1688.com and WorldFirst, making it easy for you to purchase directly using your World Account balance. No need for sourcing agents or a Chinese bank account – everything is instant, secure and completely compliant.
Why use 1688 World Pay?
Secure
Authorise payments directly to 1688 suppliers, and enjoy a fully compliant flow of funds to make 1688 supplier payments
Seamless
As the official payment partner, your World Account connects with your 1688 account for instant payments.
Affordable
Save time and money by purchasing directly from 1688.com, without the need for agents. Enjoy competitive exchange rates and transparent costs.
Speed up global sourcing
With Cross-border Pay, you can eliminate the need for:
- Sourcing agents
- Chinese bank accounts and the paperwork that comes with them
- Relying on mainland partners to make payments on your behalf
Simply connect your World Account to your 1688 account and you're ready to shop. As soon as you check out on 1688.com, the payment is deducted from your World Account, making your global sourcing more efficient than ever before.
GET STARTED
4 steps to get paid
Sign up
Submit your application online and you will be notified within 48 hours.
Set up a Receiving Account
Set up a Receiving Account in the currency of your choice.
Share account details
Share your Receiving Account details with your customers or connect it to your eCommerce marketplaces.
Collect fund
Collect funds into your currency accounts, hold the funds or make currency conversions and payout to suppliers.
GET STARTED
4 steps to get paid
Sign up
Submit your application online and you will be notified within 48 hours.
Set up a Receiving Account
Set up a Receiving Account in the currency of your choice.
Share account details
Share your Receiving Account details with your customers or connect it to your eCommerce marketplaces.
Collect fund
Collect funds into your currency accounts, hold the funds or make currency conversions and payout to suppliers.
FAQs
No, there's no minimum amount.
There are a few advantages.
- Save time and cost: Make CNH payments directly from your World Account to 1688 suppliers.
- Seamless payments: It takes just a few minutes to connect your 1688 account to your World Account. Whenever you make purchases on 1688.com, funds will automatically be deducted from your World Account to save you the trouble.
We can only receive funds from the following sources:
- Online marketplaces
- Payment gateways
- Third-party businesses
- VAT returns or your own company or personal same-name bank account*
*Same-name bank account refers to a bank account that has the same name as the account registered with WorldFirst.
You can make an SGD transfer to your allocated SGD account with WorldFirst. Do check with your local bank if there are any charges involved.
Scenario 1: Transfer from your same-name bank account* to your World Account.
This usually takes between one hour and one working day.
*A same-name bank account is a bank account opened in the same name as your World Account.
Scenario 2: Transfer from your director/shareholder's personal bank account to your company’s World Account.
This usually takes between one to two working days.
Explore what else we can offer
FX
Ensure better currency exchange, at today’s rate, a rate you want to wait for or one that you’ve locked in.
Pay
Make easy, fast and secure payments to 200+ countries in 90+ currencies. A world of payments with WorldFirst.
Manage
Team up but stay in charge. Connect to seamlessly reconcile transactions and reduce your accounting admin.
Pricing
Grow your business with great rates and low fees. WorldFirst assists you to keep more of what your business makes.
Beginner's guide to using 1688.com
Step-by-step guide for international buyers
