Interpretation of Paypal's new MOR model I. Background: AliExpress platform and  PayPal (PayPal)  have cooperated for more than four years. In the process, we can see the high conversion and high customer unit price brought by PayPal payment methods. In order to better serve more merchants and lower the opening threshold, AliExpress platform will deepen its Cooperation mode.  The new cooperation model is MOR (Merchant of Record),  that is, AliExpress platform will access PayPal as an overall merchant without the need for merchants to open PayPal accounts. GRADUALLY COVERAGE BEGAN  IN LATE SEPTEMBER . II. Main contents: The changes will have the following advantages : Expand buyer coverage:  PayPal will cover more countries and buyers. It is expected to attract more new buyers, and PayPal will bring more transactions. Conversion efficiency improvement:  MOR PayPal buyers do not need to pay handling fees, and the payment experience will be greatly o...

Introduction to Order lending In order to ensure the safety of AliExpress transactions and protect the legitimate rights and interests of buyers and sellers, AliExpress and its affiliates decide the corresponding lending time and lending rules in accordance with the platform rules and these rules when meeting the prescribed conditions. I. Time of lending 1) Ordinary lending:  Generally speaking, AliExpress will lend to the seller after the transaction is completed and the buyer has no reason to return the protection period expires,  that is , after the  buyer confirms receipt or the system automatically confirms receipt plus 15 calendar days  (or other periods for the platform updates and announces effective time). 2) Early lending:  AliExpress can decide to advance the advance loan ("early lending") before the end of the transaction for some orders according to the comprehensive evaluation of the seller's business situation and credit (such as operating du...

Introduction to Order lending In order to ensure the safety of AliExpress transactions and protect the legitimate rights and interests of buyers and sellers, AliExpress and its affiliates decide the corresponding lending time and lending rules in accordance with the platform rules and these rules when meeting the prescribed conditions. I. Time of lending 1) Ordinary lending:  Generally speaking, AliExpress will lend to the seller after the transaction is completed and the buyer has no reason to return the protection period expires,  that is , after the  buyer confirms receipt or the system automatically confirms receipt plus 15 calendar days  (or other periods for the platform updates and announces effective time). 2) Early lending:  AliExpress can decide to advance the advance loan ("early lending") before the end of the transaction for some orders according to the comprehensive evaluation of the seller's business situation and credit (such as operating du...

  Revealing the inside story of Jack Ma's empire: How ambitious is Jack Ma ahaoya8246 Published at 17:13:00 on May 5, 2011 1386   Favorites  1 Article Tags:   artificial intelligence copyright His name is Jack Ma. It's called Alibaba. It's called Taobao. The dreams he built once made the world crazy. He is in danger now. He is on the waves. After more than two months of interviews with dozens of people in the world, the Financial Weekly tells you the inside story of Jack Ma's Empire, which is unknown to outsiders. Jack Ma's three-level jump Jack Ma gave up B2B's center of gravity, but did not intend to give up his 'new business civilization'. On the contrary, he turned it from Alibaba to Taobao. What is Alibaba? It is said that Jack Ma's answer is, "I tell you, I don't even know it." In 1998, Jack Ma replied that SMEs. In  2011,  Jack Ma will tell you the world's largest e-commerce ecosystem. For more than ten years, Jack Ma's d...