AliExpress is one of the most famous digital marketplaces in the world. Its popularity is due to the low prices it offers. And even if these are extremely low, you should not be wary. Millions of transactions are made on this platform every day. Besides, Different payment methods are offered on AliExpress. And we are going to tell you what these alternatives are, what advantages each of them have and their disadvantages.
We must go back to the year 2010, which was when AliExpress was founded in China. This online commerce business is the set of different sellers –mainly from Asia– that They offer articles of all kinds through the Internet and that reach the whole world. That is why AliExpress must offer different alternatives when making payments.
On the other hand, although the platform offers different alternatives when making payments for items over the Internet, You should always check that the seller you choose has among its alternatives the payment method you have chosen. With that said, let's start with the complete list that you will surely find in the vast majority of sellers.
Using credit or debit cards
Perhaps it is the most used method within the platform. Users who buy on AliExpress should not be afraid to use their credit cards. The platform offers guarantees of online payments. These can be VISA, MasterCard, American Express or Maestro. Likewise, the banks that also offer them, AliExpress also allows you to pay with debit cards or wallets.
However, using this method, it may be more complicated to recover the money in the event of a dispute or claim. In the same way, you should always take a look at the comments of other buyers and the total ratings that the chosen seller has.
PayPal – put aside your credit card
Another of the widely used methods on AliExpress – and on the Internet in general – is the one that refers to PayPal. It is a payment method in AliExpress that will allow you to guarantee that everything goes well during the entire transaction.. And if you are wary of entering credit card details on the platform, PayPal may be a good alternative.
PayPal works as a payment platform between the seller and the buyer and retains the amount of the purchase until the seller and buyer indicate that everything has been correct. Likewise, the buyer is guaranteed the return of the full amount in case the sale has not gone as expected. Finally, let me tell you that the vast majority of AliExpress sellers have this alternative.
Bizum – the payment method of up to 500 euros
Bizum has spread a lot among users. And it is that this simple payment gateway between mobile phones is one of the most popular. And it has made physical money pass away. Believe it or not, Bizum It is another of the payment methods in AliExpress.
As you well know, the payment limit is 500 euros -If it is a higher amount, you should resort to a bank transfer. Furthermore, this method is only valid from a computer browser. The steps to follow are indicated by SMS and you must make the payment to the indicated number. It may be a very easy method to handle, but since it is done outside of the AliExpress platform, its reliability is inferior to other alternatives.
Google Pay or Apple Pay – two fast methods from a mobile
If you have configured in your smartphone the mobile payment platforms; that is to say: from Google (Google Pay) or from Apple (Apple Pay), many of the sellers of AliExpress also offers you the possibility of making payments through them. It is the same as making payments with a credit or debit card, but without having to enter any card information. Of course, as we have told you, you can only make these payments from a mobile device that has one of the methods configured.
Installment payments using Oney
If you live in Spain, AliExpress has added another method for your online payments. And it is that although many of the items offered through this online store have a very low price, some of them have a sale price that can easily amount to over 150 euros –or more–.
Perhaps this amount for many users is an inconvenience when making direct payments. And that is why AliExpress, in conjunction with the Oney platform, finances your payments in various installments. These can go up to 4 months.
What do you need to postpone a payment through Oney and AliExpress? Have a valid ID and credit card. Now, you should know that interest will be applied to the purchase. Therefore, and if your bank offers you the possibility, first look through your credit card if the deferred payment from your bank offers you lower interest rates.
Bank transfer – minimum amount of 20 euros
We don't forget and neither does AliExpress. Although its use is quite sporadic, the online trading platform also offers the possibility of making bank transfers. This method is for all those who prefer to opt for a more traditional method, although you should know that the minimum amount must be 20 euros or this method of payment will not be accepted.
Although it is a way to make payments with less risk of entering bank details on the Internet, it is also true that it entails a little more movement and less security when receiving a product. That is, the money will arrive, yes or yes, to the seller. Therefore, if something goes wrong during the transaction, you must open a dispute and start claiming to receive your money back.
Western Union – you will need to go to a physical office
Finally, we have left the option that offers the least facilities. It is about using the platform known worldwide: Western Union. AliExpress and the sellers that operate there usually also offer this payment method. It is an option that should be chosen if you do not have a credit card, do not want to enter bank details on the Internet, or if your bank has blocked the option of making payments abroad.
In AliExpress, when selecting the payment method, you will have to click on Western Union and fill out the entire form in full – and without leaving any details in the dark. With this information you will have to go to a Western Union office and make the payment in cash. This method usually slows down the entire transaction, and Western Union also charges interest on the transaction.