Payment methods for your dropshipping supplier with WordPress

If before it was not always easy to start selling for many reasons that require a large investment. And also the risk of not being able to recuperate what you have invested. Today, thanks to dropshipping, there is a solution that allows you to start your own business without having a large amount of capital at your disposal. In our guide, you will discover the methods to use to pay your supplier on wordpress. 

Traditional banking methods for paying the dropshipping supplier

When you decide to create your e-commerce site, you have several options for paying your dropshipping supplier. Indeed, everything depends on your habits. Therefore, you can perfectly choose the payment methods offered by a financial institution to pay your supplier. In any case, it is possible to use a credit card, a bank transfer or a cheque to pay your supplier. The last two processes will, however, delay the delivery of the purchases, as the supplier will only proceed with the dispatch of the parcels once payment for the items has been received. Some dropshipping suppliers like dropizi even accept direct debits. But under certain conditions. If you are wondering how your dropshipping supplier is paid, you should know that your subscription is the counterparty that is the payment for his services. In addition to this monthly or annual fee, they take a commission on the sales you make. But everything depends on the CMS you have selected. For dropshipping with wordpress for example, the commission varies between 0.50 and 2% for each transaction. But it depends on your price plan on the site. 

Paying your dropshipping supplier via PayPal

PayPal is very popular for financing online purchases. If you're still wondering how to pay your dropshipping supplier, this is a solution you may want to consider. Like dropizi, wordpressdis has a plug-in you can use to integrate this method to pay your supplier. PayPal offers several advantages:

• Security. With this payment tool, you do not need to provide your bank details to complete the transaction. All you need is an email and a password and that's it. This way, there is no risk of your sensitive data being stolen.
• Convenience. This is a payment method that countless online retailers accept. 
• Speed. Indeed, if you make a purchase on a working day, the transaction is done immediately. Otherwise, it will take 2 days to validate the payment.

With PayPal, you no longer need to wonder how to pay your dropshipping supplier. If they accept this method, you can pay them without any hassle.

Using stripe to pay a dropshipping supplier

With Stripe, you can also make payments to your dropshipping supplier. This is a very innovative method as it does not require the intervention of your bank to make the payment of your purchases. But what is also an advantage with this platform is that you can use it to trade with your own customers. With Stripe, you also have access to various options to facilitate your financial transactions. Indeed, it is compatible with a bank card or a digital wallet. And it integrates seamlessly with Wordpress. This will allow you to easily collect payments from your customers. Another positive point of Stripe is its fixed commission for each transaction of 1.4% + €0.25 if you use a European or French card. For a non-European card, it is 2.9% + €0.25. But to satisfy all its buyers, the platform offers a personalised quotation for sellers who can achieve more than €30,000 in transactions per month. So if you are still looking for a way to pay your dropshipping supplier. This is a solution that will meet your needs.

Amazon pay for paying your dropshipping supplier

You can also opt for Amazon Pay to pay your dropshipping supplier. Of course, you must ensure that your CMS accepts this method before using it for your financial transactions. The method will also reassure your customers about your reliability. The plug-in integrates the fraud protection that you can find on Amazon. This helps to make all your transactions secure. In addition, during the payment process, buyers are not redirected to another platform. This will help you to retain them more easily. They can also use their Amazon login details to pay their bill. This is very convenient, because this way they don't have to remember their credit card details. So it's a very simple method for everyone to use.

Conclusion

To select the right way to pay your dropshipping supplier, you should first of all refer to your habits and those of your customers. This way, it will be easier to pay for purchases. Of course, you must ensure that the CMS integrates the method you want to use. To facilitate the creation of your online sales platform and to access a better choice of products, use Minea.

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