What is cross-border e-commerce?

Cross-border e-commerce refers to an international commercial activity in which transaction entities belonging to different customs borders complete transactions and settle payments through e-commerce platforms, and deliver goods and complete transactions through cross-border logistics.

Cross-border e-commerce is developed based on the Internet. Compared with physical space, cyberspace is a new space. It is a virtual but objective world composed of URLs and passwords. The unique value standards and behavior patterns of cyberspace profoundly affect cross-border e-commerce, making it different from traditional transaction methods and presenting its own characteristics.

What is cross-border e-commerce?

The main categories are:

  1. From the perspective of import and export, it is divided into: export cross-border e-commerce and import cross-border e-commerce.
  2. From the transaction mode, it is divided into: B2B cross-border e-commerce and B2C cross-border e-commerce.
  3. In 2013, E-Trade proposed that cross-border e-commerce is divided into general cross-border e-commerce and E-trade cross-border e-commerce.
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Challenges of cross-border e-commerce:

First, there is an urgent need to establish a legal system for cross-border e-commerce. The impact of cross-border e-commerce on international trade laws is mainly caused by the imperfect laws applied to international trade today. The formulation of relevant legal systems in our country lags far behind the development of the information industry. Therefore, an urgent problem that needs to be resolved is to formulate some corresponding e-commerce laws to resolve various disputes that occur in e-commerce.

Second, credit evaluation and labeling urgently need to be unified. E-commerce has virtual characteristics. It not only has the risks of traditional business activities, but also has its own unique characteristics of openness, globality, low cost, and high efficiency. The behavior of both parties to the transaction and the behavior of market intermediaries are extremely uncertain, and untrustworthy behavior is more prominent in the field of e-commerce.

Third, online payment requires a secure environment. Electronic payment is a necessary condition for international e-commerce and an important link for the realization of transactions. If there is no third-party payment, there would be no e-commerce industry today. Cross-border e-commerce is also inseparable from third-party payment. Therefore, the internationalization of third-party payment has become an important condition for occupying the future consumer market.

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