[Need Help] Droshipping Cash Flow Problems

Saphire89 · Nov 15, 2018

Hello awesome IMers, i have been in this forum for a quite while . I have read a lot of methods and wanna start my journey on dropshipping. How to manage funds to fullfill an order when money is locked in my account.

Say if our mod BTB (joking) orders a product from my site how do i fullfill the order in Aliexpress to send him the product because paypal wont let touch the money in my account for few days.

Do I have to wait till paypal allows me to use the cash for fullfilling the order or do I have any other /better options now?

Please suggest me a best way

P.S : I searched on forum but dint find a better solution

ExOkami145 · Nov 15, 2018

Wait till the money releases from PayPal, then use a faster shipping method to compensate for the time PayPal has held the funds. However, this should only happen for the first few transactions if it's a new PayPal account, try to make some small transactions on the account first. That will help.

DeanFieldz · Nov 15, 2018

something alot of the dropshippers on youtube leave out. if you dont have the cash flow to front it til paypal pays you then you will have to just wait a few days to ship the order til you are paid. then just try making up time by choosing a fast shipping method.

izkech · Nov 15, 2018

Does Aliexpress accept PP as payment method ? i dont' think so.

Saphire89 · Nov 16, 2018

DeanFieldz said:
something alot of the dropshippers on youtube leave out. if you dont have the cash flow to front it til paypal pays you then you will have to just wait a few days to ship the order til you are paid. then just try making up time by choosing a fast shipping method.

Thanks for ur reply mate. Is there any other payment processor that would help?

ExOkami145 said:
Wait till the money releases from PayPal, then use a faster shipping method to compensate for the time PayPal has held the funds. However, this should only happen for the first few transactions if it's a new PayPal account, try to make some small transactions on the account first. That will help.

Thank you pal. Will try

izkech said:
Does Aliexpress accept PP as payment method ? i dont' think so.

Is that true . Then what payment processors does dropshippers use? Im a newbie though searched google there are a lot like
Stripe
Skrill
2Checkout
Authorize
Im not sure how things work. btw i m not from US. I got only a minimal budget. What Payment processor would u recommend for dropshipping?

Thanks pal for the info.

ExOkami145 · Nov 16, 2018

Saphire89 said:
Thanks for ur reply mate. Is there any other payment processor that would help?

Thank you pal. Will try

Is that true . Then what payment processors does dropshippers use? Im a newbie though searched google there are a lot like
Stripe
Skrill
2Checkout
Authorize
Im not sure how things work. btw i m not from US. I got only a minimal budget. What Payment processor would u recommend for dropshipping?

Thanks pal for the info.

I would recommend using PayPal and Stripe for credit cards. Yes, you will have to wait till you are paid from stripe to place the orders but just compensate this with a faster shipping service or if you don't and customers ask where their item just explain it had to be shipped out from a different warehouse because of low stock at your other warehouse.

TiagoS · Nov 16, 2018

You use a credit card. Simple as that.

Saphire89 · Nov 16, 2018

ExOkami145 said:
I would recommend using PayPal and Stripe for credit cards. Yes, you will have to wait till you are paid from stripe to place the orders but just compensate this with a faster shipping service or if you don't and customers ask where their item just explain it had to be shipped out from a different warehouse because of low stock at your other warehouse.

yeah pal .. will go by this

Saphire89 · Nov 16, 2018

TiagoS said:
You use a credit card. Simple as that.

Getting a credit card is quite hard in my country. will have a look on getting a credit card.
Thanks pal

[Need Help] Droshipping Cash Flow Problems

Saphire89

Registered Member

ExOkami145

Newbie

DeanFieldz

Regular Member

izkech

Senior Member

Saphire89

Registered Member

ExOkami145

Newbie

TiagoS

Supreme Member

Saphire89

Registered Member

Saphire89

Registered Member

Main Menu

Marketplace

Making Money

BlackHat World