Payment Method

Effective Date:October 1, 2023

1. Introduction

Welcome to Huzhou Dollar Favor Co., Ltd. (“we”, “us”, “our”, or “Dollar Favor”). This Payment Method policy explains how we process payments and the methods we accept when you make a purchase on our website https://www.dollarfavor.com/ (the “Site”). Please read this Payment Method policy carefully. If you do not agree with the terms of this Payment Method policy, please do not make a purchase on the Site.

2. Accepted Payment Methods

We accept the following payment methods for international transactions:

• Telegraphic Transfer (T/T):
  • Advance Payment: A certain percentage of the total amount is paid upfront via bank transfer before shipment.
  • Letter of Credit (L/C): Payment is guaranteed by a bank under specific terms and conditions.
  • Deferred Payment: Payment is made after shipment, within a specified period.
• Letter of Credit (L/C):
  • Sight L/C: Payment is made immediately upon presentation of documents.
  • Usance L/C: Payment is made after a specified period upon presentation of documents.
• Collection:
  • Documents against Payment (D/P): Documents are released to the buyer upon payment.
  • Documents against Acceptance (D/A): Documents are released to the buyer upon acceptance of a bill of exchange.
• Electronic Payment:
  • PayPal: Payment is made via PayPal account.
  • Alipay: Payment is made via Alipay account for Chinese customers.
  • Western Union: Payment is made via Western Union for small transactions.
• Bank Guarantee:
  • Performance Guarantee: Bank guarantees the seller’s performance of the contract.
  • Advance Payment Guarantee: Bank guarantees the seller’s performance after receiving advance payment.
• Cash Payment:
  • Cash on Delivery (COD): Payment is made in cash upon delivery for small transactions.
• Credit Insurance:
  • Export Credit Insurance: Insurance covers credit risks for export transactions.
• Installment Payment:
  • Installment Plan: Payment is made in installments over a specified period.

3. Payment Processing

All payments are processed through secure and trusted third-party payment processors. We do not store your credit card or bank account information on our servers. The payment processors we use comply with the Payment Card Industry Data Security Standard (PCI-DSS), which is a set of requirements designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment.

4. Currency

All transactions on our Site are processed in [Insert Currency]. If you are making a purchase from a different currency, the amount will be converted at the current exchange rate by your bank or payment processor.

5. Taxes and Fees

Prices displayed on our Site are inclusive of all applicable taxes. Additional fees, such as shipping fees, may apply and will be clearly displayed before you complete your purchase.

6. Refunds and Cancellations

If you need to request a refund or cancel an order, please contact our customer service as soon as possible. Refunds will be processed according to our Refund Policy, which can be found on our Site.

7. Security

We take the security of your payment information seriously. Our Site uses Secure Socket Layer (SSL) technology to encrypt your payment information during transmission. We also regularly review and update our security practices to protect against unauthorized access, alteration, disclosure, or destruction of your personal information and payment data.

8. Changes to This Payment Method Policy

We reserve the right to amend this Payment Method policy at our discretion and at any time. When we make changes to this Payment Method policy, we will post the updated notice on the Site and update the notice’s effective date. Your continued use of the Site following the posting of changes constitutes your acceptance of such changes.

9. Contact Us

If you have questions or comments about this Payment Method policy, please contact us at:

Huzhou Dollar Favor Co., Ltd.
F3-90, Huzhou International Commodity City, No. 1881 Second Ring West Road, Huzhou City, Zhejiang Province
Email: [email protected]
Phone: +86-152-6785-6998