International buyers and suppliers may cheat each other on B2B business websites

B2B business platform is a good place for developing foreign trade, since international buyers may find out good suppliers and suppliers can also find correct international buyers in the end.

But both sides need more cautions in developing foreign trade business on B2B platforms.

Some international buyers may take advantages of credit in the past to cheat suppliers.

For example, a Chinese supplier who have done several international business transactions with the international buyerï¼have been cheated by the buyers in the end. In the last case, the buyer asked for settling payment after receiving the products, which is not good for suppliers. Butt the supplier thought that they have completed foreign trade several times in the past. Good credit made them accept the payment. So after the buyer received the goods they declined to pay for the goods and cut down all the communications with the supplier.

Some suppliers may also cheat international buyers on B2B platforms. Supplier may post better pictures of the products and better description on the website and the international buyers may complain a lot about inferior quality or the products they received are not the same as they have negotiated with the suppliers.

We can not take negative attitude on foreign trade business on B2B portals although there are many cheated cases revealed on the internet.

We need to take positive attitude on foreign trade business conducted on B2B websites since E-business market is booming nowadays. B2B, B2C, C2C E-business market faced challenges and opportunities.

As an innovative B2B websites, IBUonline launched foreign trade entrustment service, which may prevent cheating in international trade on B2B business platforms.