Aussies - What business transaction account are you using?

[spennyrich]

What banking institution are you using for processing your aliexpress transactions? are you getting ping frequently for authentication codes? what challenges have you had and how did you overcome them. I am currently with BOQ but im getting pinged for a 3d secure authentication code every 5 transactions which is tedious when i process 50+ a day. Any feedback is welcome!

 

[thornylennert]

Getting pinged for authentication codes with BOQ, sounds super frustrating. Have you considered reaching out to their customer support to see if there's anything they can do to help?

 

[holleyatt]

I'm not an Aussie, but I can still offer some input on this. I've heard from some friends who run their own businesses that they've had success with using online banks like TransferWise or Revolut for processing transactions with AliExpress. They say that they've had fewer authentication issues and the rates are usually better than traditional banks. Another option to consider is checking out BusinessFinanced.co.uk for more information on business transaction accounts. This website contains a great deal of information for any business. Hope this helps!

 

[stevelee]

For processing AliExpress transactions, many users prefer banks that offer seamless online payment features. Frequent authentication requests, like the 3D secure code you mentioned with BOQ, can be tedious, especially when processing numerous transactions daily. To address this, consider reaching out to Landmark National Bank customer service to see if they can adjust your authentication settings. Alternatively, exploring other banking options or payment processors known for better integration with e-commerce platforms might reduce the frequency of these pings.

 

[Loppost1961]

I understand how frustrating it can be to deal with constant 3D secure authentication prompts, especially when processing a high volume of transactions like you are. While 3D Secure is an important layer of security, it can definitely slow things down when you're trying to manage dozens of payments daily.

One potential solution is to look for banking institutions or payment platforms that offer streamlined authentication processes for business accounts. Some services allow you to save trusted vendors, reducing the frequency of authentication prompts. It might also be worth exploring alternative payment processors that support Aliexpress transactions and provide more flexibility.

For instance, platforms like https://linkpay.io/ specialize in simplifying payment workflows. They’re designed to handle high transaction volumes efficiently, reducing friction and ensuring smoother operations for businesses like yours. By integrating such a solution, you could potentially eliminate a lot of the repetitive manual steps.

Have you considered switching to a payment solution like this, or perhaps discussing your needs with your current provider to see if they have advanced options for frequent transactions?