Procurement and Negotiation

Buyers can search for products or suppliers on After selecting a supplier, the buyer can negotiate the terms of the purchase order with the supplier on, reach an agreement, and sign an electronic procurement contract with the supplier.

Product management provides two dedicated files (in Buyer Center) for you to manage your products.
Public Product Folder : For any product displayed by the supplier on, the buyer can select and collect it into the "Public Product File" by clicking the Collection button.
Private Product Folder : For products that are still confidential from the supplier and have not been shown to the public (such as OEM or ODM products), the buyer can negotiate with the supplier and obtain their approval. Buyers can then find the details of these customized items in the Buyer Center.
All products in both files can be traded and managed on

Electronic Procurement Contract

1. The buyer issues an electronic purchase order to the supplier online.
2. The supplier will find the electronic purchase order in the supplier center, and then draft a formal electronic purchase contract according to all consensus with the buyer and send it back to the buyer.
3. The buyer reviews and confirms the electronic procurement contract online in the buyer center.
Please note: A confirmed e-procurement contract is considered basic formal evidence of a transaction.

Fulfilling e-procurement contracts

1. Expert Advisor

Expert Advisors (STS) protect transactions in the following ways:
1.1 Buyer makes payment to K100PAY.
1.2 temporarily retains the payment for the goods until the transfer of the goods rights is completed.


K100Pay is a multi gateway payment service system specifically provided by K100B2B for buyers and suppliers, aggregated through multiple foreign exchange settlement platforms.

3.E-procurement contract fulfillment

Once the buyer and seller confirm the e-procurement contract on, the buyer and seller are deemed to have formally agreed:
3.1 use an Expert Advisor to fulfill their e-procurement contracts;
3.2 Use K100Pay as a payment and settlement tool.

4.Payment settlement

4.1 Payment: allows buyers to make a one-time payment to K100Pay.
Please note: If the buyer fails to pay in full, the transaction cannot be completed.
4.2 Settlement: entrusts K100Pay to release payment to suppliers in strict accordance with the electronic procurement contract.

5.Buyer payment process

Pay to the bank trust account specified on the k100b2b platform.
Please note:
5.1 - The buyers payment shall be equal to the amount requested by K100Pay. Overpayment and underpayment will cause the transaction to fail, and all the resulting refund costs will be borne by the buyer.
5.2 - Buyers can use the payment channels provided by K100Pay to pay funds to the platforms bank trust account. All handling charges incurred shall be borne by the buyer.
5.3 - In the case where the buyer and the seller agree on a 0% deposit (that is, the balance is paid in full), the supplier shall deliver the goods before the agreed delivery date and bear the relevant risks.

6.Supplier settlement process

Settlement rules
6.1 temporarily keeps the payment during the transaction, and informs K100PAY to release the payment after the warehouse operator transfers the ownership of the goods according to the electronic contract. Once the payment is released to the supplier, it is deemed that both parties have completed the execution of the transaction in accordance with the electronic procurement contract. That is, the buyer agrees to waive the right to initiate disputes and refunds.


Port of departure

All shipments (whole shipments) must be sent to a designated Chinese warehouse, which will perform the following processes:
1 ) Scan barcodes and issue goods receipts to suppliers.
2 ) Quality Inspection and Points (Optional)
3) Weigh and measure by carton or piece.
4) Assembled into a sea container or delivered to an international courier company according to the buyers instructions.
5) Go through customs clearance procedures.

Please note: cross-checks the data in the packing list (provided by the supplier during customs clearance), the goods receipt and the electronic purchase contract, and ensures that the data in the packing list and the goods receipt is consistent with the data in the electronic contract . (If there is a discrepancy between the data in the packing list and the goods receipt and the data in the electronic contract, the supplier should reconfirm with the buyer and revise the relevant documents accordingly.) As a value-added service, the buyer can specify for the entire goods Carry out a certain percentage of inspections.

Delivery at the port of destination:

For FCL (all goods purchased by one buyer), the buyer can pick up the goods directly from the port.
For LCL goods, the buyer must pick up the goods from the designated warehouse through

Trade Visualization Solutions

Buyers can track and understand the order status in the buyer center, including payment, delivery, China customs release, shipment, arrival at the destination port, etc.
Buyers can also inquire about relevant documents, such as cargo receipts, bills of lading (issued by freight forwarders or logistics companies at the port of origin), and documents required by the customs of the destination country, such as packing lists, commercial invoices, etc.
Please feel free to contact us: