STS ( Smart Transaction System ) :
An online transaction system empowered by digital data in trading process
Online trading system that uses digital data authorization in the transaction process
Protect and safeguard your orders on Toyplants.com
STS protects and secures online orders when paying via eTradePay.com
The mechanism of STS ( Smart Transaction System )
1
Buyer and Supplier confirm e-Contract on Toyplants.com
Buyer places purchase order to supplier Supplier confirms e-Contract with Buyer
2
Buyer pays deposit to Toyplants.com via eTradePay before loading at port of shipment
3
Suppliers deliver to Forwarders who are registered with Toyplants.com and have signed digital integration agreements.
4
Buyer pays the balance to Toyplants.com through eTradePay before picking up the item at destination
5
Toyplants.com releases payments to Supplier after pickup.
6
After the buyer completes the customs clearance in Russia, they can pick up the goods in the Russian warehouse.
Remarks: The ratio of deposits and closing balances may be negotiated in e-Contracts.