The World Account for Online Sellers
The World Account was developed by Worldfirst for online sellers, as a way to save time and money for sellers who conduct business in multiple currencies. The World Account allows sellers to easily conduct eCommerce currency transfers by opening multiple local currency accounts for free, in GBP, EUR, USD, CAD, JPY, and more. This allows sellers to conduct business like locals, by collecting payments and paying suppliers in local currencies. The World Account allows ecommerce sellers to save money, due to the great currency rates and no monthly or transfer fees for foreign currency transactions. The money they save can allow them to grow by investing the money back into their business. With a connection to various large online marketplaces such as Amazon, eBay, Rakuten, and Etsy, Worldfist makes handling cross-border payments easy for eCommerce sellers
Getting Started with Worldfirst eCommerce Solutions
Getting started with Worldfirst online seller currency transfers is simple. In order to get started with Worldfirst’s World Account for Online Sellers, follow these simple steps:
- Sign Up: When signing up for the World Account, simply determine which countries and in which currency you’ll need a local receiving account. Worldfirst will gather this information, then send you the details of all the receiving accounts you requested.
- Receive Funds: After you have set up your local accounts, simply link the accounts to your various online marketplace seller accounts, and start receiving the funds directly into your Worldfirst account. You can send, receive, and hold funds 24/7 online or through Worldfirst’s mobile app.
- Repatriate your money: With 24/7 access, sellers can access their funds and transfer the money back into their local account when it makes sense and is convenient for them.
Worldfirst and Algopix
When running successful international online businesses, it is important to make informed business decisions from the beginning. This all starts with solid market research as the foundation of your business. With a connection to 16 international Amazon, eBay and Walmart marketplaces, Algopix can help you analyze demand, increase sales, and limit risk. Additionally, Algopix provides a product’s sales volume and gross merchandise volume for the past month, giving you an idea of how many units you will be able to sell of a particular product. Utilizing Algopix insights, along with Worldfirst eCommerce solutions, will set you up for a great deal of success as an eCommerce seller.