Online Retail Business
Expanding your e-commerce shop into the international marketplace is a desirable way to boost profits and grow your business. But when you start to see how much money you’ll pay just to have foreign currencies converted and transferred to your domestic account, it’s rather shocking, isn’t it?
Imagine working diligently to make $200,000 in overseas revenue. Now imagine having to pay Amazon’s 3.9% cross-border payment fee to bring that money home. You’d have to give up $7,800 of your hard-earned profits. At OFX, we think that’s excessive, so we’ve come up with a better solution.
What Can OFX Do for Your Online Retail Business?
If your e-commerce business is selling internationally, we think you should retain more of your profits and keep growing. That’s why we charge 1.5% or less to bring your payments home, which means you can save up to 75% by using OFX.*
If your global e-commerce business earned the same $200,000 and used our online payment solution, you could save around $5,000 by using OFX. And there’s a lot that you can do with $5,000--like hire a masseuse for the office or bring in a dedicated yoga consultant. Namaste, dude. Namaste!
With OFX, you not only save your hard earned dough, you can reduce your exposure to currency volatility, so you can focus on your e-commerce business. More importantly, your cash flow stays predictable, so you can retain inner peace. That’s a lot of benefits for one simple sign up.
OFX Offers Holistic Benefits
It’s free and easy to open an OFX online seller account, and there aren’t any fees involved with keeping it open or expanding to new markets.
We provide 24/7 service and support. Have a question at midnight? Making a transfer at 3am? We’ve got you covered. You’ll never get treated like a number with OFX.
Our service is compatible with the largest online marketplaces, including Amazon, Groupon, Shop.org, and Rakuten.
Funds are transferred securely and swiftly, and you won’t incur any outgoing fees from us.
We can provide you with local receiving accounts in USD, CAD, GBP, EUR, HKD, JPY and AUD. Plus, we can settle to 55 different currencies.
Are you ready to expand your online retail business and save money on foreign transfers? Sign up today, and make the enlightened switch to OFX.
*Average savings based on a sample of published transaction fees for cross border payments provided by Amazon and PayPal dated 8.24.16. Quoted savings are not indicative of future savings. Third party intermediary fees may apply.