E-Commerce Merchant Solutions

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Boost your profits by delivering your product to a global audience. Diving into the international marketplace is a great way to take your online shop to a whole new level. When you go international you can take advantage of shopping trends in different parts of the world and reduce seasonality. Who wouldn’t want that?

 

At OFX, we want to support international online sellers, so our e-commerce merchant solutions are designed to help you keep more of your earnings when you bring your money home.

What other selling platforms charge

Sites like Amazon, Rakuten and Groupon are great because they allow you to sell internationally and fulfillment programs like FBA make expanding to new markets so much easier than it used to be. Unfortunately, when you have foreign payments transferred to your domestic account, marketplaces like Amazon will take a 3.9% cut every time.

  

While 3.9% may not seem like a whole lot at first, it adds up. For example, if you make $10,000 in sales one month, you’d have to pay $390 in fees and margins. Make those sales figures for 10 months in a row and you’re paying $3,900. Ouch.

 

Bringing your money home at standard marketplace rates can be expensive. At OFX, our e-commerce merchant solutions allow you to easily expand to new markets and to keep more of your earnings, so you can grow your online business and reach the global audience you want.

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What you can expect from OFX

At OFX, we’ve come up with a better option, because we believe that your best ideas shouldn’t be held back by international borders.

 

When you use OFX to transfer payments to your account, our margins are under 1.5%, which means you can add up to 2.5% to your bottom line.* Following the example above, if you made the same $10,000 sale and transferred your money at our 1.5% rate, you’d only pay $150. So if you made that sale 10 times, you’d save $2,500 by using OFX. We think your business needs that money more than Amazon does, don’t you agree?

Open your OFX account in minutes

With one simple signup at OFX, you’ll enjoy swift, reliable, secure transfers 24/7. We offer foreign currency accounts in 7 currencies: USD, AUD, CAD, EUR, GBP, JPY and HKD. When you’re ready to expand to a new market, all it takes is one phone call. You can even make same currency payments to overseas suppliers to save even more.

 

Sign up today, and build your international empire the smart way.  

 

*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.