Online Payment Solution

What should you look for in an online payment solution?

At OFX, we help online sellers optimise their international operations. Here are our tips to help you choose an online payment solution that’s right for your business.

 

  1. Adaptability. Your business is unlike any other, and your needs may change over time as you evaluate different pricing models and international opportunities. Choose an online payment solution that can adapt with your changing business needs by offering a customisable suite of different payment methods.

  2. Flexibility. If if you only accept credit cards at the moment, make sure you find an online payment solution that is able to accept different payment methods. You want a provider who is constantly looking for new ways to assist your customers in simplifying their online payments.

  3. Integration. You and your customers will benefit from a company that uses API integration to offer additional services that can boost your bottom line. Look for a company that uses strategic partnerships to help you gain a competitive edge.

What else do you need to know?

Small improvements can make a big difference to your profit margins. If you’re selling overseas and collecting revenue in foreign currencies, bringing your money back home could be costly.

 

While popular selling platforms like eBay and Amazon are charging anywhere from 3-4% to transfer foreign currency, OFX has come up with a better solution: one that will keep more money in your business account, where it belongs.

SWIFT IBAN Code

Save up to 75% when you bring your money home.*

At OFX, we charge 1.5% or less when you’re transferring money from an international sale. So if you’re making $200,000 in sales in a month, you could save $5,000 by creating an account with us. Plus you can make same currency payments to your suppliers and save on conversions costs both inbound and outbound.

 

Our Online Seller accounts can be used with large online marketplaces like Amazon, Groupon, Shop.org, and Rakuten as well as independent online payment solution providers. Plus, signing up is a snap, so you can start saving money right away.

Go ahead. Expand into new global markets.

With international expansion, you can reduce seasonality and profit from trends in foreign locales. OFX can provide you with local receiving accounts in USD, EUR, AUD, HKD, CAD, JPY and GBP. And we can settle to 55 different currencies. So if you end up growing into a new market, you can rest assured that we’re probably already there. 

 

With OFX, your payments will be delivered swiftly and securely, and we work 24/7 to provide you with support whenever you need it. 

 

If you’re tired of paying too much money just to have your international payments transferred, register for the OFX Online Seller Solution and start keeping more of your hard-earned cash.

 

 *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.