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Disbursement Solutions for Marketplace Sellers

22nd Feb 2021
Brought to you by
World First logo
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WorldFirst

Doing business globally shouldn’t be complicated. As we accelerate our mission to make it easy to do business anywhere, WorldFirst are proud to introduce a whole host of exciting new enhancements to our World Account platform, making it easier for Marketplace sellers to repatriate sales proceeds.

Committed to championing small to medium sized businesses (SMEs), our new and improved World Account offers a more intuitive service that has significantly improved its usability. Our product features have been designed to help online and marketplace sellers, receive international funds and make same-currency and cross-currency payments faster and easier, giving our customers more control than ever before.

Your easy alternative to a Bank Account abroad

Free to open and maintain, the World Account is the simple way to collect, convert, and make payments locally, practically anywhere in the world.

Making it easier for your clients to do business anywhere

  • Seamless Xero integration for easier account reconciliation
  • Open currency accounts without the need for local banking relationships
  • Hold funds to pay suppliers, repatriate, and make international payments
  • Speed up your supply chain with faster same- and cross-currency payments
  • Send mass payments from a single transaction
  • Manage currency risk with flexible hedging solutions
  • Dedicated account managers with 24/5 customer service
  • Low, fixed, transparent pricing

Four ways to use World Account

If your clients regularly receive payments in different currencies from overseas payment gateways and marketplaces, or makes payments in different currencies to international suppliers, then the World Account is the platform you have been looking for. 

Marketplace sellers

If you are making retail sales though international online marketplaces such as Amazon, Rakuten, eBay, Newegg or Cdiscount, receiving funds locally, and want to save on transfer fees repatriating sales proceeds back to a local currency. What’s more, customers can hold currency to pay out to suppliers.

Online sellers

World Account is not just for marketplaces. For customers selling internationally on their websites and repatriating sales proceeds back to a local currency, the World Account is the simple way to collect, convert, and make payments locally, in key markets around the world.

Amazon Associates

Customers making money from affiliate schemes such as Amazon Associates, earning referral fees from Amazon.com, can receive payments in local currency and then bring those earnings home at low fixed rates.

Importers

Send or receive money abroad when sourcing stock. World Account is a fast and secure way to send money internationally with low fees — much cheaper than using a regular bank. Speed up the supply chain with same day availability on 97% of currency pairs actively traded through the platform (cut-off times apply).

 

For more information on how your accountancy or bookkeeping practice can benefit from partnering with WorldFirst, contact the Accounting partnerships team on +44 (0)207 095 0741 or email Simon Smallwood (Senior Business Development Manager, Partnerships) on [email protected]

Unlock their global ambition
 

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