Does Amazon Mexico accept payments in US dollars? How do I receive payments?

Does Amazon Mexico accept payments in US dollars? How do I receive payments?

Amazon's Mexican site is one of the North American sites. Merchants who run this site will also consider asking him about the currency value of the payment. Will the Mexican site receive US dollars? This is also very important for merchants, after all, it involves the issue of exchange rate conversion.

How to receive payment?

At present, the payment for Mexico is based on Mexican pesos. Of course, you can also bind Payoneer for payment. Now in the United States, the payment is mainly in US dollars.

How to sell on Amazon Mexico?

To start selling in Mexico, you can simply turn on international shipping for your listing, but this may not give your listing enough exposure.

Pro Tip: Shoppers often prefer to buy from their home country, so unless you open a "North American Account," it will be difficult or impossible for many people to see your listings, regardless of whether you ship to consumers. A "North American Unified Account" will allow you to sell products on all North American marketplaces - the United States, Mexico, and Canada.

If your account uses a newer port, it may have been approved. To confirm this, just check the language switcher in the dashboard to see if other points appear. If not, you can apply for a "North American Unified Account" through Asian customer support. Once approved, you can start selling.

What should I pay attention to before starting to sell in Mexico?

One of the most important things you need to consider before you start selling or supplying products is how you will handle customer service requests and how you will accommodate customer returns and exchanges.

Previously, many sellers in Mexico have pointed out that packages are often delayed or even lost when selling in Mexico. In order to cope with these emergencies, it is necessary to establish an infrastructure, including personnel to handle service requests, repack, replace and send products.

In addition, there are some details that need to be paid attention to when selling ink stations:

1. Transportation costs. When expanding to ink stations, costs will naturally rise, especially if they are shipped from domestic locations. It is recommended to use FedEx, IPS, etc. for delivery, which will inevitably lead to increased transportation expenses.

2. Tariffs and other fees, therefore, you need to have a full and comprehensive assessment of the product costs before you start selling. Note that you also need to take currency conversion costs into account. If you plan to use the currency conversion function, you must include the corresponding fees, and a 3% fee will be charged for each transaction.

In fact, the Mexican site mainly accepts Mexican pesos, but it can also accept US dollars. It depends on what the merchant’s requirements for currency are and what they consider the exchange rate. Of course, if you want to accept US dollars, that’s fine, but if you use social currency conversion, there will also be a fee.

<<:  What is the Amazon trademark registration process like? How to pass it?

>>:  What is the Amazon Trademark Registration Number? What is going on?

Recommend

How to ship large items on Shopee? What are the operation skills?

More and more merchants are opening stores on the ...

Why do celebrities compete to be the top store explorers?

In today's social media era, celebrities are n...

Is Amazon suitable for novice sellers? Which category should I choose?

With the rise of e-commerce, more and more people ...

It’s worth it for all brands to redo their search marketing on Xiaohongshu!

More and more users will choose to use Xiaohongshu...

With low prices and weak reach, is Douyin e-commerce approaching Pinduoduo?

Recently, Douyin has made important changes to the...

What does an Amazon merchant manager do? What is an account manager?

Today I will introduce you to the content of Amazo...

How to register a parent-child account on Shopee? What is the method?

There are many merchants opening stores on the Sho...

What should I do if I cannot log into Amazon Seller Central? Why?

After Amazon merchants open a store, if there is a...

How to ask for good reviews on Shopee? What to do if you get bad reviews?

Everyone who does Shopee knows that customer revie...

Does Amazon have any requirements for sku? How to set it?

Amazon has strict regulations and requirements for...