How do I receive money from eBay with the World Account?
Connect your eBay seller account to your World Account and simplify your cross-border collections
Key takeaways
- WorldFirst is a global payment provider that simplifies cross-border payments for eBay sellers
- You can collect earnings from regional eBay marketplaces like the US, UK, Europe, Japan, and Australia
- Linking your eBay seller to a World Account lets you open 10+ local currency accounts and receive payments from customers worldwide
Introduction
Setting up an online storefront on eBay is easy. But, expanding into different regions worldwide while maintaining healthy profit margins can be challenging.
International transaction fees and high currency conversion rates can hurt your profit margins if you don’t have the right payment partner.
WorldFirst simplifies cross-border payments for eBay sellers. If you sell on various international eBay marketplaces, you can withdraw funds from multiple currencies with your World Account.
Take a look at how to connect your eBay seller account to your World Account.
Table of Contents
Why WorldFirst?
WorldFirst offers local currency accounts in 40+ currencies with competitive exchange rates so you can sell like locals even when operating overseas.
- Collect earnings from regional eBay marketplaces like eBay US, eBay UK, Amazon Europe, eBay Japan, and eBay Australia. With a World Account, you can open 15+ local currency accounts
- Hold the funds in original currency and convert them at any time at competitive exchange rates. With a World Account, you can send and receive payments in 40+ currencies
Steps to link your eBay seller account to your World Account
1. Open a World Account
Businesses based in Australia can directly open a World Account by registering and uploading the required documents. Opening an online account only takes minutes.
You can also reach out to us for help and our local team is happy to speak with you.
In Australia
1800 744 777
Outside Australia
+61 2 8298 4990
*Mon. – Thurs. [8am — 6pm] AEST/AEDT time
Fri. [8am — 5.30pm] AEST/AEDT time
2. Get your local bank account details
With a World Account, you can open various international currency accounts almost instantly, allowing you to do business like a local, even when you operate overseas.
You need to first set up a Receiving Account in the corresponding currency of your eBay payout currency.
- On your World Account dashboard, go to the Collection tab.
- Click Manage Accounts > Add a New Receiving Account.
- Select the currency of your marketplace.
Once the account is set up, you can click details to get the account details, including the bank account number and a sort code.
3. Go to eBay Seller Hub
Open the eBay Seller hub > Go to the Payments tab
- Click on Add and follow the steps to add your new eBay payout method.
- Copy and paste the Receiving Account details from WorldFirst Receiving Account. The banking information required will depend on the location.
- Amazon Australia: Add account number, name of the account holder, and BSB code
- Amazon US: Add the account number along with the routing number
- Amazon UK: Add the bank account number and sort code
- Amazon Europe: Add the IBN and BIC
Note: You can set your eBay payout schedule to daily, weekly, biweekly, or monthly
In case you have already set an automated payout schedule and you need funds sooner, you can also initiate payouts on demand. Though daily payouts are the fastest way to get paid through eBay.
4. Get paid on eBay with WorldFirst
After receiving eBay earnings in your World Account, you can convert it to any other available currency or hold the funds for now. There is no limit to how much funds you can receive in different currency accounts.
Collect payments from 100+ marketplaces with one World account
Collect and manage funds locally from international marketplaces and keep more of your marketplace profits with a World Account.
- Open 15+ local currency accounts
- Pay suppliers and partners in 40+ currencies without any hidden fees
- Get competitive foreign exchange rates with no hidden fees
- Lock in exchange rates for up to 2 years to manage currency risks
Disclaimer: The information contained is general only and largely our views. Before acting on the information you should consider whether it is appropriate for you, in light of your objectives, financial situation or needs. Although information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions, estimates, mentioned products/services and referenced material constitute the author’s own judgement as of the date of the briefing and are subject to change without notice. WorldFirst shall not be responsible for any losses or damages arising from your reliance of such information.
- Open 15+ local currency accounts with local account details
- Direct CNH payments to 1688.com
- Pay suppliers, partners and staff in 40+ currencies and 130+ destinations
- Collect secure payments from 100+ marketplaces and payment gateways, including Amazon, AliExpress, Paypal and Shopify
- Lock in currency conversion rates for up to 24 months
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Take a look at how WorldFirst allows businesses to make easy, fast and secure cross-border payments.
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- Almost 1,000,000 businesses have sent USD$150B around the world with WorldFirst and its partner brands since 2004
- Your money is safeguarded with leading financial institutions
