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

The autumn recruitment of the 2000s has its own era bonus

In the autumn recruitment season of 2024, the post...

Several misunderstandings and solutions for Xiaohongshu advertising

Xiaohongshu has become a new frontier for new cons...

Is Amazon's payment pure profit? How to withdraw cash?

For Amazon merchants, once a consumer places an or...

How can I check the ranking of Wish Store? How long is the store review cycle?

As a world-renowned cross-border e-commerce platfo...

Discussing the 3C strategic triangle model

The 3C strategic triangle model covers three major...

With a set of "the same product as Lei Jun", can Vancl be revived?

"Can Vancl return to the mainstream of Intern...

Data analysis report, how to write the [Suggestions] section?

How to make effective strategic suggestions in dat...

Should Shopify only have one product or multiple ones? How does Shopify operate?

Shopify is a very popular independent website nowa...

Bawang Tea Princess has no "seven-year itch"

In today's increasingly fierce competition in ...

What is the Amazon Returns Provider Program and why should I use it?

The return issue of Amazon US seller-fulfilled (MF...

How does shein platform deliver goods? Introduction to platform delivery rules

As the global e-commerce market continues to expan...

The bad news about 618: low prices “failed” and platforms “took detours”

During this year’s 618, all major platforms have t...