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Topic # 85445 19-Jun-2011 20:46
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Hey

My question is related to bank services with online selling in US dollars.

So I have online store almost ready to be put up.
It will be a ".co.nz" for New Zealanders, but I would like to sell in US dollars.
This way I can sell as cheap as possible without having to worry about exchange rates putting some products cheaper than cost price, and would be a lot less work with price editing.

Is it possible to accept money through a credit card payment in US dollars and retain it in US dollars, without it being converted into NZ dollars?

Like having an account set up to receive/deal in US dollars?

I would like to use ASB, but any bank should be fine.

Also, if anyone knows, is this possible with Paypal as well?

Thanks
Ryan

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  Reply # 482919 19-Jun-2011 20:51
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Yes use paypal and it will do it fine, you can use their free system so you only pay a fee when you make a sale (2.5% + 50cents i think)

Or you could set up a merchant account with them and accept credit cards without leaving your site(provided you have an ssl certificate).

Either way the money stays in US dollars.


Just a point though, if i was buying from a NZ site i would want to pay in NZD.
If i was going to be paying USD i would buy from overseas and get it cheaper.

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