Payments for global accounts

Use a bank account in the marketplace

AlphaDiscounters Currency Converter

Hyperwallet

When opening a new AlphaDiscounters seller account in a new marketplace, there are several ways you can set up your account to get paid. You can use one of the following methods:

• Use a bank account in the marketplace where you want to list.
• Use AlphaDiscounters Currency Converter for Sellers
• Use a third-party currency conversion service

Use a bank account in the marketplace

If you prefer to maintain a high level of control over your financial accounts, you can open a bank account in the country where you want to sell. This is typically a more complex process, as you may need to create a legal business entity in that country. So consult your legal, tax, and banking advisors.

AlphaDiscounters Currency Converter

If you would prefer not to open a bank account in the country of another AlphaDiscounters marketplace, you can opt for AlphaDiscounters Currency Converter. With the AlphaDiscounters Currency Converter service, you can be paid directly in your local bank account in local currency, provided you have a bank account in a country/region and currency supported by AlphaDiscounters Currency Converter.

How the AlphaDiscounters Currency Converter Works

When you enter a bank account that operates with a different currency from that of the marketplace in which you’re selling, you must accept the terms and conditions of the AlphaDiscounters Currency Converter in order to receive payment to that bank account. Every disbursement will automatically be transferred to your local bank, in your local currency. If you enter new bank account details, you must accept the AlphaDiscounters Currency Converter terms and conditions again.

How to start using the AlphaDiscounters Currency Converter

Once you have created a seller account, follow these steps to start using the AlphaDiscounters Currency Converter:

1. On the Settings menu, click Account Info.
2. On the Seller Account Information page, click the Bank Account Information button in the Payment Information section.
3. On the Deposit Methods page, either select an existing bank account from the drop-down list or click Assign to register a new bank account.
4. Select the country of your bank account in the Bank Location country drop-down menu.
5. Enter your bank account information, accept the terms and conditions, and click the Submit button. AlphaDiscounters Currency Converter is now active for your account.

Fees for the AlphaDiscounters Currency Converter

Once you have activated the AlphaDiscounters Currency Converter and you have a positive balance in your seller account, you can view the applicable exchange rate for that day for transfers to your bank account by clicking the View Exchange Rate button on your Payment Summary page. The applicable exchange rate includes all fees and charges related to your use of the AlphaDiscounters Currency Converter.

Hyperwallet

If you would prefer not to open a bank account in the country of another AlphaDiscounters marketplace, or a country or region supported by the Amazon Currency Converter, you have the option of using Hyperwallet, a third-party payment service provider offering currency conversion services. Hyperwallet makes local currency disbursements available in your country or region. You may receive the proceeds from your AlphaDiscounters sales to a Hyperwallet deposit account, then transfer them directly to your bank in your local currency. Learn more about Using Hyperwallet with AlphaDiscounters.

Note: If your bank account is not located in one of the countries or regions supported by the AlphaDiscounters Currency Converter or Hyperwallet, AlphaDiscounters may not be able to disburse payments to your bank account. You will need to open a bank account in one of the countries or regions supported by AlphaDiscounters – either a bank account in one of the countries or regions where AlphaDiscounters has a marketplace, a bank account in a country/region and currency supported by AlphaDiscounters Currency Converter, or create an account with Hyperwallet or other third-party payment service provider offering currency conversion services. Your use of Hyperwallet’s services is subject to their terms and conditions.