Archive for the 'Currency' Category
It’s not new for US online shops to sell products to Japan. You hire a Japanese designer or programmer to translate and create a online shop as if it’s a Japanese store.
But, there is still a BIG difference from a truly Japanese store. You’re selling the products in US dollars. It’s easy for sellers but it’s NOT for Japanese customers. The exchange rate changes daily basis. It’s hard for Japanese customers to calculate what they would pay eventually. They often find out in their bank statement after they’ve been charged. How would you feel if you were a Japanese customer?
So, you should sell in Japanese Yen if possible. In the past, there were only few card gateway companies that provided the solution and those were charging very high commission rate. But, now PayPal provides the option. Their commission rate is very close to selling in US dollars. Please checkout the Fee in this screen:
Please check here for the up-to-date information.
