How to Increase Amazon Profits with International Wires | Jason Kumpf at OFX

eComWhiz Podcast

An interview with Jason Kumpf from OFX talking about how to make an extra 3% profit when paying your amazon suppliers. Jason also talks about using OFX to pay amazon vendors in their local currency and also save money when transferring Amazon funds back into USD like when selling on Amazon UK and more.

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Website: https://www.ofx.com/feedbackwhiz

Jason Kumpf - Director of Partnerships at OFX

About - OFX: Global Money Transfers

Help your online businesses manage cash flow and save on every overseas payment or receivable - with no fees, low exchange rates, and multiple transfer options.

Selling internationally can cost you more in currency fees than you realize

We've built a new way for eCommerce merchants to keep more of their profits. It’s flexible, fast and efficient - just like your business.

Cost-effective, Fast and Easy

Marketplaces and payment providers charge high margins on your transfers. Let OFX help you save up to $2,500 on every $100,000 you transfer. Expedite critical aspects of your supply chain with fast, efficient money transfers. You choose when to bring your money home, wherever in the world it is. Get the equivalent of a local bank account in today’s most profitable international markets: USD, EUR, GBP, CAD, AUD and HKD. Wherever you want to grow, OFX is already there.

Benefits to the Online Sellers

Your Own Local Account

Collect global revenues in USD, EUR, GBP, CAD, AUD and HKD

Superior Exchange Rates

Make substantial savings on exchange rates and fees by using OFX.

Rapid Delivery

Get your funds home quickly.

No OFX Fees*

Save on fees. It’s free to sign up and OFX charges no fees to transfer your funds.

Fast Approval

Get approved within 4 business days and expand to new markets with one phone call.

24-Hour Support

Around the clock phone service – 24 hours a day, 7 days a week.

Tailored approaches for your business

Supplier payments

Call today to learn how to use OFX to pay suppliers. Same currency cross border payments? Yes, you can.

Limit orders

Transfer your money at the rate you want. With OFX, you won’t miss out if your target rate is reached overnight or while you’re busy.

Forward contracts

Secure an exchange rate for up to 12 months and help protect your profits from adverse exchange rate movements.

About FeedbackWhiz

FeedbackWhiz helps Amazon sellers monitor, manage, and automate emails, product reviews, orders, and feedback. Build professional email templates with gifs, emojis, buttons, and attachments. A/B test subject lines and view open rate analytics. Send or exclude emails based on triggers such as refunds, shipment, delivery, feedback, and repeat buyers. Track and manage all product reviews. Instant notifications whenever a review is posted. Monitor all product listings and get alerts when critical events such as hijackers, buy-box loss, and listing changes occur.