Hello everyone,
I am about to setup my dropshipping business. I am based in Cyprus (EU), my suppliers are in China (USD) and my customers in USA (USD). I will Paypal as my account to receiving money from my e-store. I have the below questions if anyone could help.
- Customer X has the option to pay via VISA, AMEX, MASTERCARD, PAYPAL etc, from any payment he/she choses to proceed, I will receive money in my Paypal account, which is set to receive money in USD. Is this correct?
- The fee applicable is 2.9% +0.30 (USD) for every transaction?
- If I am about to withdraw money to my bank account in USD (Revolut/Viva wallet) is this possible to do it with Revolut/Viva wallet and what will be the withdrawal fee? For example, I have 10,000 dollars and I want to withdraw it to my Revolut/Viva wallet, how much is the withdrawal fee and how long it will take for the money to move to my bank account?
Thank you guys,
Shopex
