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since ‎Feb-04-2021
Country: Cyprus
Type: Business
Shopex
Shopex Contributor
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Dropshipping Receiving & withdrawing money

by Shopex Contributor in Business Tools Archives
‎Feb-04-2021 04:13 AM
‎Feb-04-2021 04:13 AM
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 ... View more
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