Home > Blogs > WorldFirst How-To-Guides > How do I receive money from eBay with the World Account?

How do I receive money from eBay with the World Account?

Last update: June 14, 2024

Contents

Connect your eBay seller account to your World Account and simplify your cross-border collections

Key takeaways

WorldFirst is a global payment provider that simplifies cross-border payments for eBay sellers
You can collect earnings from regional eBay marketplaces like the US, UK, Europe, Japan, and Australia
Linking your eBay seller to a World Account lets you open 10+ local currency accounts and receive payments from customers worldwide

Introduction

Setting up an online storefront on eBay is easy. But, expanding into different regions worldwide while maintaining healthy profit margins can be challenging.

International transaction fees and high currency conversion rates can hurt your profit margins if you don’t have the right payment partner.

WorldFirst simplifies cross-border payments for eBay sellers. If you sell on various international eBay marketplaces, you can withdraw funds from multiple currencies with your World Account.

Take a look at how to connect your eBay seller account to your World Account.

Why WorldFirst?

WorldFirst offers local currency accounts in 40+ currencies with competitive exchange rates so you can sell like locals even when operating overseas.

Collect earnings from regional eBay marketplaces like eBay US, eBay UK, Amazon Europe, eBay Japan, and eBay Australia. With a World Account, you can open 15+ local currency accounts
Hold the funds in original currency and convert them at any time at competitive exchange rates. With a World Account, you can send and receive payments in 40+ currencies

Steps to link your eBay seller account to your World Account

1. Open a World Account

Businesses based in Australia can directly open a World Account by registering and uploading the required documents. Opening an online account only takes minutes.

You can also reach out to us for help and our local team is happy to speak with you.

In Australia

1800 326 667

Outside Australia

+61 2 8298 4990

*Mon. – Thurs. [8am — 6pm] AEST/AEDT time

Fri. [8am — 5.30pm] AEST/AEDT time

2. Get your local bank account details

With a World Account, you can open various international currency accounts almost instantly, allowing you to do business like a local, even when you operate overseas.

You need to first set up a Receiving Account in the corresponding currency of your eBay payout currency.

On your World Account dashboard, go to the Collection tab.
Click Manage Accounts > Add a New Receiving Account.
Select the currency of your marketplace.

Once the account is set up, you can click details to get the account details, including the bank account number and a sort code.

3. Go to eBay Seller Hub

Open the eBay Seller hub > Go to the Payments tab

Click on Add and follow the steps to add your new eBay payout method.
Copy and paste the Receiving Account details from WorldFirst Receiving Account. The banking information required will depend on the location.

- Amazon Australia: Add account number, name of the account holder, and BSB code
- Amazon US: Add the account number along with the routing number
- Amazon UK: Add the bank account number and sort code
- Amazon Europe: Add the IBN and BIC

Note: You can set your eBay payout schedule to daily, weekly, biweekly, or monthly

In case you have already set an automated payout schedule and you need funds sooner, you can also initiate payouts on demand. Though daily payouts are the fastest way to get paid through eBay.

4. Get paid on eBay with WorldFirst

After receiving eBay earnings in your World Account, you can convert it to any other available currency or hold the funds for now. There is no limit to how much funds you can receive in different currency accounts.

Collect payments from 100+ marketplaces with one World account

Collect and manage funds locally from international marketplaces and keep more of your marketplace profits with a World Account.

Open 15+ local currency accounts
Pay suppliers and partners in 40+ currencies without any hidden fees
Get competitive foreign exchange rates with no hidden fees
Lock in exchange rates for up to 2 years to manage currency risks

Disclaimer: The information contained is general only and largely our views. Before acting on the information you should consider whether it is appropriate for you, in light of your objectives, financial situation or needs. Although information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions, estimates, mentioned products/services and referenced material constitute the author’s own judgement as of the date of the briefing and are subject to change without notice. WorldFirst shall not be responsible for any losses or damages arising from your reliance of such information.

Based in Sydney, Jim is responsible for the WorldFirst business across Australia and New Zealand. He brings with him over 25 years of experience helping Business Owners, CFO’s and Treasury Managers overcome the challenges with cross border payments and navigating volatile foreign exchange markets.

Jim Vrondas

Author

Country Manager ANZ at WorldFirst

The simpler way to pay and get paid

Save money, time, and have peace of mind when expanding your global business.

Get started

Multi-currency accounts, competitive FX, and global transfers — Everything you need to pay and get paid internationally

Who We Are >

Named a Top Global Fintech Company by CNBC & Statista, we’ve supported 1.5M+ businesses since 2004.

How do I receive money from eBay with the World Account?

Why WorldFirst?