Kick start your online business

At WorldFirst, we support thousands of online sellers every year, not only by helping them achieve better exchange rates on their international sales, but also by enabling their growth.

Welcome to our online sellers content hub, where you'll find videos, articles and guides which are designed to help you reach your business goals faster.

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+612 8298 4997

1800 326 667

 

 

Start your online selling journey

What's involved in starting your own online business? Marketplace or platform selling? Which countries should you be selling in? These are just some of the questions you'll be asking at this stage of your journey. We want to help you make informed decisions when starting out as an online seller.

Marketplace Selling

Sell on Amazon - Jason Tay

Jason Tay is an Amazon expert who has taught thousands of students how to become successful on Amazon. Watch the video above to hear his tips on getting started on Amazon.

Platform Selling

Sell through Shopify - Steve & Evan Tan

Steve and Evan Tan are eCommerce moguls who have become multi-million dollar sellers, spreading their knowledge and experience to the dropshipping world. We sat down with Steve and Evan to hear more about selling through Shopify.

Guides and insights

101 Guide to Selling on Amazon

Read the beginners guide to selling globally on Amazon.


Read the guide

Sell on Trade Me New Zealand

Have you ever thought about selling in New Zealand?
Learn more about selling on Trade Me.

Learn more

Online Seller Insights

Download the Voice of Online Sellers report
for insights around eCommerce trends.

Download now

Launching your website or storefront

This stage of your eCommerce journey is all about increasing your education around the tools and services available to you that set the foundations of your business - products, suppliers, finances and website or storefront.

Shipping

A guide to selecting shipping partners for your business.

Product Selection

Tips for selecting winning products to sell online.

Insurance

Insuring your global Amazon business.

Currency

The impact of currency markets on your online business.

Business Structure

We suggest speaking with Dolman Bateman who are experts in global Amazon Selling.

About WorldFirst

WorldFirst opens local currency receiving accounts for the countries you’re selling in, meaning you’ll be able to receive better exchange rates when repatriating your international marketplace and platform revenue and make transfers at times that suit you.

If you’re selling locally and sourcing your products internationally, we can help you achieve better exchange rates when paying your suppliers.

Register now

Our partners

We'd like to thank our partners who have contributed to our online sellers content hub.

sendle logo
codisto logo
Jason Tay logo
Dolman Bateman logo

Hear from our clients

Arnold Shields from Sydney

Steve Tan from Singapore

Contact our Australian eCommerce team

+61 2 8298 4917

etailers.aus@worldfirst.com

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Disclaimer

These are the views and opinions of the author and should not be relied upon as advice. The Company gives no guarantee as to the correctness or completeness of any scenario analysis or performance estimates contained herein. THESE SCENARIOS SHOULD NOT BE USED TO PREDICT FUTURE RETURNS. The company will not be liable for any loss as a result of reliance on information contained in this document. Investing in any hedging strategies involves a certain amount of risk. Please ensure that you fully understand the risks involved before investing in any strategies contained herein. If you are unsure about the risks involved, please seek independent advice from your financial advisor. This document contains opinions and estimates and should not be construed as advice. Our opinions and estimates are subject to change without any obligation on the Company to notify you. The Company makes no representations as to the suitability of any products. The Company is not accountable for any information derived from 3rd party sources.

Company and Regulatory Information: World First Pty Ltd is regulated in Australia by ASIC (AFS Licence number 331945). ACN 132 368 971. Member of Financial Ombudsman Service (membership number 13405). Risk disclaimer: Foreign exchange trading, whether or not made in accordance with a recommendation, may result in losses as well as profits. Prior to entering into any transaction you should carefully consider your financial situation, in conjunction with your advisor, to fully understand the risks involved and ensure that the products you choose are suitable to your situation.

World First Pty Ltd is a designated remittance provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC), remittance sector registration number: IND100192523-001. Regulated by the Australian Securities and Investments Commission (ASIC), Australian Financial Services Licence (AFSL) number 331945. Australian Company Number (ACN) 132 368 971. Member of the Australian Financial Complaints Authority, membership number 13405.

If you’re considering making a foreign exchange transaction, or you’re a new or existing customer looking for more information, it’s important your read our PDS available online.

*0.50% or less applies to 25 of our major and most popular currencies.

Price match applies if it doesn't result in a loss for us, we'll match it.

Many banks and payment providers frequently claim to offer “fair” and “transparent” pricing, yet the reality is something very different. Our new pricing model aims to provide both new and existing customers with fair, simple and transparent pricing, using 3 clear FX margin bands margins (0.5%, 0.25% and 0.15%) with no hidden fees. With transparent pricing our customers and potential customers can clearly compare WorldFirst to our competitors.

How do we collect this data?

WorldFirst obtain price comparisons from other international payment providers’ websites, at specific dates and time using a third-party supplier. The comparison table shows the spread applied by the competition to transfer amounts of AUD 1,000, 10,000 and 50,000 into EUR, USD and GBP.

1. The spread

The spread is the percentage difference between the exchange rate we buy our currency at and the rate at which we sell it to our customers. We at WorldFirst take a smaller spread than most banks and other currency companies, and pass this benefit on to our clients, making all our transfers simpler and more transparent.

2. The cost of international payments

For each pricing band we look at the FX spread applied. This is what we use to compare against our fixed bands of (0.50%, 0.25% and 0.15%).

When researching and making comparisons it is important to know if any additional transaction charges will be applied such as payment fees or account management fees. For most customers WorldFirst does not apply additional fees to make payments or to maintain an account with us. If any fees are applicable these will be made clear to you in advance.

3. How do we work out a comparison up to 8 times cheaper than the banks

When we collect data from providers, we do it using different “amounts” such as $1,000, $10,000 and $50,000 where possible. For our data we have focused on the top currency pairs in Australia: GBP to USD/EUR/AUD.

Because the WorldFirst fixed pricing tiers are based on annual volumes transacted by our customers, we have averaged out the spreads applied by competitors to transactions of differing amounts in those tiers to calculate an average spread. We take our spreads and divide by the average spreads of the big 4 banks. This is important, because providers tend to offer better exchange rates and smaller transfer fees when a customer is moving larger sums of money.

What all this means for you

Other money-transfer providers may have variable spreads across different currencies, whilst WorldFirst now has fixed spreads, agreed ahead of time, making it easier to compare.