If you use Google Play to collect payments from customers, you can withdraw your sales proceeds into the World Account. With the World Account, you can hold your multi-currrency funds, make conversions at competitive FX rates, remit to your bank account, or pay your third-party suppliers abroad. You can even make purchases at wholesale sites like 1688.com directly with your World Account balance. With a few simple steps, you can start withdrawing your Google Play funds.
The type of Receiving Account I set up to withdraw from Google Play
You need to set up a Receiving Account in the corresponding currency of your Google Play balance. Otherwise, Google Play may convert your balance into your account currency, for which they will charge a fee.
| Step 1 – Set up the Receiving Account
- On your World Account dashboard, go to the ”Collection“ tab
- Then click on ”Manage Accounts“ > ”Add a New Receiving Account“. You can then select the currency of your Receiving Account
- Once the account is set up, you can click on ”Details“ to get the account details
| Step 2 – Link your Receiving Account to Google Play
Here’s how to set up your bank account for withdrawing your available funds.
- Navigate to ‘Setup‘, go to ‘Payment Profile‘ option
- Click on ‘create a payment profile‘, and then fill in your business details and add a primary contact
- After the payment profile creation, go to ‘Payment Methods’ and then ‘Add Payment Method‘
- Add your receiving account detail from WorldFirst
- Confirm the details by selecting ‘Save’, and complete the bank account setup
