Payment gateway in USD from EU

LuisaP
Tourist
14 0 3

Hello

We are Portugal (EU) based and we are launching a new shop in USA in USD.

PAYPAL

  • Paypal is connected and is working pretty well. We catch the payments in USD in our Paypal account and transfer the USD to our EU bank account in Portugal in EUR.
  • We also own a USD bank account in Portugal BUT Paypal refuse to transfert USD to our USD bank account in Portugal.
  • Any solution ?

STRIPE

  • Stripe wants we open a USD bank account in USA that is pretty hard to do when you are an EU company.
  • Any solution to easily open an US bank account ?
  • Any solution with another payment gateway ?

Thanks for your help

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OpenThinking
Shopify Partner
233 54 65

Hi there,
Jack from OpenThinking here!

The easies way would be to open a TransferWise account. You can hold, receive, send, and spend money using a Wise multi-currency account. You can hold more than 50 currencies, and convert between them at the real exchange rate whenever you need. You can get account details for some currencies to receive money from around the world.

Open a TranswerWise business account and they will provide you with a USD account where you can receive payments in USD, give this account coordinates to Stripe and you're good to go.


let me know if this works for your. If yes; accept my answer and give me thumbs up! Thank you.

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LuisaP
Tourist
14 0 3

Thank you Jack

I will explore this solution on the transferwise side then asl to stripe if they accept a transferwise account and will let you know.

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