Most user friendly way to receive international payments


#1

I’ve just become an author on Amazon.com and will likely be receiving a small monthly payment from Amazon depending on my sales. Amazon pays through two means; one, international electronic transfer, or two, a posted cheque.
Of course electronic transfer is preferable, as it’s more secure; but with your average electronic payment there appears to be a substantial fee for each transaction; for example, if I manage to make 100 dollars in a month, then 15% of it goes toward simply processing the transaction from this end.

Is anyone aware of any e-commerce or business options with BNZ that would allow for receiving electronic transactions with a much more palatable fee at this end?


#2

How about this?
Payoneer

Amazon are listed as one of their payout partners. TBH the only gig banks know is SWIFT who have not updated their offering (in any way I can see) since the dark ages.


#3

Hi Pete, Inward international payments less than $200NZD equivalent are waived the inward payment fee. When you say small monthly payments, will they be that small?


#4

At this point Megan, it’s hard to tell - the initial payment won’t be, but
it’s entire possible that upcoming payments will be as small or smaller.