As technology continues to simplify intercontinental trade, there is a growing opportunity for Ghanaian sellers to reach millions of US buyers on platforms like Amazon, eBay, Etsy, and Walmart Marketplace. Selling your products on global platforms and earning in USD significantly boost your profit margins and exposes your brand to a larger customer pool.

However, receiving payments in USD and converting them to Ghanaian Cedi (GHS) can be a hurdle. Sellers have to battle unfavourable exchange rates, expensive transaction fees, and slow processing times.

Managing USD payments requires a reliable and affordable platform designed for Ghanaian entrepreneurs. This guide explores the best ways to receive payments from US marketplaces, ensuring you keep more of your hard-earned money while simplifying the process.

Also read: How to receive Amazon payments in Ghana

Available US payment solutions for Ghanaian sellers

Here are some effective methods for receiving USD payments from US marketplaces as a Ghanaian seller, along with their pros and cons.

Grey (Recommended)

Grey is a reliable fintech solution that offers a USD account to Ghanaian sellers. The platform integrates seamlessly with major marketplaces, allowing you to receive payments effortlessly. Users can convert funds to GHS at competitive rates and withdraw them to their local Ghanaian bank account in no time.

Pros:

• Low, transparent fees that prioritise your profits.
• Real-time exchange rates for USD-to-GHS conversions, minimising losses.
• Swift transfers.
• Supports receiving payments on major marketplaces.
• Intuitive app and top-notch support.
• Virtual USD card for online purchases or reinvesting in your business.
• Withdrawals to local bank accounts for instant access to funds.

How to use it:

1. Sign up and verify your identity on Grey.
2. Access your USD account details.
3. Link these details to your US marketplace or freelance platform.
4. Receive payments, convert them at excellent rates, and withdraw to your Ghanaian account.

Also read: How to receive payments on Etsy as a seller in Ghana

Wise

Wise offers virtual USD accounts, enabling Ghanaian sellers to receive payments as if they were based in the US. It’s a solid choice for marketplaces that support direct bank account payouts.

Pros:

• Low fees compared to traditional banks.
• Mid-market exchange rates for cost-effective USD-to-GHS conversions.
• Multicurrency account to hold USD, GBP, and more.
• Transfers are typically completed in 1–2 business days.

Cons:

• Some marketplaces may not fully support Wise directly.
• The verification process can be rigorous for new users.

Payoneer

International sellers and freelancers widely use Payoneer. It provides virtual USD receiving accounts that can be linked to marketplaces like Amazon, Walmart, and Fiverr.

Pros:

• Direct integration with major platforms.
• Multicurrency support.
• Withdraw to Ghanaian bank accounts.

Cons:

• Delayed payment.
• Slightly higher withdrawal fees.
• Limited support for mobile money withdrawal in Ghana.

Traditional bank transfers (SWIFT)

SWIFT transfers send USD directly from the marketplace’s bank to your Ghanaian bank account, ideal for large, infrequent transactions.

Pros:

• Secure and reliable for high-value payments.
• Supported by major banks in Ghana, such as Stanbic and Ecobank.

Cons:

• Hefty fees due to intermediary banks.
• Slow processing times, often 3–7 days.
• Poor exchange rates from local banks reduce profits.

Choosing the smartest payment method

Selecting the best payment solution depends on your business model and priorities:

• Transaction size and frequency: Some payment platforms restrict deposits and withdrawals. Ensure this restriction favours your expected transaction size.
• Cost efficiency: Review transfer fees and compare exchange rates. Look out for hidden fees and mark-ups, especially with traditional banks.
• Marketplace compatibility: Verify that the payment platform supports receiving payments from the US marketplace.
• Speed and convenience: Opt for swift and convenient payment platforms.

Receiving USD payments with Grey

Grey is a recommended choice for Ghanaian sellers. The platform offers free multicurrency accounts (USD, GBP and EUR), affordable transaction fees, competitive exchange rates, and swift processing. You can get a USD account within minutes by following these steps.

• Create a Grey account: Sign up on Grey’s website or download the mobile app. Submit your details and verify your identity with a Ghanaian ID or passport.
• Get a USD account: Grey provides USD account details (account number, routing number) that work like a US bank account.
• Connect to your marketplace: In your marketplace account (e.g., Amazon, eBay, Etsy), add Grey’s USD account details in the payment settings.
• Receive USD payments: Payments from the marketplace are deposited into your Grey account, with instant notifications.
• Convert and withdraw: You can hold funds in USD or convert to GHS at the best rates and withdraw to your Ghanaian bank account.

For Ghanaian sellers looking to break into the US marketplaces, Grey is the best tool to streamline payments. Its USD accounts, low-cost conversions, and mobile money withdrawals make it a perfect fit for Ghana’s digital economy. The platform empowers you to keep more of your profits while accessing funds quickly. Whether you’re selling crafts on Etsy or textiles on Amazon, Grey’s seamless integration and user-friendly design make it the smartest choice.

Get started with Grey today to manage payments from US marketplaces seamlessly as a Ghanaian seller.

‍