Selling your unique products on Etsy allows you to reach an international audience, many of whom prefer to  transact in USD. However, with Grey, this doesn't have to be a hassle as you can easily receive USD payments on your Etsy account.

This article is a step-by-step guide on how to receive USD payments on Etsy as a seller in Latvia.

Why choose Etsy as a seller in Latvia?

Creative entrepreneurs in Latvia opt for Etsy for many reasons.

• International exposure: Etsy provides access to millions of potential buyers worldwide. Many of these buyers appreciate uniquely made products.
• Good range of product categories: Whether you craft jewellery, clothing, or home décor, Etsy caters to a diverse range of product categories.
• Supportive community: Join a network of sellers and buyers who value craftsmanship and creativity.

How to receive USD payments on Etsy as a seller in Latvia

Grey is a versatile payment solution for Etsy sellers in Latvia. You can start accepting international payments in these easy steps.

First, create a Grey account.

Visit Grey website or install the mobile to sign up for a Grey account. Complete the Know Your Customer (KYC)verification process.

Read also: How to open US, UK and Euro bank accounts in Latvia

Next, link your Grey account to Etsy

• Sign into your Etsy seller account to link your Grey account. Navigate to Shop manager > Finances > Payment settings.

Read also: How to set up an Etsy account for beginners

• Choose how you'll get paid and update your bank's country.

• For tax purpose, select whether you are signing up as a business or an individual.

• Enter your personal information, including your name and address.

• Add your Grey USD bank account details.

By linking your Grey account to Etsy, your payments will be processed directly into your international bank account. This helps to streamline your earnings.

You may be required to provide valid identification, address, and a social security number for account verification.

Why Grey is the best payment solution for Etsy sellers in Latvia

Many sellers find Grey a reliable payment platform that integrates seamlessly with Etsy. Here some benefits of using Grey as an Etsy seller in Latvia.

• Best exchange rates: Grey offers competitive exchange rates. The best exchange rates ensure you maximise your earnings when converting USD to Euros (EUR).
• Top-notch security: Rest assured that your funds and information are safe on Grey. This is thanks to Grey's robust security, which ensures your protection.
• Easy withdrawals: You can move your funds to your local bank account swiftly and easily.

Read also: How to withdraw to your local bank account on Grey

Tips for succeeding as an Etsy seller in Latvia

Here are some tips to help you thrive as a Latvian seller on Etsy.

• Optimise your catalogue: Optimising your product listing makes your products stand out. Use relevant keywords, write compelling descriptions and use high-quality images. Also, complete all sections of your store profile.
• Provide international shipping: Grow your audience and customer base by offering shipping to other countries.
• Engage promptly: Respond to inquiries quickly and with professionalism
• Use social media: Leveraging social media platforms increases your visibility

Conclusion

Esty helps sellers reach a wider international audience with their creative products. Integrating Grey with your Etsy account allows you to efficiently manage your international payments and focus on growing your creative business. Sign up for a Grey account today and unlock new possibilities for your Etsy shop in Latvia.

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