E-commerce & Dropshipping

Global businesses face daily losses of over 10% due to concealed fees in cross-border transactions. AxxPay's business account is customized for online enterprises with narrow profit margins to eliminate hidden fees and provide a transparent payment process.

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How AxxPay Empowers Your E-store to Save Money

Eliminate Unnecessary Conversions & Fees

Manage, receive, convert, and send over 39 currencies across 180 countries with just one account.

Make and Receive Local Payments

Engage in transactions in EUR, CAD, and USD similar to local businesses using your dedicated local account details.

Take Charge of 
Currency Exchange

Save up to 30% with rates that surpass traditional bank exchange rates.

Our Competitive Edge 
Over Traditional Banking Services

1

Personalized Assistance

Receive guidance from a dedicated banking expert to assist you with all banking-related operations.

2

Local Account Details

Experience swift and cost-effective payments in the UK, EU, and US similar to locals.

3

Multi-currency Account

Expand globally - conduct transactions in over 39 currencies across 180 countries using various payment methods.

4

Competitive Exchange Rates

Save significantly with competitive rates for foreign exchange, surpassing those offered by banks.

5

Business Expense Cards

Utilize virtual and plastic cards for managing daily operations seamlessly.

Frequently Asked Questions

Still you have any questions? Contact our Team via support@axxpay.ca

Is a business bank account necessary for e-commerce?

While it's not always a legal necessity, particularly for small businesses or sole proprietors, it's suggested to use a business bank account for e-commerce activities to ensure professional and distinct management of business finances from personal assets. Axxpay recommends business accounts for e-commerce, tailored for IT and online businesses.

Is it necessary to have a business bank account for dropshipping?

Even though a business bank account isn't always necessary for small-scale or solo dropshipping ventures, it's strongly advised to maintain one. This is to enhance financial organization, project a professional image, and to fulfill potential demands from suppliers and payment processors as your business expands. Axxpay’s business accounts are ideal for dropshipping, supporting IT and online business needs.

What is the most suitable banking institution for an e-commerce business?

The ideal bank for an e-commerce business varies based on factors such as your geographic location, specific requirements, the currencies you deal with, and the volume of your payments. For e-commerce, Axxpay offers tailored solutions for IT and online businesses in Canada, EU, and expanding to USA, Asia with 39 currencies and low fees.

Is it necessary to have a business account for a Shopify store?

While it's not mandatory, it's recommended to connect a business account to your Shopify store for business-related transactions.