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World First launches Japanese Yen service for online traders

By Dan Wilson May 5, 2016 - 11:34 pm

WorldFirst has launched a new service in Japan providing access to a new market for online sellers worldwide.

WorldFirst‘s new Japanese Yen service makes it possible for marketplace sellers to sell on Japanese marketplaces and transfer their sale proceeds back to a ‘home’ account without the need for a local bank account.

World First’s launch in Japan adds to the markets and marketplaces that it can help online sellers worldwide access, joining existing services in the US, UK, Europe and Canada.

Jabu Henson, MD World First Asia said: “We are excited to be launching our award-winning service in Japan and helping online sellers make the most of the eCommerce opportunity in the region in the process. As the first provider to offer this service, we are opening up the attractive and fast-growing Japanese market to thousands of online sellers across the globe. Online sellers can now benefit from World First’s fast, efficient and cost-effective service when doing business in Japan, allowing them to focus on other important things – like growing their business.”

  • 1 year ago

    This is quite interesting as it seems Amazon are also pushing sellers towards the Japanese market, almost every time we log into our Seller Central we are greeted with a banner to explore the benefits of selling at amazon.jp. Things must be really growing over there for the UK market in terms of exporting to Japan over the last 12 months as it’s becoming ever so apparent that the Japanese market is the next big opportunity for UK sellers.

    • ifellow
      1 year ago

      The Japanese love autentic made products, like whisky from scotland made in scotland and clothes made in the UK by a company that has a long history of manufacture and quality. They are more advanced in there product purchases and for them the history and the manufacturer should be the aligned. They will pay premium for this and this is what they look for in products. This is why sony for many years has manufactured goods specifically in Japan for the Japanese market. Not China, because Japanese consumers tend to look where somethings made before making a purchase. Many years ago, i saw many many Japanese customer pick up products made by japanese firms and look where they were made before purchasing. They would only buy made in Japan. This is not some kind of favortism / Racisim. They just prefer there london cotton, woven in London. Not SRI Lanka, other wise its not London Cotton is it.

      They are not instrested in products where the brand originates from Mancester for example but the goods are made in China.

      As for the growth the Japanese economy has been almost stagnet for 10 years, they have low to negative instrest after an almighty crashed cause by long mortgages on over priced homes. Sound familiar.

    • ifellow
      1 year ago

      The Japanese love autentic made products, likewhisky from scotland made in scotland and clothes made in the UK by a company that has a long history of manufacture and quality. They are more advanced in there product purchases and for them the history and the manufacturer should be the aligned.

      They are not instrested in products where the brand originates from Mancester for example but the goods are made in China.

      As for the growth the Japanese economy has been almost stagnet for 10 years, they have low to negative instrest after an almighty crashed cause by long mortgages on over priced homes. Sound familiar?