If I'm located outside of the US, how can I accept USD at my store?
If you are located outside of the US, you can still accept USD on your store if:
1. You have a US bank account, US address, and an American SSN.
2. You only accept PayPal payments on your store. With a Paypal Business account, you will be able to choose which currency you want to accept payments in. With this option, your customers will be charged an exchange rate by their financial institution. You will also be charged a 1% cross border fee and 2.9% + $0.30 PayPal transaction fee for international orders outside of your country. Please note: Contact PayPal to see if the country you wish to establish your business in is eligible for this option. There are some countries that are restricted.
Disclaimer: The above information is based on our knowledge only. It is recommended that you consult your local attorney, tax agency, or accountant regarding any matters relating to legality and operations of your business.