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Wildberries has introduced settlements in local currencies with international entrepreneurs

Wildberries has introduced settlements in local currencies with international entrepreneurs

The online retailer Wildberries has switched to settlements with international entrepreneurs in their national currencies, the press service of the marketplace told reporters.

Thus, transfers to entrepreneurs from Belarus are made in Belarusian rubles, Kazakhstan – in tenge, Armenia — in drams, Kyrgyzstan — in som, Uzbekistan – in soums. Changes in the financial policy apply to both sellers of goods and owners of partner pick-up points and partner sorting centers.

The new payment method will help strengthen regional currencies and allow businesses to save on the costs of their conversion, according to Wildberries.

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Author: Ulyana Lutskevich
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