Arkade announces new multi-currency solution, encouraging artists to expand into new territories.
Arkade.com has always been marketed as a global platform for the aspiring Artist, so the recent launch of a simple yet effective multi-currency solution comes as a welcome announcement. Artists can now easily offer their digital and physical products in different currencies and use the site as a viable distribution gateway into UK, Europe, American and Asian markets.
Arkade co-founder Stephen Miller commented:
"We have always been encouraged by the volume of cross border transactions that Artists have generated on Arkade and we are keen to remove any barrier to Artists getting their products to market; so this is a very logical development for us.
Users will see products priced, and transact in the currency used where they are, whether they are in Europe, UK, Japan or the USA & the Rest of the World."
Artists set prices in their preferred currency and can then either let Arkade handle currencies automatically or set them manually, using a smart and intuitive interface to round out conversion rates.
Artists’ “Sales Information” pages detail each and every sale in each currency. Artists are accounted to quarterly to PayPal, who convert back to Artists’ preferred currency.
Artists are charged a nominal annual subscription fee to operate a web presence using the Arkade platform; Artists can set the price for their products and receive 100% of the price they set for each and every sale.
Arkade remains committed to providing its users with a viable platform to put their creativity into business and this feature along with the many other new features included in the recent V2.0 upgrade, further sets Arkade apart from its competitors.
Arkade.com gives artists, entertainers, labels & managers complete control over their professional web presence.