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Markets & currency

Why this matters for your business

International selling has more details than most merchants realize: currency conversion (FX changes daily; stale rates mean over-charging or losing margin); per-market product availability (some products legal in one country, restricted in another); per-market language; per-market channels (TikTok Shop in some countries, not others); per-market tax (VAT, GST, sales tax).

Markets & currency is the layer that handles all of this. Define your markets once (US, UK, EU, AU, etc.), the platform maintains per-market currency + language + channel + tax configurations and applies them automatically.

What this typically unlocks

OutcomeResult
FX accuracydaily vs. quarterly (most stores)
Per-market mistakes (wrong currency, wrong tax)near 0
Time to launch new markethours vs. weeks

What you actually get

Per market:

SettingDescription
CurrencyISO 4217 code, daily FX refresh
LanguageDefault language; products auto-translate (see translations)
ChannelsWhich marketplaces are active in this market
TaxPer-market tax rates and rules
Pricing strategyHow prices convert (FX-tied? Fixed? Manual?)
ShippingPer-market carriers, rates
ComplianceGDPR for EU, LGPD for Brazil, etc.

Real merchant scenarios

Scenario A — Brand expands US → EU

Setup. US brand wanted EU presence (Germany, France, UK).

Setup steps:

  1. Define EU markets in admin (15 min)
  2. Translate products via translations
  3. Configure VAT per country
  4. Activate EU-relevant channels (Google Shopping EU, Meta EU, etc.)

Result: EU launch in 1 week. EU revenue $80K in 6 months.

Scenario B — FX drift caught early

Setup. Brand had USD pricing, occasional EUR conversions. FX drift meant EUR prices became 8% under-priced over a quarter.

With daily FX refresh: Auto-detected drift; EUR prices adjusted weekly to maintain margin.

Result: ~$12K margin recovered over 6 months that would have been lost to currency drift.

Scenario C — Per-market product availability

Setup. Brand sold supplements legal in US, regulated in EU.

Configuration: Tagged products US-only. Rule excluded them from EU markets automatically.

Result: No accidental EU sales of restricted products. No regulatory issues.

Best practices

Refresh FX daily. Stale rates cost margin.

Configure tax per market correctly. Wrong tax configuration is a financial liability.

Localize beyond translation. Currency, units, channels all matter.

Don't manually manage per-market pricing in spreadsheets. Use rules.

Don't skip compliance per market. GDPR ≠ CCPA ≠ DPDP.

Plan tiers

CapabilityFreeStarterProAgencyEnterprise
Multi-market
Daily FX refresh
Per-market channels
Per-market tax
Per-market compliance
Custom market configurations

See also