Amazon Sellers Gain Breakthrough Financial Solutions With Alta by Helium 10

IRVINE, Calif., Aug. 4, 2020 /PRNewswire/ -- With Helium 10 Alta, Amazon sellers now have access to powerful financial solutions that include a robust digital wallet, rapid approval credit lines, daily advances on Amazon payments, international direct payment and tax management.

"We know e-commerce sellers have unique financial needs when building their businesses, whether it's providing access to capital, helping improve cash flow, navigating the expansion to new geographies or enabling payments to suppliers worldwide," explains John Gjeldum, Helium 10's VP of Product. "Alta by Helium 10 is an all-in-one platform built specifically for today's seller. Helium 10 is excited to continue to support our customers and provide solutions to accelerate their growth."

Up to $1M Credit Line

Helium 10's unprecedented support for third-party sellers expands with massive funding potential for those seeking expansion. Based on marketplace performance, Alta users can gain up to $1 million in rapid approval credit lines. At a time when most lending institutions are being more cautious, Alta is accelerating due to its unique understanding of e-commerce sellers.

Daily Pay Advance

Amazon users taking advantage of Alta will no longer have to wait to access their funds every two weeks. Daily advances give sellers immediate access to their money, providing the kind of edge necessary to re-invest in their businesses and stay competitive.

Marketplace Payout and Worldwide Supplier Pay

With Alta, payments can be accepted internationally from countries where a local business entity isn't even present. Payments can be securely stored in multiple currencies and converted when needed. With Alta's digital wallet, users can pay suppliers in over 200 countries while storing 37 currencies for smoother transactions, expanding reach and streamlining global business operations.

European Taxes, Fully Managed

The European/Canadian Value Added Tax (VAT) and Goods and Services Tax (GST) is easily handled by Alta for sellers in full, from initial payments and report filing to secure payments.

Bojan Gajic, Helium 10's COO, explains, "The ability to source and manage capital while staying compliant with the international laws and regulations is an important part of that process, especially in the environment as volatile as the one we are facing today." He continues, "Alta by Helium 10 addresses that need and removes another obstacle on the Helium 10 customer's road to success."

About Helium 10

Helium 10 is the leading all-in-one software platform for Amazon merchants, delivering accurate, data-driven solutions to sellers. Helium 10 is headquartered in Irvine, California.

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SOURCE Helium 10