Five Ten now accepting payment in CAD from Canadian dealers

By Stephen Frothingham

REDLANDS, Calif. (BRAIN) — Footwear brand Five Ten is now accepting payment from its Canadian retailers in Canadian dollars.

Five Ten’s North American sales manager, Rick Reed, said accepting the new method of payment required “significant time and capital.” But he said Canadian dealers were finding it expensive to pay in U.S. dollars and sell in Canadian dollars.

“Accepting payments in local currencies is not yet a North American industry standard, but for us it …read more

Via:: Bicycle Retailer and Industry News