What currency does Gumroad use?
Gumroad processes all transactions in United States Dollars.
That means your items can be displayed in one of the many currencies we offer (see below), but ultimately we charge your customers the equivalent cost in USD. Gumroad uses real-time exchange rates to convert purchases to USD for processing.
In your Settings menu, you can choose the currency to default to when you create new products.
Once the product has been created, the display currency cannot be changed.
Customers outside of the US may be subject to an additional fee for international purchases, depending on the policies of their credit card company. If you do set your currency in anything other than USD, you may want to inform your customers of this in your receipt's text.
What does this mean for getting paid?
For all credit/debit card-related sales:
If you live in one of the following our direct-deposit countries:
Gumroad pays you out in your native currency. Your balance remains in USD, but you are paid the equivalent in your local currency at the current exchange rate on the day of your payout. Gumroad pays all necessary fees to get you the exact USD equivalent.
So, to make that easier:
If you live in the UK, you are paid out in GBP. If you live in Australia, you are paid in AUD. If you live in Canada, you are paid in CAD. If you live in the USA, you are paid in USD. If you live in the EU, you are paid in Euros. Singapore? SGD. Switzerland? Chocolate. (Just kidding.)
If you live in any other country, we pay you out via PayPal. You will be paid in USD weekly.
For all sales made via PayPal Connect:
We enabled PayPal Connect which allows creators to get paid instantly into their PayPal accounts whenever someone purchases their product via PayPal. We have a whole help doc explaining that shift here: PayPal Connect
For PayPal Connect sales, payouts will be instant (at the time of sale) and will be in the default currency of the creator's PayPal account — irrespective of what display currency you have set for the product on Gumroad.
So in case you wish to receive the PayPal connect sales in your local currency, you will have to change your PayPal account's default currency to that.