Gem Cards and Australia — Guild Wars 2 Forums

Gem Cards and Australia

Recently all EB Games stores stopped stocking gem cards and today I've confirmed with them that they are discontinued in all of Australia. As an Australian player (and one that has been playing since launch) I'm really disappointed to learn that I can no longer purchase gems locally.

You might say "Just buy them from the online store", but the exchange rate from US to AUS dollars is ridiculously high and has been for a very long time. With physical gem cards, we would purchase 2000 gems for $25AU. Now our only option is to purchase 1600 gems for $36AU or 2800 gems for well over $50AU with the exchange rate constantly fluctuating. Gem cards have been, and still are, the best value for us in Oceania.

I don't know whether ArenaNET discontinued them worldwide or just for Australia - but I urge you to help find us a similar solution or we're not going to have a choice but to stop purchasing gems altogether :anguished:

<1

Comments

  • Metasynaptic.1093Metasynaptic.1093 Member ✭✭✭
    edited July 27, 2019

    This isn't new. They've been discontinued for about a year. Anything you've seen in the shops is old stock or late warehouse drops. They aren't coming back.

  • @Metasynaptic.1093 said:
    This isn't new. They've been discontinued for about a year. Anything you've seen in the shops is old stock or late warehouse drops. They aren't coming back.

    I'm asking for an alternative. Buying them at the current exchange rate is not reasonable.

  • Metasynaptic.1093Metasynaptic.1093 Member ✭✭✭

    There isn't one. I've looked. I'm just as annoyed as you are.

  • Inculpatus cedo.9234Inculpatus cedo.9234 Member ✭✭✭✭

    I don't think ArenaNet controls who wants to stock their merchandise.

  • @Inculpatus cedo.9234 said:
    I don't think ArenaNet controls who wants to stock their merchandise.

    I don't think any of you seem to understand what I'm getting at - none of the retailers who stock these in Australia have them in stock, even a certain key site that a lot of my friends often relied on. I'm wondering if they're phasing them out entirely and if so then it incredibly inconvenient because the exchange rate is particularly brutal for us in Australia, and I reckon a lot will find it harder to shell $50 for 2800 gems or less.

    Maybe another option is to localise the online purchasing system to offer a more competitive rate for Oceanic players? There's a whole heap of us.

  • Metasynaptic.1093Metasynaptic.1093 Member ✭✭✭

    I'd say the agreement between Anet and Fastcard has run it's course. I'd like an option to get more gems at some point, but at the current exchange rate, I'd say that's unlikely.

  • Vayne.8563Vayne.8563 Member ✭✭✭✭

    It's a problem for me too. I used to buy a lot more in the cash shop, but it irks me to pay 30% or 40% more than someone in the US for the same stuff. I used to buy gem cards regularly but I've cut my spending down on the game severely. If I start spending again, I'm going to have to get 30-40% less from the cash shop each time I buy gems. I mean I've spent plenty over the years and I'd love to spend more but not like this. I'd love to see someone in Australia sell the gem cards again.

  • chaoticshelly.2846chaoticshelly.2846 Member ✭✭
    edited July 28, 2019

    I'd really love for this to get attention from arentnet. As you said this is a 40% increase at cost for us and although anet doesn't control the exchange rate they could see a huge decrease in people from our region buying gems. I buy gems for two reasons - supper anet and as an added way to enjoy the game as I love the customisation and perks the BLTC offers. However my partner and I - who previously spent on average $50 a week on gems with gem cards, can't justify $80-$100 a week on gems (or even one a month).

  • Inculpatus cedo.9234Inculpatus cedo.9234 Member ✭✭✭✭
    edited July 28, 2019

    Perhaps, appeal to FastCard? Or corporate EB Games?

  • Ben K.6238Ben K.6238 Member ✭✭✭✭

    If you think it's bad here, the relative cost for players in eastern Europe is far higher. Turkey in particular had lower median income to begin with, and over the last few years they've had to deal with a plummeting exchange rate on top of that - when you're doing business with international currencies, there's always going to be someone getting the short end of the stick, and tweaking regional prices becomes a bit of a rabbit hole of who you do and don't offer special prices for (not to mention a fraud risk).

  • Vayne.8563Vayne.8563 Member ✭✭✭✭

    @Ben K.6238 said:
    If you think it's bad here, the relative cost for players in eastern Europe is far higher. Turkey in particular had lower median income to begin with, and over the last few years they've had to deal with a plummeting exchange rate on top of that - when you're doing business with international currencies, there's always going to be someone getting the short end of the stick, and tweaking regional prices becomes a bit of a rabbit hole of who you do and don't offer special prices for (not to mention a fraud risk).

    Selling game cards isn't really tweaking prices though. It's a service offered to places they can make deals with. EBGames is a big game reseller here who agreed to sell the cards. Selling stuff like this through resellers isn't bad.

  • Fenom.9457Fenom.9457 Member ✭✭✭✭

    I’m sorry to hear that. I really enjoy having something o can physically purchase, to the point I’ll hold off on getting gems for days until I have time to go to a store that has them. I’ve noticed recently that GameStop (in America) seems to be losing them? 3/4 of the ones I’ve been to in the last month had none whatsoever. Really hoping that anet continues distributing these cards all over

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  • Cynder.2509Cynder.2509 Member ✭✭✭

    Not only Australia but here in Germany as well. Was pretty upset about it since I don't do online banking, don't have a credit card or use stuff like paypal. About Paysafecard I don't know anything but I considered this an option.

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  • ProtoGunner.4953ProtoGunner.4953 Member ✭✭✭✭

    @Cynder.2509 said:
    Not only Australia but here in Germany as well. Was pretty upset about it since I don't do online banking, don't have a credit card or use stuff like paypal. About Paysafecard I don't know anything but I considered this an option.

    Lol where do you live? Sorry, but you make your life complicated. What if you travel without a credit card? It's nigh impossible these days...

  • zoejo.2317zoejo.2317 Member ✭✭

    @ProtoGunner.4953 said:

    Lol where do you live? Sorry, but you make your life complicated. What if you travel without a credit card? It's nigh impossible these days...

    Where do you live? I can only speak of the EU, but my debit cards have worked everywhere in the world, and on every single website. Why pay taxes to a credit company?

    As for the topic:
    This has been my situation for years now. Luckily I don't have the same issues with the conversion rate (it's acceptable). It annoys me that the official stance is still that those cards exist - they even list websites for stores that are either non-existent anymore, or they simply don't sell those cards.

  • Endless Soul.5178Endless Soul.5178 Member ✭✭✭✭

    Also in Southern California, USA. All my regular places to get Gem Cards at (GameStop, Target, Walmart, etc) have run dry and haven't had any restocks in over a year now.

    I do not want to pay for gems digitally.

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  • Inculpatus cedo.9234Inculpatus cedo.9234 Member ✭✭✭✭

    Best Buy still has Gem Cards.

  • OutOfOrder.3719OutOfOrder.3719 Member ✭✭✭
    edited July 29, 2019

    Yes. Very few USA stores actually carry Gem cards anymore. If they are becoming more scarce in the USA, I can’t imagine what they would cost overseas. Wow .

    We could turn this into the game is dying thread due to the decline in gem card sales in the US and overseas !

  • Cynder.2509Cynder.2509 Member ✭✭✭
    edited July 29, 2019

    @ProtoGunner.4953 said:

    @Cynder.2509 said:
    Not only Australia but here in Germany as well. Was pretty upset about it since I don't do online banking, don't have a credit card or use stuff like paypal. About Paysafecard I don't know anything but I considered this an option.

    Lol where do you live? Sorry, but you make your life complicated. What if you travel without a credit card? It's nigh impossible these days...

    Ever heard that you spend more money than you actually have with a credit card? The control you have over your own economy is much more getting out of hand if you're not paying with something you can actually touch. That being said aside from the fact that this method proved to be a lot more unsafe than everything else.
    I prefer to have control over my income and what I spend instead of throwing amounts of money into the fire . Despite the fact that I never traveled or will never travel because I'm too broke for that anyways. And since Euro is shared throughout the European continent in various countries I don't need to exchange my currency all the time thanks to the "state" known as the European Union.

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  • Inculpatus cedo.9234Inculpatus cedo.9234 Member ✭✭✭✭

    No debit cards there? I'm afraid I know little about finances in the EU.

  • Well we definitely need anet's statement on this. Are they discontinuing them or is it just local decision of certain retailers? Because to me it seems like anet rather than the stores, as even the US seems to have a shortage of them. Keep this post up!

  • ProtoGunner.4953ProtoGunner.4953 Member ✭✭✭✭
    edited July 30, 2019

    @Cynder.2509 said:

    @ProtoGunner.4953 said:

    @Cynder.2509 said:
    Not only Australia but here in Germany as well. Was pretty upset about it since I don't do online banking, don't have a credit card or use stuff like paypal. About Paysafecard I don't know anything but I considered this an option.

    Lol where do you live? Sorry, but you make your life complicated. What if you travel without a credit card? It's nigh impossible these days...

    Ever heard that you spend more money than you actually have with a credit card? The control you have over your own economy is much more getting out of hand if you're not paying with something you can actually touch. That being said aside from the fact that this method proved to be a lot more unsafe than everything else.
    I prefer to have control over my income and what I spend instead of throwing amounts of money into the fire . Despite the fact that I never traveled or will never travel because I'm too broke for that anyways. And since Euro is shared throughout the European continent in various countries I don't need to exchange my currency all the time thanks to the "state" known as the European Union.

    Probably there are people who can't control their expenditures. CC is for me just a convenience as I have enough liquid money on my bank account. I would never live above my standards, though luckily I have a rather high living standard.

    But of course I understand your situation and it sounds reasonable. Debit card could be a solution though.

  • ProtoGunner.4953ProtoGunner.4953 Member ✭✭✭✭
    edited July 30, 2019

    double post, deleted

  • ProtoGunner.4953ProtoGunner.4953 Member ✭✭✭✭

    @zoejo.2317 said:

    @ProtoGunner.4953 said:

    Lol where do you live? Sorry, but you make your life complicated. What if you travel without a credit card? It's nigh impossible these days...

    Where do you live? I can only speak of the EU, but my debit cards have worked everywhere in the world, and on every single website. Why pay taxes to a credit company?

    As for the topic:
    This has been my situation for years now. Luckily I don't have the same issues with the conversion rate (it's acceptable). It annoys me that the official stance is still that those cards exist - they even list websites for stores that are either non-existent anymore, or they simply don't sell those cards.

    Also Europe :wink: I don't pay anything for my CC(s). Also, ever heard of Revolut? It's a great way to get a CC for almost free.

  • Linken.6345Linken.6345 Member ✭✭✭✭

    @zoejo.2317 said:

    @ProtoGunner.4953 said:

    Lol where do you live? Sorry, but you make your life complicated. What if you travel without a credit card? It's nigh impossible these days...

    Where do you live? I can only speak of the EU, but my debit cards have worked everywhere in the world, and on every single website. Why pay taxes to a credit company?

    As for the topic:
    This has been my situation for years now. Luckily I don't have the same issues with the conversion rate (it's acceptable). It annoys me that the official stance is still that those cards exist - they even list websites for stores that are either non-existent anymore, or they simply don't sell those cards.

    Dont you debit card work with paypal?

  • zoejo.2317zoejo.2317 Member ✭✭

    @ProtoGunner.4953 said:

    Also Europe :wink: I don't pay anything for my CC(s). Also, ever heard of Revolut? It's a great way to get a CC for almost free.

    I have heard of Revolut (and N26 and others). They seem great. Our banking system also has an app in which we can create virtual cards if needed, though not credit (as in, I wouldn't be able to spend more than I have, but I rarely want to).

    @Linken.6345 said:

    Dont you debit card work with paypal?

    It does. If you don't want to give your card number away to a company (and you don't want to use the method I've described just above), you can add either your debit card or your bank account directly to PayPal.

    I don't think it helps the OP, though, as his/her problem is the combination of a bad conversion rate and the non-existent cards/stores (a problem I've also had).
    They could at least update the website to stop linking to either non-existent stores or stores that don't sell gem cards anymore.

  • @zoejo.2317 said:

    I don't think it helps the OP, though, as his/her problem is the combination of a bad conversion rate and the non-existent cards/stores (a problem I've also had).
    They could at least update the website to stop linking to either non-existent stores or stores that don't sell gem cards anymore.

    Correct.

  • Cynder.2509Cynder.2509 Member ✭✭✭
    edited July 31, 2019

    Alright, just being curious in case I missed something: Did ArenaNet actually made an official statement on Gem Cards and their disappearance already? As far as I heard it must be an issue with a blacklisted distributor but that's more of a rumor to be honest.

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  • sephiroth.4217sephiroth.4217 Member ✭✭✭✭
    edited July 31, 2019

    The store near me still has about 15 or so gem cards but yes they've said they wont stock more either. (Sold out of 25s)

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  • Still hearing stores getting regularly around Brisbane, Sydney and Melbourne with some people in Perth ordering the cards? Not sure it they are discontinued.
    But after inquiring with a few EBs the cards get restocked by "volume of transaction cards sold", how true that is? But seems to be the answer from 4 stores without ringing the giftcard wholesalers directly. So this maybe the cause of the 'local' not having any stock of them.

    Get in while you see them.

  • chaoticshelly.2846chaoticshelly.2846 Member ✭✭
    edited August 1, 2019

    @grouchybhaal.4275 said:
    Still hearing stores getting regularly around Brisbane, Sydney and Melbourne with some people in Perth ordering the cards? Not sure it they are discontinued.
    But after inquiring with a few EBs the cards get restocked by "volume of transaction cards sold", how true that is? But seems to be the answer from 4 stores without ringing the giftcard wholesalers directly. So this maybe the cause of the 'local' not having any stock of them.

    Get in while you see them.

    Have previously inquired with EB, this was their response a few months back

    Our Buying team has informed me that there is still stock of these cards on the store level. However not ever store still has stock.

    We are currently in communication with the vendor about a future shipment.

    Although at this time there is no word or ETA on this one I'm afraid! - Ari

    Since then, have inquired in my local stores (3 in total), and the cards are showing as "Discontinued" and they can't look into how many are in-stock country or state-wise. As far as I have been told these cards are old stock from 2017 and they are not receiving any more unless they find a box somewhere (which is the case with the current stock available). I've had to buy 10 $25 cards in one of my stocks to save for a rainy day.

    There's either an issue of contract with EB, or an issue of contract with anet and their distributor - either way, a clarification is needed from the company.

    I've reached out to EB again, will update.

    EDIT:

    EB is vague and refuses to respond on the matter so I'm awaiting Anet's response.

    This is not something we are able to confirm. As mentioned, we recommend contacting your local stores to confirm stock availability. -bel

  • hellsqueen.3045hellsqueen.3045 Member ✭✭✭
    edited August 1, 2019

    EB Games has now ended the stocking of Gem Cards in Australia, the last store in my area that had a ton left just had someone come and buy out EVERY single card they had left and so there was none to pick up today. The person at the counter was going to try and track a few of the potential 18 in another store their boss was going to be stopping at.
    I am dreading trying to purchase gems now, the conversion rate of the AUD to USD is pretty terrible.

    Let me give an example:
    1600 gems is $20USD which is about $30AUD
    2000 gems from a gem card could be purchased for $25AUD which felt way more in my budget.

    I am dreading how much more it will hurt my wallet to try and support the game that I love.
    I understand they need to make money, but it just sucks that living else where with different currency is pretty punishing.

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  • hellsqueen.3045hellsqueen.3045 Member ✭✭✭

    I CAN'T EVEN BUY GEMS THROUGH THE GAME BECAUSE OF DIGITAL RIVER!

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  • Fenom.9457Fenom.9457 Member ✭✭✭✭

    Digital river? Not sure if this is an anet problem or an industry wide thing but it really needs to be fixed

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  • Haleydawn.3764Haleydawn.3764 Member ✭✭✭✭

    Do people not think that because of currency fluctuations, Anet was screwing themselves over with gemcards?

    I’d rather people pay the same amount of money for the same amount of gems, without buying bits of plastic that’s sole purpose would be to digitise and be thrown away.

    But, we don’t know what’s happening with gemcards. No one at Arena Net has said anything yet. We didn’t need another thread about Australia’s access to gemcards.

    Better get a wriggle on.

  • Ben K.6238Ben K.6238 Member ✭✭✭✭

    @hellsqueen.3045 said:
    I CAN'T EVEN BUY GEMS THROUGH THE GAME BECAUSE OF DIGITAL RIVER!

    Contact support regarding that. I've had that happen to me a couple times due to false positives in fraud detection, but ANet fixes it very promptly.

  • yoyza.5963yoyza.5963 Member
    edited August 5, 2019

    i would like anet to let us know if they are going to send more gem cards out to eb games, i feel like they are losing money where they could be making money. i just dont see any logic paying 147$ for 8000 gems when i could buy 8000 gems for 100$ for the last 7 years at eb games and now they have gone out of stock and are not even on their system anymore. does anet even read these types of threads? i saw another gem card thread from a year ago and they didnt respond to it.

  • chaoticshelly.2846chaoticshelly.2846 Member ✭✭
    edited August 5, 2019

    @Haleydawn.3764 said:
    Do people not think that because of currency fluctuations, Anet was screwing themselves over with gemcards?

    I’d rather people pay the same amount of money for the same amount of gems, without buying bits of plastic that’s sole purpose would be to digitise and be thrown away.

    But, we don’t know what’s happening with gemcards. No one at Arena Net has said anything yet. We didn’t need another thread about Australia’s access to gemcards.

    The gem cards re cardboard at the very least if that gives you some comfort :) I also searched the forums high and low and didn't find any mention of the issue of gemcards to Australia, and it's clearly enough of an issue for us to need the company to address it in some way or another.

    EDIT: I'm assuming another thread was merged into this one.

  • Shep.4026Shep.4026 Member ✭✭✭

    Maybe ANet has nothing to do with it. Maybe the companies are aren't stocking up on them anymore, simply because demand has dwindled over the past years. Maybe it's not worth it for them to stock up under a certain amount and purchasing this amount is taking the risk of not selling them all. I'm guessing here, but I seriously doubt ANet will reimberse gem card sellers for unsold gem cards :)

    I have also noticed that prices for them have gone up by more than 25 % in online stores. This might be a sign that their supply is diminishing, too.

  • LowestTruth.2635LowestTruth.2635 Member ✭✭
    edited August 5, 2019

    [removed, wrong thread, too many tabs]

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  • At the moment g2a and places like this will likely continue to receive my money over the gem store at the current exchange rates I can't justify the cost , like I'm looking at almost $40 sometimes for 2000 gems, I've been a long time supporter of guild wars even bought the game for co-workers but the exchange rates rediculous my only hope is that Trump screws America's economy by this China stuff so the exchange value evens out

  • crepuscular.9047crepuscular.9047 Member ✭✭✭✭

    @Shep.4026 said:
    Maybe ANet has nothing to do with it. Maybe the companies are aren't stocking up on them anymore, simply because demand has dwindled over the past years. Maybe it's not worth it for them to stock up under a certain amount and purchasing this amount is taking the risk of not selling them all. I'm guessing here, but I seriously doubt ANet will reimberse gem card sellers for unsold gem cards :)

    I have also noticed that prices for them have gone up by more than 25 % in online stores. This might be a sign that their supply is diminishing, too.

    well... not true, it is Anet that issues gem card serial numbers; even if eb doesnt sell it in their physical store, there is nothing stopping them from selling via their online store.

    If Anet can get more $$ directly via their online store, why bother distribute them to game retailers?

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  • @crepuscular.9047 said:

    @Shep.4026 said:
    Maybe ANet has nothing to do with it. Maybe the companies are aren't stocking up on them anymore, simply because demand has dwindled over the past years. Maybe it's not worth it for them to stock up under a certain amount and purchasing this amount is taking the risk of not selling them all. I'm guessing here, but I seriously doubt ANet will reimberse gem card sellers for unsold gem cards :)

    I have also noticed that prices for them have gone up by more than 25 % in online stores. This might be a sign that their supply is diminishing, too.

    well... not true, it is Anet that issues gem card serial numbers; even if eb doesnt sell it in their physical store, there is nothing stopping them from selling via their online store.

    If Anet can get more $$ directly via their online store, why bother distribute them to game retailers?

    Because anet doesnt see that extra money... Governments do.. The paypal dollar discrepancy is taxes been applied to e-goods and exchange rates being applied.

    Once anet recieves the money.. Its still the same valve (or close too)

  • kharmin.7683kharmin.7683 Member ✭✭✭✭

    @HikariShogen.1905 said:
    At the moment g2a and places like this will likely continue to receive my money over the gem store at the current exchange rates I can't justify the cost , like I'm looking at almost $40 sometimes for 2000 gems, I've been a long time supporter of guild wars even bought the game for co-workers but the exchange rates rediculous my only hope is that Trump screws America's economy by this China stuff so the exchange value evens out

    Thanks for the unnecessary political rant. America's economy really doesn't have anything to do with this issue.

    Also, don't forget that you can keep your $40 and just convert gold to gems. I'm a filthy casual player and I can at least manage that, so it really can't be that difficult. ;)

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  • Goettel.4389Goettel.4389 Member ✭✭✭✭

    You mean people actually live there? ;-)

  • crepuscular.9047crepuscular.9047 Member ✭✭✭✭
    edited August 14, 2019

    @grouchybhaal.4275 said:

    @crepuscular.9047 said:

    @Shep.4026 said:
    Maybe ANet has nothing to do with it. Maybe the companies are aren't stocking up on them anymore, simply because demand has dwindled over the past years. Maybe it's not worth it for them to stock up under a certain amount and purchasing this amount is taking the risk of not selling them all. I'm guessing here, but I seriously doubt ANet will reimberse gem card sellers for unsold gem cards :)

    I have also noticed that prices for them have gone up by more than 25 % in online stores. This might be a sign that their supply is diminishing, too.

    well... not true, it is Anet that issues gem card serial numbers; even if eb doesnt sell it in their physical store, there is nothing stopping them from selling via their online store.

    If Anet can get more $$ directly via their online store, why bother distribute them to game retailers?

    Because anet doesnt see that extra money... Governments do.. The paypal dollar discrepancy is taxes been applied to e-goods and exchange rates being applied.

    Once anet recieves the money.. Its still the same valve (or close too)

    huh??? as far as i know Anet dont pay the aussie government a single cent

    looking at my past bank statements, I have not been charged a GST for any of my gem purchases on my credit card, but I do see I got charged GST for foreign seller on AU eBay purchases, which is on-top of the price listed on eBay

    and if you look at ATO's tax law, when we purchase gems via their online store, it is not subjected to GST
    https://www.ato.gov.au/Business/International-tax-for-business/In-detail/Doing-business-in-Australia/GST-cross-border-transactions-between-businesses/

    Supplies ‘not connected with Australia’
    Generally, for non-resident suppliers who do not run an enterprise in Australia, the following transactions are no longer connected with Australia and therefore will not be subject to GST:

    • supplies of intangibles (such as services and digital products) which are performed in Australia are not connected if the recipient is an Australian-based business recipient or a non-resident acquiring the intangibles for their overseas enterprise
    • a transfer of ownership of leased goods which are located in Australia, where the transfer takes places between non-residents that do not have an enterprise in Australia
    • a supply of goods where the supplier installs or assembles the goods in Australia, but does not import the goods into Australia.


    Paypal is no longer a good way to buy good outside of Australia in foreign currency since couple of years ago, you are getting double-dipped in terms of the multiple transaction fees
    1. Paypal foreign currency conversion; they dont charge a fee, but it is passed on in the form of under market's offer rate
    2. Your bank charges you for offshore processing, because if the receiver of the money is not in Australia it is processed at Paypal's processes the transaction at receiver's country/zone

    right now you are looking at about AUD$150 for 8000 gems @ USD$100 directly from Anet


    at the time of GW2 launch, 1 AUD was around 0.90 USD, now is is 0.67 USD; so a AUD$35 gem card is equivalent to USD$31.50
    Anet would need to give the stores around a 5-10% discount of the face value of the gem card... so what Anet receives in pocket is around USD$30

    https://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y

    now, using today's exchange rate, AUD$35 is equivalent to USD$23.45, to maintain that USD$31.50 margin, the price of gem card will need to be raised to $47, and they can't just 'raise it', thus it is no brainer not to sell gem cards in Australia anymore

    this is basically how Apple and American software's pricing works in Australia...
    for example, Microsoft Windows 10 Home, AUD$225, and USD$139 (which is AUD$207.46)
    ... and WHY are we being charged a 'premium' you may ask? the term we use in the financial services world is called 'Hedging Currency Risks', basically you price your item at a higher point to avoid fluctuation of the currency exchange to reduce the chance of loss
    https://www.investopedia.com/articles/forex/082515/how-avoid-exchange-rate-risk.asp

    here's a news back in 2013, you can basically fly to the US to buy a software and fly back to Australia, it is still cheaper than buying in Australia
    https://www.news.com.au/finance/business/it-is-cheaper-to-fly-to-us-than-buy-adobe-software-in-australia/news-story/158aa7824a22e1e66611c2afb5e7a61a

    in this case, gem cards are Forward Contracts, meaning if the local currency becomes weak against USD, Anet get less money in USD


    just inflation alone, $35 back then is equivalent to around $42 in today's money
    https://www.rba.gov.au/calculator/annualDecimal.html


    obviously, us the consumers are taking the blunt the of bat, but that's just how things go when you use a foreign service; and Anet and NCSoft have a responsibility to answer to their shareholders to keep the revenue in good health to fund future growths

    [RIP Fashion Wars 2005-2018]     [TTS] [KA] [SI]     [RIP Fashion Wars 2005-2018]
    Praise the Inevitable Eternal Transcendent King Palawa Ignacious Joko, the Beloved and Feared Undying Eternal Monarch of All !!!
    ... til Aurene ate him for dessert 😭
  • While Anet doesn't pay tax in Australia, most likely, EB Games does and gst is payable on gem cards, so at least some of the money is fairly taxed.

  • I'd just like to add my concern to the development surrounding the apparent cease of gem cards and the following issue of unavailability of options to obtain gems other then digitally.

    Would love to see a new option at least, if the contract has ended with the current currency card company.

  • crepuscular.9047crepuscular.9047 Member ✭✭✭✭

    @Fixintothrill.1067 said:
    I'd just like to add my concern to the development surrounding the apparent cease of gem cards and the following issue of unavailability of options to obtain gems other then digitally.

    Would love to see a new option at least, if the contract has ended with the current currency card company.

    unless AUD becomes a dominant currency like USD, EURO, YEN, or tethered at a fixed rate, i dont see anet will add AUD because the volume is nowhere near the likes of Steam

    Apple sells their stuffs all over the world in the local currency of the countries, but these are kept offshore as foreign reserves to pay for local staffs, marketing and other operational related expenses; they dont bring them back to the US for 1, the currency exchange rate and fees, 2nd, they will be taxed by the US government

    [RIP Fashion Wars 2005-2018]     [TTS] [KA] [SI]     [RIP Fashion Wars 2005-2018]
    Praise the Inevitable Eternal Transcendent King Palawa Ignacious Joko, the Beloved and Feared Undying Eternal Monarch of All !!!
    ... til Aurene ate him for dessert 😭
  • New conversion rate after today's remarks by US president...

    1 USD = 1.4860 AUD

    le sigh :( we really need a better option ArenaNET!

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