Payments & Finance
Get paid across borders and stop losing a cut of every payout to conversion fees. These are the three we have actually moved money through, each solves a slightly different problem.
The default payout option on Amazon Seller Central, Upwork, Fiverr, and dozens of other marketplaces. Practical, not glamorous, it is the rail these platforms already built around.
Pros
- Widely accepted as the built-in payout method on major marketplaces and freelance platforms
- Multi-currency receiving accounts
- No monthly fee to hold a standard account
Cons
- Currency conversion applies bank-level rates when you withdraw to local currency
- Less useful as a full business account if you need more than receiving payouts
Uses the real mid-market exchange rate instead of the padded one banks quote you. The one we actually use for moving our own money between currencies.
Pros
- Real mid-market exchange rate, not a marked-up one
- Multi-currency account with local bank details in multiple countries
- Fee shown upfront before you send, no surprise deductions
Cons
- Not every marketplace supports Wise as a payout method the way they support Payoneer
- Built for moving money, not a full merchant payment processor for taking customer payments
Send to 150+ countries in 60+ currencies, often settling in hours since 90% of transactions skip SWIFT. Local bank details in each currency mean you can hold funds without forced conversion.
Pros
- Can save up to 80% on FX fees versus traditional banks by holding funds in the currency received
- Local bank details in each country, no need to open separate traditional bank accounts
- Automated reconciliation integrations with accounting software
Cons
- More setup and verification than a simple Payoneer signup
- Less familiar name than Payoneer or Wise if you are just starting out
Frequently asked questions
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