SFDIFY
For most small businesses, international business payments come down to two costs: the fee or markup on currency conversion and the fee to receive money from abroad. Wise Business lists conversion "From 0.23%" [1], Airwallex charges "0.5% above interbank rates for major currencies" [2], and Payoneer offers receiving accounts where getting paid in your local currency is "Free" [3]. If your main job is paying vendors from a US finance stack, Ramp Bill Pay supports international wires [4], and Veem covers both payables and receivables [5].
More comparisons on our YouTube channel: @sfdify_ai
Paying an overseas supplier or getting paid by a foreign client used to mean a bank wire and an unclear exchange rate. The platforms below quote fees up front and offer local account details in other currencies, but some are built for receiving money and others for paying bills, so the cheapest choice depends on your payment mix.
How we chose
We compared Payoneer, Wise Business, Airwallex, Ramp and Veem on stated fees and FX markups, currencies and countries covered, receiving accounts, stated speed, and accounting or invoicing tools. Every figure comes from the vendor's own homepage or pricing page, checked on 2026-11-13. We did not open accounts or send test payments. We also planned to cover Revolut Business, but its pages blocked our automated fetch, so it is left out rather than described from memory.
Payoneer and Ramp are affiliate partners of SFDIFY. That does not change their order or what we say about their weak spots.
International business payments platforms at a glance
| Product | Best for | Starting price | Notable |
|---|---|---|---|
| Payoneer | Getting paid by foreign clients and marketplaces | No monthly subscription typically; annual account fee of 29.95 USD if you receive under 6,000 USD in 12 months [3] | 190+ countries and territories, 70+ currencies [3] |
| Wise Business | Low-percentage conversion and receiving in many currencies | Free registration; 31 USD to get account details in 22 currencies [6] [1] | Conversion "From 0.23%" [1] |
| Airwallex | Multi-currency accounts plus cards and bill pay | Explore plan "$0 per user/month" [2] | 0.5% above interbank for major currencies, 1% for others [2] |
| Ramp | US teams paying vendors from one AP and card platform | Free plan "$0/mo/user" [7] | International wire (SWIFT USD) $20, waived from a Ramp Checking Account [4] |
| Veem | Simple payables and receivables with invoicing | Free plan; Premium $24.99 USD [8] | Local-currency international payments listed as free to send and receive [8] |
Payoneer — strongest for getting paid by foreign clients
Payoneer is built around the receiving side of cross-border trade. Its pricing page describes a platform to "receive, send, and manage cross-border payments across 190+ countries and territories and 70+ currencies" [3].
Verified features: Payoneer says you can "Get paid like a local in 13 currencies" through receiving accounts and lets you "Send and track payment requests and invoices" [9].
Pricing: Receiving via an account in your local currency is "Free", while receiving in a currency that is not your local currency costs "1% (minimum fee of 1.00 USD or equivalent)" [3]. Transfers to bank accounts in other countries, such as the UK-to-Singapore and USA-to-UK examples, are listed at "1.2% – 4%" [3]. An annual account fee of 29.95 USD applies only if the account receives less than 6,000 USD in any 12 consecutive months [3].
Strengths: Wide coverage, free local-currency receiving and payment requests suit businesses whose money flows in from abroad.
Limitations: The fee table has many moving parts, and several rows are ranges ("1.2% – 4%") rather than fixed numbers [3]. Payoneer itself notes that "Fees depend on sender and recipient locations, payment method, and currency corridor" [3]. For paying many overseas suppliers, percentage-based withdrawal fees can cost more than a low-markup option, and the low-volume annual fee penalizes mostly idle accounts.
Best fit: Service businesses, agencies and online sellers who are mainly paid by foreign clients or marketplaces and want local receiving details.
Wise Business — transparent conversion for paying and getting paid
Wise Business pitches itself as "The business account for going global" and covers both directions: paying suppliers and contractors abroad and receiving from international customers [6].
Verified features: Wise says "96% of payments take less than 24 hours" (accurate as of Q3 2025, per its footnote), and that you can "create invoices, send payment links, or get paid by card" [6].
Pricing: Wise says "Registration is free and there are no subscriptions or monthly fees" [6]. Getting account details to receive in 22 currencies costs 31 USD [1]. Sending and converting money are both listed with "Fee varies by currency" and "From 0.23%" [1]. Receiving USD wire and Swift payments costs a fixed 6.11 USD per payment [1].
Strengths: A published conversion fee makes costs easy to estimate, and receiving is broad for a no-subscription account.
Limitations: Fees vary by currency, so the "from" figure is a floor rather than a flat rate [1]. Its business pages do not describe bill approval workflows or purchase orders the way Airwallex and Ramp do, so it is less of an accounts payable tool.
Best fit: Small teams that both pay and get paid in a handful of major currencies and want a clear per-transfer price.
Airwallex — a multi-currency account with spend and bill pay
Airwallex combines multi-currency accounts, FX, corporate cards, bill pay and online payment acceptance in one account.
Verified features: Airwallex lists Global Accounts "to collect and hold in 20+ currencies", and its free Explore plan syncs bank feeds, expenses and bills with Xero and QuickBooks [2]. The homepage cites "93% same-day payouts" and says you can generate invoices and payment links [10].
Pricing: Explore is "$0 per user/month" and Grow is "$12 per user/month" plus a platform fee based on team size [2]. FX conversions cost "0.5% above interbank rates for major currencies" and "1% for all other currencies" [2]. SWIFT transfers to 200+ countries cost "$15-$25/ transfer (SHA and OUR)" [2].
Strengths: One account covers receiving, converting, paying and card spend, with a published FX markup and a free plan.
Limitations: The FX markup on major currencies (0.5%) is above Wise's starting conversion figure, and SWIFT transfers carry a flat fee [2] [1].
Best fit: Growing companies that want multi-currency accounts, cards and bill pay in one place and plan to use local transfers rather than SWIFT.
Ramp — paying international vendors from your US AP stack
Ramp is a spend management platform for "Cards, expenses, bill payments, and banking" [11]. We cover only what its pages say about international and bill payments.
Verified features: Ramp Bill Pay supports "standard ACH, Same-Day ACH, Ramp card, check, and domestic and international wire (in USD or foreign currencies)" [4]. Its pricing page lists "Pay global vendors in USD or local currency" among its Global features [7]. Its accounting integrations include QuickBooks Online and Xero on the Free plan [7].
Pricing: The Free plan is "$0/mo/user", and Plus is "$15/mo/user" plus a platform fee based on team size [7]. International wire (SWIFT USD) payments cost $20 USD each, and that fee is waived when paying from a Ramp Checking Account [4].
Strengths: International vendor payments sit in the same approval, invoice and card workflow as the rest of your US spend.
Limitations: Ramp is a payables and spend tool, not a receiving platform for foreign clients. Its accounts receivable features list accepting "payments via ACH, card, and check" [7], and the pages we checked do not describe foreign-currency receiving accounts or publish an FX markup. Ramp points teams that need "global capabilities" to the paid Plus plan [4].
Best fit: US companies with an AP team that pays a mix of domestic and overseas vendors and wants it all in one approval and accounting flow.
Veem — simple payables and receivables with invoicing
Veem describes itself as "your one-stop shop for all of your payments, domestic and international, payables or receivables" [5]. It lists coverage of "100+ countries and 80+ currencies" [5].
Verified features: Veem offers mass pay, payment requests, an invoice builder and guest pay, which gives "clients the option to pay you without setting up a Veem account" [5]. Premium adds real-time sync with QuickBooks Online, NetSuite and Xero [8].
Pricing: Veem has a free plan and a Premium plan at "$24.99 USD" [8]. International payments in local currency are listed as free to send and free to receive, though "FX rates might apply to international payments" [8]. International payments in USD are free to send but cost the receiver $29 [8].
Strengths: A clear fee table, guest pay and invoicing cover both payables and receivables without a large finance stack.
Limitations: Veem does not publish an FX markup on its pricing page, so the true cost of a local-currency payment is hard to compare with Wise or Airwallex [8]. Receiving in USD from abroad carries a per-payment fee [8].
Best fit: Small businesses that pay and invoice a modest number of overseas partners and want accounting sync without a corporate card platform.
How to choose an international payments platform for your business
FX markup vs fixed fees. Most of the cost of sending money abroad for business hides in the exchange rate. Compare a percentage markup (Airwallex lists 0.5% above interbank for major currencies) against per-transfer flat fees such as SWIFT charges [2]. For a few large payments a flat fee can be cheaper; for many small ones a low percentage usually wins.
Receiving accounts. If foreign clients pay you, local account details matter more than send fees. Payoneer, Wise and Airwallex all advertise receiving in multiple currencies [9] [1] [2]. Check whether receiving in your local currency is free and what a Swift receipt costs.
Invoicing and payment links. Payoneer, Wise, Airwallex and Veem all describe invoices or payment requests [9] [6] [10] [5]. If clients pay by card, look at the card fee, which is often far higher than a bank transfer.
Accounting sync. If your books run on Xero or QuickBooks, confirm the integration is on the plan you will actually pay for. Airwallex and Ramp put Xero and QuickBooks on their free plans, while Veem puts its integrations on Premium [2] [7] [8]. Our Xero pricing guide covers the accounting side.
Contractors and payroll. Paying contractors abroad is a payments problem; employing people abroad is a payroll problem, covered in our global payroll solutions roundup. For cards and expense controls, see our expense management software list.
For custom flows, such as paying sellers inside your own marketplace, see our fintech app development work.
FAQ
What are the cheapest international payments for business?
It depends on your mix. Wise lists sending and converting "From 0.23%" with no monthly fees, Airwallex charges 0.5% above interbank for major currencies on a free plan, and Veem lists local-currency international payments as free to send and receive, though FX rates may apply [1] [6] [2] [8]. Compare the total cost, including the exchange rate, on a real payment amount.
How do cross-border payments reach overseas suppliers?
Platforms either use local transfer networks or SWIFT. Airwallex lists local transfers to 120+ countries and SWIFT transfers to 200+ countries at $15-$25 per transfer [2]. Ramp lists international wires at $20 each, waived from a Ramp Checking Account [4].
Can I receive international payments into a local account?
Yes, with some platforms. Payoneer says you can get paid like a local in 13 currencies, Wise offers account details in 22 currencies for a 31 USD set-up fee, and Airwallex lists Global Accounts in 20+ currencies [9] [1] [2].
What is the best way to send money abroad for business in USD?
If the recipient wants USD, check who pays the fee. Veem lists USD international payments as free to send but $29 for the receiver, while Ramp charges $20 for an international wire (SWIFT USD) unless you pay from a Ramp Checking Account [8] [4].
Our recommendation
If you mainly get paid by foreign clients or marketplaces, start with Payoneer, but model the withdrawal fees first. For a clear per-transfer price in major currencies, Wise Business is the benchmark. Choose Airwallex for multi-currency accounts, cards and bill pay together, Ramp when vendor payments belong in a US AP and card workflow, and Veem for lightweight payables and invoicing.
Run one real payment amount through each quote screen before you commit.
Sources
- Wise Business Fees & Pricing: Only Pay for What You Use — checked 2026-11-13
- Plans & Pricing | Airwallex Official Site — checked 2026-11-13
- Pricing | Payoneer — checked 2026-11-13
- Ramp Bill Pay: Accounts Payable Automation Software — checked 2026-11-13
- Home - Veem — checked 2026-11-13
- Wise Business: Grow with the international business account — checked 2026-11-13
- Ramp Pricing and Plans — checked 2026-11-13
- Pricing - Veem — checked 2026-11-13
- All-in-One Global Payment Platform for Businesses | Payoneer — checked 2026-11-13
- Airwallex US: AI Financial Platform for Local & Global Business — checked 2026-11-13
- Spend Management, Corporate Cards & Accounts Payable Solutions | Ramp — checked 2026-11-13
