Wise Payment Service
Wise is an international payment service that supports over 750 currency routes worldwide, including GBP, USD, EUR, AUD and CAD, and provides multi-currency accounts. Wise was established in 2011 and authorized by the UK Financial Conduct Authority (FCA) for electronic money transactions.
Account types
Personal and corporate accounts. Wise for business is suitable for everyone: both for freelancers or sole traders and large enterprises. When filling in the company's information, the system will inform you whether it supports business clients from your region. You manage your account via online banking. There are no requirements to average monthly balance on your account.
An account can be opened remotely by registering on the payment system website.
Payoneer
Payoneer is a global payment service that facilitates online money transfers and provides a suite of financial services. Licensed across multiple jurisdictions including the USA, EU, Hong Kong, Japan, Australia, and India, Payoneer operates with an extensive network of 21 offices and employs over 1500 staff worldwide.
Account Options
Payoneer provides both personal and corporate accounts, catering to a broad range of business needs without restrictions on company activity types or jurisdiction. Additionally, there are no caps on the amounts for incoming or outgoing payments, which offers significant flexibility for business operations. Accounts are managed through an efficient online banking system, and there are no requirements to maintain a minimum monthly balance, further reducing the financial burden on businesses.