Any alternatives to Wise?

Bspelnl

Regular Member
Joined
May 31, 2023
Messages
269
Reaction score
127
Hey guys, any alternatives to Wise where i could accept bank(wire) payments from my clients worldwide and the tax authorities in EU wouldn't see it? I've heard with Wise it's easy, since it doesn't have an office in specific EU country where I live, so I'm wondering what other alternative I could use to Wise?
 
Payoneer
Slash business
Revoult business
Airwallex
 
I'm pretty sure EU tax authorities can monitor Wise transactions, they can ignore it to some extent but at some point (amount per year) it gets visible. Maybe look for non-EU solutions, like Paxum
 
Payoneer
Slash business
Revoult business
Airwallex
Revolut is seen by tax authorities. Maybe Payoneer not, but Payoneer itself asks to connect a local bank(where you live) to their platform.
 
If you're looking for Wise alternatives to accept wire payments globally while minimizing visibility to EU tax authorities, consider Payoneer, Revolut Business, Mercury (for US-based businesses), and OFX. These platforms offer international transfers, but most comply with tax regulations.

For more privacy, some businesses use cryptocurrency payments via Binance Pay or BitPay. However, avoiding tax reporting can have legal risks, so it's best to check local regulations before choosing a payment method
.
 
Interesting question! Have you looked into using a local payment processor in the countries where your clients are?
 
Yes, alternatives to Wise include PayPal, Revolut, Remitly, Payoneer, OFX, and Xoom.
 
1. OneSafe · 2. Ampere · 3. RelayFi · 4. Soldo · 5. Payhawk · 6. Credem · 7. Brex · 8. Reap.
 
I've had no issues with Payoneer, so that might be a good choice for you. Revolut is fine as well, but yes, could be an issue if you want to hide from EU tax authorities. Best of luck!
 
Back
Top