Competitors
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Unlock Full ReportOyster is a global employment platform designed to simplify hiring, onboarding, and paying international contractors and full-time employees. It provides tools for compliant hiring, streamlined payroll in multiple currencies, and HR management across over 180 countries. The platform aims to reduce administrative burden and ensure legal compliance for distributed teams.
2 of 5
Transparent Low Fees
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Borderless Debit Card
6 of 10
API Integration
Business Account Features
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Batch Payments
Real-Time Rate Alerts
Invoice Creation
Spending Analytics
Oyster is a global employment platform that helps businesses hire, onboard, and pay international contractors and full-time employees. While it facilitates international payments, its core offering is HR and compliance management, not direct money transfers or multi-currency accounts for individuals/businesses in the same way Wise operates. It does offer transparent pricing and fast payments, and has an API for integration. It also provides business account features, mobile app, regulatory compliance, multi-user access, and customer support. However, it does not explicitly mention mid-market exchange rates, borderless debit cards, or real-time rate alerts, which are key features of Wise.

I've been using Alternative A for 6 months now and it's been fantastic. The pricing is much better and the features are actually more robust than what [Product] offers.
It handles edge cases much better and the API is actually documented properly.
Check it out at our site.
Honestly, after trying both, Competitor B wins hands down. Better customer support, cleaner interface, and they don't nickel and dime you for every feature.