borderless
getborderless.comSummary
Borderless is a global payments platform that facilitates international payouts for businesses and individuals, particularly freelancers and remote workers. It focuses on providing low fees and competitive exchange rates for direct bank transfers, aiming to simplify cross-border payments. The platform offers API integration for businesses and supports mass payouts, along with features for compliance and account management.
Features9/15
See allMust Have
3 of 5
Mid-Market Exchange Rate Transfers
Transparent Low Fees
Fast Transfer Execution
Multi-Currency Account
Borderless Debit Card
Other
6 of 10
Batch Payments
API Integration
Business Account Features
Mobile App
Regulatory Compliance
Customer Support
Real-Time Rate Alerts
Invoice Creation
Spending Analytics
Multi-User Access
PricingTiered
See allCo-Creator (Free)
- Receive payments
- Low fees
- Great exchange rates
- Avoid incoming wire fees where available
- Cannot make payments
- Limitations apply
Starter
- Payouts to 120+ Countries
- Low Foreign Exchange Rates
- Same Day Delivery In 45+ Countries
- 35+ Multi-Currency Accounts
- Automated Compliance
- 100 Active Contacts
- 50 Payments per CSV / API request
- Email & Live Chat Support
Growth
- Payouts to 120+ Countries
- Low Foreign Exchange Rates
- Same Day Delivery In 45+ Countries
- 35+ Multi-Currency Accounts
- Automated Compliance
- 250 Active Contacts
- 250 Payments per CSV / API request
- Phone, Email & Live Chat Support
- Borderless Link Widget
- Pay To Emails Feature
Custom
- Payouts to 120+ Countries
- Low Foreign Exchange Rates
- Same Day Delivery In 45+ Countries
- 35+ Multi-Currency Accounts
- Automated Compliance
- Up to Unlimited Recipients
- Up to 3,000 Payments per request
- Dedicated Tech Support
- White Label borderless Link Widget
- White Label Pay To Emails
- White Label Payment Notification
- White Label On-boarding API
- 1099 Forms Available
- Partner API Upgrade Available
Rationale
Borderless offers global payout solutions for businesses and individuals, emphasizing low fees and competitive exchange rates. While it doesn't explicitly state 'mid-market exchange rate,' it claims 'better exchange rates' and 'highly competitive FX rates,' which aligns with the spirit of the feature. It also highlights transparent and low fees, fast transfers, and offers API integration for businesses. The platform supports batch payments and has features for business accounts, including user permissioning and compliance. Although it doesn't offer a multi-currency account or a debit card for individuals, it focuses on direct bank transfers in local currencies. The website mentions a mobile app and customer support, and emphasizes regulatory compliance.