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PayiO provides named business accounts in GBP, USD, and EUR for UK-registered companies. They offer currency exchange services at the mid-market rate, enabling clients to make and receive payments in over 130 currencies. PayiO also provides an eCommerce plugin for cardless payments powered by open banking.
Feature Matches3/15
See all3/15
Must Have
2 of 5
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Transparent Low Fees
Borderless Debit Card
Fast Transfer Execution
Other
1 of 10
Business Account Features
Batch Payments
API Integration
Real-Time Rate Alerts
Invoice Creation
Spending Analytics
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Rationale
PayiO offers business accounts in multiple currencies (GBP, USD, EUR) and provides currency exchange services at the mid-market rate. The website content explicitly mentions 'Corporate FX Our currency exchange provides the real mid-market rate and enables clients to make and receive payments in 130+ currencies' and 'Pay iO offers UK-registered companies named business accounts in both GBP,USD and EUR'. These features align with the 'Wise' concept of multi-currency accounts and mid-market exchange rate transfers, especially for business clients.
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See allBest alternatives to [Product] in 2024?
Reddit·tech_enthusiast·2d ago·+142
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.
Show HN: We built a better [Product]
Hacker News·startup_founder·5d ago·+89
After struggling with [Product]'s limitations, we decided to build our own solution.
It handles edge cases much better and the API is actually documented properly.
Check it out at our site.
[Product] vs Competitor B - which one should I choose?
Reddit·confused_buyer·Nov 30·+67
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.
Why we migrated away from [Product]
Hacker News·cto_mike·Nov 27·+234
The breaking point was when they changed their API without notice. We lost 3 days of productivity. Solution C has been rock solid for us since we switched.