Summary
Payset provides virtual IBAN accounts, multi-currency accounts, and currency exchange services for businesses. Their platform enables international payments, management of global cash flow, and issuance of prepaid cards for staff expenses, aiming to simplify cross-border transactions with competitive rates and efficient processing.
Features11/15
See allMust Have
4 of 5
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Other
7 of 10
API Integration
Business Account Features
Spending Analytics
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Batch Payments
Real-Time Rate Alerts
Invoice Creation
PricingTiered
See allFree
- Multi-currency account in 34 currencies
- Receiving Worldwide: Europe Single Euro Payments Area (SEPA), UK FasterPayments, Chaps, Bacs, United States Fedwire, ACH, From another Payset account: Instant transaction
Signup and monthly
- Account details in up to 34 currencies
- Receive Money Locally: EUR, USD, GBP, DKK (non-wire, non-Swift)
- Receive by another Payset customer
- Holding money in your account
Signup and monthly
- Account details in up to 34 currencies
- Receive Money Locally: EUR, USD, GBP, DKK (non-wire, non-Swift)
- Receive by another Payset customer
- Holding money in your account
Signup and monthly
- Account details in up to 34 currencies
- Receive Money Locally: EUR, USD, GBP, DKK (non-wire, non-Swift)
- Receive by another Payset customer
- Holding money in your account
Signup and monthly
- Account details in up to 34 currencies
- Receive Money Locally: EUR, USD, GBP, DKK (non-wire, non-Swift)
- Receive by another Payset customer
- Holding money in your account
Rationale
Payset offers multi-currency accounts, prepaid cards, and currency exchange services for businesses, aligning well with the core concept of international money transfers and multi-currency management. They emphasize low fees and fast transfers, and provide features like API integration, business account tools, and customer support. While they mention 'real-time rates' and 'wholesale rates', the explicit 'mid-market exchange rate' is not directly stated, which slightly reduces the confidence score for that specific feature, but the overall offering is a strong match.
