Top 7 Wise Alternatives for Businesses in 2025 (Compare Features & Fees)

Are you a business owner or finance professional looking to reduce cross-border fees in 2025? Then you’re probably curious about the top 7 Wise alternatives for businesses in 2025 (compare features & fees) that can trim foreign exchange costs and offer broader capabilities. While many still rely on Wise for basic transfers, options that focus on advanced invoicing, mass payouts, or emerging markets might be a better fit going forward.

In fact, the World Economic Forum’s Future of Jobs Report notes that 23% of current roles will shift in the next five years due to ongoing digital and commercial trends, so staying flexible in your payment solutions is key. If you want an in-depth look at what Wise currently offers, check out this Wise Business Account review before you explore these newer alternatives.

Why Seek a Wise Alternative in 2025?

Wise excels for individuals and small-scale transfers, but as businesses expand, they often need specialized services such as mass payments, stablecoin on/off-ramps, or advanced compliance checks. More complex workflows call for tools that can manage multiple currencies, handle regional regulations, and offer robust dashboards.

Another factor involves cost. Although Wise is known for low fees, other platforms may offer better rates at higher transaction volumes. According to McKinsey’s Global Consumer Sentiment Survey, 75% of consumers tried new shopping behaviors during the pandemic, reflecting how quickly markets can pivot—so it’s crucial that your payment provider can adapt as well.

Crucial Features to Evaluate

Before switching:

• Multi-Currency Support: Allows you to operate globally, pay contractors in local currencies, and avoid unnecessary exchange markups.

• Bulk Payment & Invoicing Tools: Automating routine payouts, sending bilingual invoices, or scheduling recurring bills can simplify your daily workload. For example, efficient invoice management is often a priority for businesses scaling in different markets.

• Regulatory Compliance: Payments that meet Know Your Customer (KYC) and Know Your Business (KYB) requirements help you avoid roadblocks as you move funds internationally.

• Fees & Markups: Look for transparency on foreign exchange rates, monthly fees, and per-transaction charges.

• Integration & API Support: For businesses that want to merge payment workflows with existing accounting systems or e-commerce platforms.

Below are the top seven Wise alternatives that meet these criteria and can serve your business more effectively in the coming year.

1. Mural Pay

Mural Pay is a business-focused global payments platform offering instant payments with support for 40+ currencies. It is designed for international payroll, stablecoin on/off-ramps, and large-scale vendor payouts. Because it provides advanced KYB/KYC compliance, it’s a favorite for companies operating in markets that require strict oversight.

• Pros:

  • Fast cross-border transactions at a lower cost than many legacy providers

  • Bulk (batch) payouts for contractors and suppliers

  • Strong compliance framework for international money movement

  • Access to stablecoin on/off-ramps for emerging regions

• Consider It If: You pay large teams overseas, need a robust compliance setup, or want to integrate stablecoins in your financial process. You can also take advantage of instant global payments to accelerate your cash flow.

• Compared to Others: Mural Pay is cheaper and quicker than Wise for larger transactions, and it addresses business-specific needs better than Revolut’s personal-oriented interface.

2. Airwallex

Airwallex is popular for its multi-currency wallets and borderless cards. It’s often chosen by small-to-midsize businesses that want an easy way to hold and spend funds in multiple currencies.

• Pros:

  • Efficiently manages multiple currencies in one place

  • Competitive FX rates for global transactions

  • API integrations suit tech-driven businesses

• Consider It If: You’re aiming to expand into multiple countries and want an interface that caters to software integrations.

• Compared to Others: Airwallex competes directly with Mural Pay on cross-border speed but offers fewer stablecoin capabilities. Meanwhile, it beats PayPal on currency coverage.

3. Revolut

Revolut caters to both individual users and businesses, though it’s better known for personal accounts. Businesses that use Revolut often appreciate the easy budgeting tools and multi-currency balances.

• Pros:

  • Real-time currency conversion within the app

  • Sleek user interface on mobile

  • Straightforward spending controls, including virtual cards

• Consider It If: You’re a smaller business wanting everyday banking features along with multi-currency convenience.

• Compared to Others: Revolut’s robust consumer features are a plus, but it may lack advanced invoicing or compliance tools that Mural Pay or Airwallex provide.

4. Payoneer

A well-established platform for freelancers, Payoneer also helps businesses send payouts worldwide. It offers local receiving accounts in major currencies and basic e-commerce integrations.

• Pros:

  • Especially useful for marketplace sellers and freelancers

  • Multiple currency accounts for receiving overseas payments

  • Widely recognized in freelance platforms

• Consider It If: You frequently hire freelancers abroad and want to centralize mass payouts.

• Compared to Others: Mural Pay generally outperforms Payoneer on compliance for high-volume transactions and stablecoin usage. Payoneer focuses more on typical freelancer or contract payments.

5. PayPal

Despite being consumer-friendly, PayPal also has business accounts, including invoicing options. It’s widely accepted and recognized around the globe, though its fees can be higher than alternatives.

• Pros:

  • Global brand recognition and trust

  • Quick setup and immediate availability for receiving online payments

  • Includes a basic invoicing feature

• Consider It If: You want a well-known solution with a massive user base.

• Compared to Others: PayPal is convenient but can become pricey at large volumes. Mural Pay typically offers lower fees for large cross-border transactions.

6. Stripe

Stripe focuses on e-commerce transactions. It’s known for a powerful API that developers can customize for subscription billing, payment gateways, and more.

• Pros:

  • Excellent developer tools and API integration

  • Detailed analytics and reporting for e-commerce

  • Multiple payment gateway options

• Consider It If: You run an online store or subscription service and need flexible payment customization.

• Compared to Others: Stripe’s advantage is customization, whereas Mural Pay leans toward instant business payouts with stablecoin support. Stripe might be more expensive for large international transfers.

7. AvidXchange

AvidXchange focuses on automating accounts payable (AP) processes, from invoicing to final payment. It also has specialized tools for real estate, construction, and other B2B-heavy sectors.

• Pros:

  • End-to-end AP automation

  • Invoice capture, processing, and payment in one ecosystem

  • Strong vendor management features

• Consider It If: You manage a complex supply chain that requires thorough invoice and vendor oversight.

• Compared to Others: This service stands out for niche AP automation. However, if you often pay overseas vendors, Mural Pay might give you better currency coverage.

Comparing Fees & Features

Each platform has slightly different fee structures—some charge by transaction, others by monthly subscription, and a few combine both. The Ellen MacArthur Foundation indicates that up to $4.5 trillion could be gained globally by shifting to more efficient, circular systems, suggesting that businesses using cost-saving payment platforms can boost their margins.

• Transaction Fees: PayPal and Payoneer often have per-transaction percentages, while Airwallex and Mural Pay may charge lower FX markups when you handle large amounts.

• Monthly Costs: Stripe and Revolut have tiered plans, which might or might not include advanced features like expense tracking.

• Extra Tools: Mural Pay offers stablecoin on/off-ramps. Revolut has personal finance elements. Stripe features advanced APIs for e-commerce.

• Hidden Costs: Be aware of extra fees for bank withdrawals, special card usage, or multi-currency holding accounts.

Understanding Payment Compliance in 2025

Global regulations are tightening. Instances of fraud and money laundering push providers to adopt robust KYC and KYB measures. Mismatched or missing documentation can delay payouts, especially if you’re dealing with multiple regulatory jurisdictions.

Look for providers that:

• Frequently update their compliance protocols

• Offer guidance on verifying payees and receiving accounts

• Provide real-time monitoring for suspicious activities

Platforms like Mural Pay stand out for thorough auditing tools that help you stay on top of cross-border regulations.

Expanding Payment Options for Emerging Markets

Emerging markets in Latin America, Africa, and parts of Asia often need access to better cross-border payment tools. For these regions, stablecoin on/off-ramps or local currency support can be vital. PayPal is seldom the most cost-friendly for emerging markets. Meanwhile, Mural Pay’s stablecoin integration and fast local banking networks make it attractive for businesses seeking to pay large teams or vendors in these areas.

Key Takeaways

Choosing the right alternative to Wise depends on your business priorities. Whether that means faster settlements, better compliance, or cost savings, these seven platforms can meet various needs. If you’re eager to discover more methods for low-cost international transfers, explore our guide to cheap ways to send money internationally. With the correct solution in place, you’ll be more adaptable to shifting market demands and better positioned to grow into new territories.

References

1. World Economic Forum. (2023). “Future of Jobs Report 2023.”

2. McKinsey & Company. (2021). “Global Consumer Sentiment Survey.”

3. Ellen MacArthur Foundation. (2020). “Economic Potential of Circular Economy Principles.”

(No external URLs are provided apart from the attribution text. All payment platform solutions and data references are based on background information. Internal links point to Mural Pay resources.)