[toptal]

We at Toptal initially created TopTracker payments (we don't monetize on this product at all) to be the lowest form of payments for freelancers globally by partnering with Payoneer. Essentially, it's a fixed 2% transfer cost including FX, however TransferWise is often able to beat that.

We, and I'm sure other companies, would love to partner with TransferWise, however they've yet to create API's that allows for a product to work with their system effectively. Once they do so, this will be a game changer for doing payroll globally.

[jddj]

Really?

A lot (most?) of the fintechs in the UK/EU seem to use TransferWise under the covers for their foreign currency exchange, and while I haven't used the api itself yet I have skimmed the docs for it and they seem detailed enough.

They (intentionally, afaict) don't provide a checkout flow, but there's still a lot there.

[toptal]

For doing payroll like transfers, especially with strong compliance, there's a lot of under the hood functionality required. Payoneer has spent over a decade creating this, while TransferWise still has a long ways to go.

[nilanp]

Hi - we certainly do have an API at transferwise. I'm in the product team. Drop me a line at n at transferwise dot com.

Nilan

[sebastianconcpt]

My traditional bank is less expensive than that

[alibaba_x]

Doesn't TopTracker payments require both freelancer and client to create a Payoneer account? Requiring clients to sign up for Payoneer is a huge barrier to adoption for your service.