[whichquestion]

Are there any companies arbitraging this % difference by collating lots of different businesses transactions into larger sums to then move into a particular currency for business owners who transact in non local currencies?

[withinboredom]

I’m pretty sure Wise does something like this. Protip, you can get a Wise business account and collect stripe payments in a local currency, then bulk fx it to your local currency.

Why Stripe isn’t partnering with them, I don’t know. My bank partners with Wise to get the best exchange rate possible (Bunq) when I’m out of the EU. It’s fantastic.