Ecommerce tool
Wise Business
Wise Business provides multi-currency accounts with local bank details in major markets, letting cross-border sellers receive payouts like a local and convert at mid-market rates. It also offers batch payments to suppliers and a business debit card for spending in multiple currencies.
Who it's for
Small and mid-size sellers who get paid from marketplaces or customers in several countries and want cheaper FX than traditional bank wires.
Caveats
Wise is not a full bank, so some marketplace payout integrations and lending products are unavailable. Coverage of receiving currencies varies by country of registration.
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