10 Best XTransfer Alternatives for Global Business Payments (2026)

This article focuses on the Best XTransfer Alternatives that help with managing cross-border payments, multi-currency collections, and international transfers in a more efficient manner.

These alternatives have excellent foreign exchange rates, full global account coverage, and adaptable payment options, making them ideal global payment platforms for eCommerce sellers, freelancers, and expanding businesses.

What is XTransfer Alternatives?

XTransfer alternatives are software and financial services that assist companies in sending, receiving, managing, and automating payments and multi-currency financial functionalities outside the XTransfer ecosystem.

Alternatives offer features like global business accounts, favorable rates for foreign exchange (FX), international payouts, local counterpart receiving accounts, API automation, and marketplace automation for e-commerce, freelancers, and multinational companies.

For instance, there are WorldFirst, Payoneer, Airwallex, PingPong Payments, and Revolut Business. These companies offer diverse features at different prices with varied global coverage.

Considering the supported currencies and fees, outreach and ease of integration, and customer support offered, as well as your business’s global payments and/or treasury processes, are the main considerations when selecting the right alternative.

Key Point & Best XTransfer Alternatives List

1. WorldFirst

WorldFirst is based in 2004, operating from the UK, dealing with global business payments and multicurrency accounts, enabling clients to receive, hold, convert, and send funds with cheaper foreign exchange rates and integration with marketplaces.

Opening accounts is free with no monthly fees or annual fees, with the ability of the business to receive in more than 20 currencies and send funds in more than 100 currencies with lower conversion mark ups. For worldwide business users,

WorldFirst provides email support and phones by region. For businesses with needs like XTransfer regarding cross-border collections and international payouts, WorldFirst competes with Wise Business and Airwallex, which provides transparent fees and is developer friendly.

WorldFirst Features , pros & Cons

Features

1. Business accounts for multiple currencies
2. Reasonable rates for forex and conversions
3. Local accounts for receiving payments in key areas
4. Payments to be received in over 100 currencies
5. Integrations with various marketplaces

Pros

• Good value on foreign exchange for small and medium enterprises
• Management of payments is very easy to do with the dashboard
• Services are offered globally and there is access to major trading routes
• No fees on accounts every month
• Availability for most countries

Cons

• Compared to other competitors, the support is slower
• They do not have an ideal system for application programming interfaces
• They are not suited for payments that frequently occur
• There are not as many other financial services that are not for business
• There are restrictions on where the service can be used

2. Payoneer

Payoneer started in 2005 and is a global payments platform that permits businesses and freelancers to send and receive funds in different countries, keep payments in different currencies, and gives them a prepaid debit card.

Payoneer accounts have annual fees that can be in the region of $29.95, depending on the type of transaction and the currency that needs to be converted, and some accounts can have maintenance fees.

Payoneer, who can support payments in more than 70 currencies, gives customer service support with online help centers and other support services, in addition to having a marketplace integrated with Amazon, Fiverr, and Upwork. For users looking for an XTransfer alternative with great efficiency in collections and payouts, PingPong Payments and Wise Business have great reputation for lower fees and easier local accounts.

Payoneer Features , pros & Cons

Features

1. Wallet that can hold multiple currencies
2. Accounts that enable you to receive payments locally
3. You can receive a business debit card that is prepaid
4. Integrations with various e-commerce platforms
5. Payments can be distributed in bulk

Pros

• Very useful for people who work freelance as well as people who sell online
• You can receive accounts for many countries
• You can make payments to both a bank and a card
• They have lots of partnerships with other companies
• Very easy to sign up

Cons

• They do have transaction and annual fees which can be high
• They can have high foreign exchange rates
• Support on the platform is not very responsive
• They are not as strong as other competitors for automation through application programming interfaces
• Card advantages are not offered in all locations.

3. Airwallex

Established in Melbourne in 2015, Airwallex offers API-based global financial services like: multi-currency accounts, foreign exchange transfers, payment processing, virtual/physical cards, and treasury management.

Competitively priced, Airwallex offers transparent pricing with a breakdown of foreign exchange and transfer fees which are based on volume and corridor but may vary by region and plan. Support is accessible on the Help Onlin and via account management.

If businesses require XTransfer alternatives, Wise Business and Revolut Business as they offer higher degrees of automation, global pay-in/pay-out capabilities, and embedded spend management to address scalability of multi-currency accounts.

Airwallex Features , pros & Cons

Features

1. First APIs of global accounts.
2. Wallets of many currencies.
3. Transfers across borders.
4. Instruments to accept payments and manage funds.
5. Virtual and physical cards for companies.

Pros

• For automation, APIs are offered with developer convenience.
• Prices for foreign currency exchange are near interbank rates.
• Can be useful for growing companies and technology-oriented businesses.
• Provides coverage across many countries.
• Expense management and cards are integrated.

Cons

• Pricing levels can be perplexing to some customers.
• More enterprise features are preferable for companies of a bigger size.
• Less traditional consumer banking.
• Certain functionalities are restricted to specific regions.
• There can be variations in quality for support.

4. PingPong Payments

PingPong Payments is a Cross Border payment platform tailored to the needs of eCommerce merchants and SMEs. It enables users to collect payments from marketplace sales and pay global suppliers.

Founded in 2015, PingPong Payments allows users to get access to multi currency wallets, local receiving accounts in over 23 currencies, and offers bank account payouts in over 200 countries.

Fees are competitive with no monthly account fees however particular pricing depends on the transaction. Support is limited to online documentation. Within the XTransfer alternatives, PingPong is leading the field in eCommerce use and is in competition with Payoneer and Airwallex on marketplace payment collections.

PingPong Payments Features , pros & Cons

Features

1. Accounts for receiving payments in multiple currencies.
2. Payments across borders.
3. Foreign exchange with minimal conversion costs.
4. Integrations with online marketplaces.
5. Settlements in-country.

Pros

• Effective for online retailers.
• Fees are simple and easy to understand.
• Local accounts minimize friction in banking.
• Foreign exchange rates are better than many banks.
• Quick account creation.

Cons

• Largely concentrated on collections from sellers.
• Lacks a complete range of tools beyond payment processing.
• There can be limited support based on geographical area.
• Corporate cards are not available.
• Airwallex has more developed API tools.

5. Revolut Business

Revolut Business is the only platform to extend consumer Revolut services to the business world by offering services like: multi-currency accounts, international transfers, corporate cards, expense management, and integrations with invoicing and accounting software.

Most subscription levels are chargeable – from free tier to premium – and there may be currency exchange fees, based on the country and the plan level. You can access help with currency exchange fees on the in-app chat and the help center on the website.

Other Companies looking for XTransfer alternatives may consider Airwallex or Wise Business which have more currency exchange and API capabilities for international collections and disbursements.

Revolut Business Features , pros & Cons

Features

1. Accounts with multiple currencies.
2. Transfers outside of the country.
3. Cards for companies.
4. Managing expenses.
5. Coupling with financial management software.

Pros

• Complete business financial platform.
• Real-time foreign exchange rates via the app.
• Issuance of cards with control over expenditures.
• Invoice generation and reporting capabilities.
• Multiple tiers of plans.

Cons

• Foreign exchange charges beyond ‘free’ limits.
• Limited as a full service ‘bank’ in various regions.
• Support staff response times can be slower during busy hours.
• Some more sophisticated features are behind a paywall.
• Limits on free transfer quotas.

6. Remitly for Business

Remitly provides Remitly Business as a payment service to U.S. businesses and allows sending payments to many international suppliers, contractors, and employees in more than 100 currencies.

Opening a business account is free and payments can be sent with transparent fees. The fees are stated clearly and depend on the payment method and the payment’s currency. The support is not personalized and is based on the FAQs for business customers.

As an XTransfer alternative, it is best for quick payouts and payroll sent to businesses, but there are still options like Wise Business and Airwallex that have more capabilities for receiving in multiple currencies.

Remitly for Business Features , pros & Cons

Features

1. Allows payments to businesses internationally.
2. Competitive foreign exchange rates in primary payment regions.
3. Numerous options for payment delivery.
4. Pricing is clear with no hidden fees.
5. Support available online.

Pros

• Pricing is clear with no hidden fees.
• Very good for payments to employees and supplier payments.
• Many payment delivery regions available with rapid payment delivery.
• Simple process to start using the service.
• Reputation for providing strong service to customers.

Cons

• No support for a wallet that holds multiple currencies.
• Focus is on payroll and does not offer as many related features.
• Less integration with other services such as for marketplaces.
• Does not emphasize on payment collections.
• Limited options available for using an application interface.

7. Glint Pay

Glint Pay allows people to buy, hold, and spend gold, a precious metal. The ability to hold a digital currency on a card offers protection from currency feed loss. It is not free and there are costs for processing payments and to maintain a gold subscription. These fees vary based on the country of residence and the gold buying or selling activity.

The assistance is done via the app help and customer service features. If you feel the need to transfer your funds in a different way and still have global payment capability, please check out Revolut Business (offers multiple currencies and cards) and Wise Business (offers cheap cross-border transfers). 

Glint Pay Features , pros & Cons

Features

1. Digital value storage that is backed by gold.
2. Ability to make payments using various precious metals.
3. A debit card that allows access to the gold value.
4. Support for multiple currencies.
5. Ability to keep track of value.

Pros

• Hedging value is unique due to the gold backing.
• Ability to store value in an alternative way.
• Allows flexible spending using the card.
• Can make payments anywhere worldwide.
• Stored value is less volatile compared to traditional currencies.

Cons

• Does not offer traditional services for cross-border payments.
• Charges are related to gold’s volatility and spread
• Not ideal for frequent corporate payments
• B2B functionality is insufficient
• Accessibility is inconsistent

8. MoMo (Vietnam)

MoMo is the first and largest mobile payment service in Vietnam and has been in the market since the 2010s. They offer different services like QR payment, bill payment, P2P payment, and merchant payment.

They have a a domestic wallet to help users’ convenience, and they charge a small fee per transaction depending on the type of service the user performs.

They have a customer service feature in the app. While MoMo is not a business remittance provider like XTransfer, vendors in Vietnam can access alternative partners of international remittance services (like Remitly that allows users to transfer to MoMo).

MoMo (Vietnam) Features , pros & Cons

Features

1. Electronic wallet and QR code payments
2. Peer-to-peer payments
3. Bill payment and recharge
4. Merchants accept QR codes
5. Help in the app

Pros

• Most popular wallet in Vietnam
• Quick QR and local payments
• Increasing merchant adoption
• Smooth usage in the country
• Low fees for local transfers

Cons

• Only support domestic payments
• Not meant for large transfers between businesses
• Little foreign currency exchange and international payments
• No automated business operation features
• Not a substitute for international payment services

9. CrossTech

CrossTech is the name given to FinTech companies that offer cross-border payment structures and financial operation tools for businesses.

They have payment API systems, foreign exchange management systems, and auto-reconciliation services. Pricing is usually based on transaction volume and services chosen, with usage based on the the support they offer, such as developer documentation and account managers.

XTransfer alternatives such as Airwallex and Wise Business provide cross-border payments API and global account offerings that enable businesses to automate and track payments abroad with transparency.

CrossTech Features , pros & Cons

Features

1. Infrastructure for payments across borders
2. Payments integrated via API
3. Automated compliance
4. Tools for treasury management
5. Analytics and reporting

Pros

• Integration is simple for developers
• Solid compliance support
• Good flexibility for platform creators
• Workflow payment automation
• Targeted for international fintechs

Cons

• No payment wallet for consumers
• Usage-based pricing can be expensive
• More tech experts are needed
• Banking services are few
• Not a complete business bank

10. SaasAnt Transactions

SaasAnt Transactions is an automation and accounting solution for QuickBooks and Xero that focuses on simplifying the reconciliation process by uploading and controlling the bank/payment data. Cost is mainly based on subscription models, and there is customer service through help guides and local technical support.

While XTransfer is not a payment processor, for payments integrated into accounting systems, Stripe or PayPal Commerce Platform with QuickBooks/Xero connectors can help with simplified automation or business reporting. It is a XTransfer alternative.

SaasAnt Transactions Features , pros & Cons

Features

1. Get transaction data from external sources
2. Automate bank reconciliation
3. Sync with accounting software
4. Manage large volumes of data
5. Reporting tools

Pros

• Saves time on accounting reconciliation
• Integrates with QuickBooks/Xero
• Bulk import lightens manual workload
• Neat interface
• Enhances ledger accuracy

Cons

• Isn’t a payments processor
• No foreign exchange or multi-currency accounts
• Some direct payout capabilities
• No marketplace integrations
• Depends on plan

Conclusion

Your customfitXTransfer best alternative will depend on your business size, location, and payments needs. Businesses needing multi-currency accounts, global collections, and cheap international transfers will benefit from WorldFirst, Airwallex, and Payoneer. For cross-border eCommerce sellers, PingPong Payments fits best.

If your business is a startup needing digital banking, cards, expense management, and other banking features, Revolut Business is a good choice. For transparent and straightforward solutions, businesses can use Remitly for Business.

Other businesses can use MoMo, Glint Pay, CrossTech, SaasAnt Transactions for payments, location-based payment solutions, value storage, infrastructure, accounting automation and other niche services. Ultimately, businesses ought to choose an alternative based on coverage, pricing, competition, and scalability to optimize global payments.

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