Philippine businesses serving international clients lose money sa every cross-border payment. Banks charge 2-4% FX markup. Wire transfers cost ₱1,500-3,000 each. BPO companies, IT outsourcing firms, at export businesses processing significant international volume can save millions of pesos annually by switching to modern payment platforms.
Business Payment Options
| Platform | FX Cost | Wire Fee | Currencies | Best For |
|---|---|---|---|---|
| Airwallex | 0.3-1% | Low/Free | 60+ | Business scale |
| Wise Business | 0.3-0.6% | Low | 40+ | SMB |
| PayPal Business | 3-4% | 2-4.4% | 25 | E-commerce |
| Bank wire | 2-4% | ₱1.5-3K | All | Traditional |
Optimize Business Payments
Open Airwallex business account — collect sa 60+ currencies, hold multi-currency balances, at convert at competitive rates. For individual freelancers, Wise personal accounts are better suited.
PH Business Use Cases
- BPO collections: Receive USD from US clients at near-interbank rates
- IT outsourcing: Multi-currency invoicing for global clients
- OFW remittances: Business-scale remittance processing
- E-commerce: Accept international payments sa your online store
- Supplier payments: Pay international vendors at better FX rates
Frequently Asked Questions
Available sa PH?
Yes. Business accounts for registered Philippine companies.
BSP compliant?
Operates within international payment regulations. Verify with bank.
Savings vs bank?
Save 50-80% sa international transfer fees at FX costs.
API?
Yes. Full API for payment automation at integration.
Related: Payments | Earn Money | Freelancing