Cross-Border Payout Fees: FX Markups and Per-Payout Pricing at Wise, Airwallex, Nium, and Payoneer
TLDR Cross-border payout fees consist of two components: a flat per-transaction fee and an FX markup embedded in the exchange rate. Wise charges a transparent percentage fee on top of the mid-market rate. Airwallex eliminates FX markup between held balances…
