Top 5 Revolut alternatives: compare fees, features & benefits

If you run a growing business, you’ll need a payment platform that will allow you to open local accounts in several currencies, seamlessly accept payments from international customers, and send money across borders without excessive fees.

Whilst Revolut may be one of your options, you may like to consider its alternatives to see which one suits your needs best.

What is Revolut?

Revolut is a British financial technology company that offers financial services to consumers and businesses through an app-based platform.

Revolut Business is designed to help sole traders, startups, and small companies pay suppliers and employees easily, move money across borders, and manage their business finances. It’s used by fast-growing brands like Wild and ThePower Business School.

For businesses in the UK, Revolut offers four account ‘plans’, starting at £0 per month and scaling beyond £79 per month to include custom plans.  Each plan has feature limits, including monthly caps on the number of no-fee international and local transfers, and the number of currency exchanges at interbank rates.

The Revolut business account supports 25 currencies and payments can be accepted from 100+ countries.

The top alternatives to Revolut

Here are the top alternatives to Revolut.

Airwallex is a global financial technology company that offers a range of financial services, including international payments, multi-currency accounts, and Corporate Cards. It aims to empower businesses of all sizes to drive ‌global growth through easy-to-use transaction solutions.

Payoneer is a global fintech company that offers digital payment solutions. It enables businesses and professionals to send and receive funds, manage finances, and operate internationally. With Payoneer, users can handle cross-border payments and access global markets.

PayPal has been a trusted payment gateway for over 20 years, serving the global community. It empowers eCommerce brands to process payments from credit cards, debit cards, and bank transfers.

Stripe is a technology company that creates the economic infrastructure for the internet. It equips businesses with a comprehensive suite of payment processing tools and APIs to facilitate payment acceptance, payouts, and financial management online.

Wise, previously recognised as TransferWise, specialises in international money transfers like Airwallex. Wise provides multi-currency accounts and affordable, crystal-clear foreign exchange services.

Compare the top four alternatives to Revolut

The top Revolut alternatives: key features and fees

Airwallex, Payoneer, PayPal, Stripe, and Wise are all platforms offering multi-currency payment solutions, each with unique features and target audiences.

Below, we summarise the key features and fees of each alternative to Revolut. For detailed product and fee information, including other charges, please visit each provider’s official website.

Airwallex

Airwallex is a global financial platform designed for businesses to collect, hold, convert, and send multi-currency payments. It supports over 160 payment methods for collections and sends payments to 150+ countries, with trading in 60+ currencies.

Airwallex fees:

• Plans start at £19 p/m

• UK card payments: 1.3% + 20p

• Currency conversions: 0.5%−1% above the interbank rate

Pros:

• Extensive global payment capabilities

• Competitive currency conversion rates

• Designed for businesses

Cons:

• No physical branches – digital-only platform and service

• Does not serve sole traders

• Physical POS system coming soon

Payoneer

Payoneer is a payment platform tailored for marketplace sellers and freelancers. It allows users to collect, hold, and send payments, supporting Visa, Mastercard, Amex cards, and bank transfers (varies by region). It provides multi-currency accounts in nine currencies.

Payoneer fees:

• Payoneer to Payoneer payments: Free

• UK card payments collection: 3-5%

• Currency conversions: 0.5%−3%

• Pricing varies

Pros:

• Designed for freelancers and marketplace sellers

• Multi-currency account options

Cons:

• Variable and potentially higher fees

• Higher fees on card processing than some competitors

PayPal

PayPal offers an international business account for collecting and sending funds, supporting card payments, PayPal transactions, and numerous local payment methods from over 200 countries.

PayPal fees:

• International payments reception: 2.49%−4.89% + 30p

• Currency conversions: 3% above the base exchange rate

Pros:

• Wide global reach

• Versatile payment options

Cons:

• Complicated and potentially high fees

• Higher currency conversion rates

Stripe

Stripe is a payments platform designed to collect customer funds online and in-store. It supports 100+ payment methods, including BNPL and PoS, and collects 135+ currencies.

Stripe fees:

• UK card payments: 1.5% + 20p

• EEA card payments: 2.5% + 20p

• International card payments:

  3.25% + 20p

• Currency conversions: 2%

Pros:

• Extensive payment method support.

• Robust online and in-store payment solutions.

Cons:

• Higher fees for international transactions.

Wise

Wise is a multi-currency payments platform with consumer and business functionality. It allows users to collect payments in 9+ currencies and pay out to 70 countries.

Wise fees:

• Combination of fixed and variable fees

• Send and convert funds from 0.33%

• Free to receive money

Pros:

• Transparent and generally lower fees

• Consumer and business accounts

Cons:

• Fees can vary depending on the transaction

Why choose Airwallex over Revolut?

What questions should I ask when choosing alternative providers to Revolut?

Here are the top 10 most important questions for you to consider when choosing an alternative to Revolut. Use these as a handy guide when doing your research.

1. What is your fee structure?

2. Are there any additional costs for large transactions?

3. What are the charges for international transactions and currency conversions?

4. What level of payment volumes do you support?

5. What is the speed of transaction processing, particularly for large and international transfers?

6. Can you facilitate automated payments?

7. What security measures do you have in place to protect sensitive financial data?

8. What accounting software integrations do you offer?

9. Do you provide dedicated account management support?

10. Do you offer corporate and employee cards? 

Final thoughts on alternatives to Revolut

While both Airwallex and Revolut offer global payment services and multi-currency business accounts at good rates, there’s a clear distinction between the kind of business each platform works best for.

If you’re a scaling company expanding into new markets and targeting worldwide customers, Airwallex’s sophisticated multi-currency business account capabilities are designed to help you grow.

From holding balances globally to moving money instantly with real-time oversight, Airwallex’s features were developed to solve multi-currency transaction challenges. These tend to be faced by fast-scaling global enterprises.

If you’re a large organisation, with Airwallex you’ll benefit from 0 monthly account fees, 0% domestic transaction fees, and 0% international transaction fees when sending to 110+ countries where Airwallex has local payment rails. 

The global payout coverage is also much larger than Revolut’s at 150+ countries, Airwallex’s FX rate is lower for most currencies, and we provide a dedicated account manager for eligible businesses. 

Revolut offers a good option for solopreneurs and startups moving some money abroad, as well as those dealing in crypto and stock investments. 

But if you’re looking at larger transaction volumes or more sophisticated international payment pathways and tech integrations (Xero, Shopify etc), Airwallex has the edge.

Plus, our advanced expense management capabilities can help you streamline your processes and free up your finance team to focus on growth.

Sources & references

1. https://www.payoneer.com/get-paid-by-clients/#:~:text=Payment%20request%20%E2%80%93%20sent%20payment%20requests,bank%20debit%2C%20direct%20bank%20payment

2. https://www.payoneer.com/about/pricing/#pay-your-supplier

3. https://stripe.com/payments/payment-methods

4. https://wise.com/us/blog/stripe-international

5. https://stripe.com/gb/pricing

6. https://wise.com/au/business/receive-money

7. https://wise.com/gb/pricing/business

8. https://www.revolut.com/business/business-account-plans/

9. https://help.revolut.com/business/help/receiving-payments/transfers-info/international-iban

10. https://www.revolut.com/business/cards/

11. https://www.revolut.com/business/partner-apps/

12. https://www.revolut.com/business/money-transfers/

13. https://www.revolut.com/business/savings/

14. https://www.revolut.com/business/multi-currency-accounts/

15. https://www.paypal.com/uk/enterprise/payment-methods

16. https://www.paypal.com/uk/webapps/mpp/merchant-fees

Disclaimer:  

We updated this article in Q2 2025. The information was based on our own online research and we were not able to manually test each tool or provider. The information is provided for educational purposes only and a reader should consider the specific requirements of their business when evaluating providers. If you would like to request an update, feel free to contact us at [email protected].

Related articles about payment services and solutions:

• Top Payment Gateway Providers & Services in the UK

• Top Payment Processing Services & Companies in the UK

• Top eCommerce Payment Systems & Solutions in the UK

• Top Online Payment Systems & Providers in the UK

• Top Digital Payment systems & Solutions in the UK