What a payout actually costs, and why the cheap ones are not

The price on the page is the network fee. It is real, and it is usually the smallest of the four.

The second is FX. If you hold euros and pay a seller in pesos, someone converts them, and the spread on that conversion is a cost whether or not it appears as a line item. We show the mid-market rate and our margin on every payout before you send it.

The third is failure. A payout that bounces because of a bad account number costs you the return fee, the support conversation and the seller's patience. We validate account details against the destination bank's format before the payout leaves, which catches most of these.

The fourth is time. A payout that settles in five days ties up your working capital for five days. Same-day is available in the 40 currencies we support; it costs more per payout and less overall for most marketplaces.

We do not claim to be the cheapest on the first number. We claim to be honest about all four.