Currency & FX

How do I avoid FX conversion fees when getting paid internationally?

Traditional cross-border payments lose 8–12% of revenue to processor spreads, bank conversion fees, and SWIFT cuts. PingBusiness settles everything in USDC regardless of the buyer's currency - one consolidated payout, no multi-currency reconciliation.

How do I receive USD if I don't have a US bank account?

USDC is a practical substitute - a USD-pegged digital dollar settled straight to your self-custodial wallet, no USD bank account needed. Local bank withdrawal is available through supported partners if you want fiat instead.

What's the cheapest way to receive international payments as a digital merchant?

Traditional rails stack a processor fee, FX spread, SWIFT fee ($15–$45), and multi-day holds - often 8–12% gone before it reaches you. PingBusiness charges one 5% fee with no monthly cost, settled in USDC, cutting out the FX layer entirely.

Why am I losing 8–12% of my revenue to payment fees?

It's additive: processor fees (1.5–3% plus $0.30–$0.60 per transaction), FX spread (1–3%), wire fees ($15–$45), intermediary cuts, and the opportunity cost of a multi-day payout delay. PingBusiness consolidates all of this into one 5% fee, with tax, VAT, chargebacks, and invoicing included.

How do digital product sellers in LATAM and SEA get paid in USD?

Options include PayPal (high fees, limited reach), Wise Business (needs local registration), a USD bank account (often inaccessible), or USDC settlement via a payment operator. PingBusiness settles in USDC without a USD bank account or Western business registration, with local bank withdrawal available where supported.