KwiikPay
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One operator instead of
a bank plus an exchange.

See how KwiikPay compares with high-street banks, consumer transfer apps and crypto exchanges for moving money across borders — on price, speed, accounts and rails.

Wholesale
FX · transparent spread
Same day
Typical settlement
Fiat + crypto
One regulated platform
80+
Countries reachable
Side by side

KwiikPay vs the alternatives

Where each option typically lands when a business moves money internationally.

KwiikPayHigh-street bankTransfer appCrypto exchange
FX pricingWholesale rate, one transparent spreadMargin baked into the rateVaries, retail-pricedSpread + network fees
Settlement speedSame day – minutes2–5 days via correspondentsHours – daysMinutes on-chain only
Multi-currency accountsNamed vIBANs in your nameOften extra products / feesWallet, not named accountsExchange balance only
Stablecoin settlementUSDC · USDT · EURC, built inNot supportedRarely supportedNative, but fiat is on you
Registration & segregationCanada FINTRAC MSB & RPAA PSP, segregated fundsRegulated bankRegulated, retail scopeNot a payments operator
Automation / APIOne REST API, signed webhooksLimited / enterprise onlyLimitedTrading API, not payouts
Built forBusinesses & institutionsGeneral bankingConsumer remittanceCrypto trading

Comparison reflects typical characteristics of each category for cross-border business payments and is provided for general guidance. Competitor offerings vary by product, plan and region.

Why teams switch

What you get with KwiikPay

Price

Wholesale FX, no hidden margin

See the exact amount that arrives before you confirm — one spread, no surprise deductions.

Speed

Same-day settlement

Skip correspondent-banking delays; most corridors settle the same business day.

Accounts

Named multi-currency vIBANs

GBP, EUR and USD accounts in your company’s name — not a pooled wallet.

Rails

Fiat and stablecoin together

Move between fiat and USDC / USDT / EURC without a separate exchange account.

Trust

Registered & segregated

Registered in Canada as a FINTRAC MSB and an RPAA Payment Service Provider (Bank of Canada), with client funds held in segregated accounts (not a bank deposit; not FSCS-protected).

Scale

API & treasury built in

Batch payouts, signed webhooks, OTC for large tickets and multi-currency treasury tooling.

Questions

Comparison — FAQs

Banks route international payments through correspondent networks that add days and bake the FX margin into the rate. KwiikPay holds named multi-currency accounts, converts at a wholesale rate with the spread shown up front, and settles same day on regulated rails — with stablecoin settlement available on the same platform.

Transfer apps are built for one-off retail remittances. KwiikPay is built for businesses, platforms and institutions: named accounts in your company’s name, batch and API payouts, treasury tooling, OTC for large tickets, and fiat plus stablecoin rails under one ledger.

A crypto exchange is not a regulated payments operator and leaves you to bridge fiat and crypto yourself. KwiikPay is registered in Canada as a Payment Service Provider under the Retail Payment Activities Act (supervised by the Bank of Canada) and a FINTRAC-registered MSB (including dealing in virtual currency). It holds client funds in segregated accounts and moves between fiat and stablecoin in one flow with full reconciliation.

Pricing is a transparent FX margin on the mid-market rate with no hidden spread and no deductions on arrival. See the Pricing page for the full breakdown by tier and corridor.

Businesses moving money cross-border that are tired of slow correspondent banking, opaque FX, or stitching a bank and an exchange together — and want fiat, FX and stablecoin settlement from one regulated operator.
Pricing

See the full pricing breakdown

Transparent, single-take pricing by tier and corridor — no hidden spreads.

Open your first IBAN today.

Open a multi-currency account, subject to KYB, screening and our risk appetite.

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