If your digital commerce business lacks financial flexibility, relies on manual bookkeeping, and regularly faces cash flow issues, you’re not the efficient, optimised operation you need to be to remain competitive.
For example, you may encounter disruptions in ad spending when banks freeze your cards, fluctuating exchange rates that unexpectedly increase costs, and delayed payments that further strain your finances.
A borderless business account can address all these issues by giving tools that are tailor-made to make you operationally streamlined and strategically agile.
To select the best option for your business, you need a clear understanding of what each platform offers in terms of foreign-currency accounts, FX fees, financing options and automations.
In this article, you’ll see five alternatives to a Wise borderless business account so your team can collectively operate more intelligently, be more productive and reduce costs.
The information about all the accounts discussed in this article was collected in May 2024. This article was written and approved by Juni and is intended as marketing material.
With a borderless business account, you can:
For example, Juni has transparent FX fees up to 0.5%, card spend limits of up to €250k per card/day and multiple software integrations.
So, you’ll be able to optimise your business as you improve productivity and manage your accounting processes and finances more effectively.
In turn, you gain control over your spend and get real-time visibility over income and expenditure.
With the right borderless business account, your digital commerce business can operate without issues like bank card freezes and interrupted cash flow that hinder your media buying and inventory financing.
You’ll be able to create as many virtual cards as your team needs, and you’ll have fixed FX fees that are easy to monitor.
Also, the best borderless business accounts support automated processes for managing your invoices and receipts.
Here’s an at-a-glance view of what to look for:
Here are five alternatives to a Wise borderless business account, starting with Juni, which offers multiple financial tools to enhance the efficiency and agility of digital commerce businesses.
Juni’s borderless business account is tailored to the needs of digital commerce operations. It enables you to move money at lower cost, streamline cash flow for ad spending and automate complex processes like receipt reconciliation.
You can open IBAN accounts in SEK, GBP, EUR, USD and NOK, pay suppliers with SEPA and SWIFT in Europe, the US and China, and the FX fees to switch currencies are capped at 0.5%.
Juni allows you to create as many Juni Mastercard® Corporate cards as you need and assign them to your team members.
Juni cards include custom controls and notifications with freezing capability – all manageable from your smart dashboard – and they offer up to 1% cashback on debit spend.
As part of its solution to cash flow management, Juni offers flexible credit lines to spend on ad campaigns, inventory and scaling your business.
Also, Juni supports multiple integrations so you can automate accounting and finance tasks, have a real-time view of your storefront data, easily receive and track payments with PayPal and Stripe, automate invoice management, and instantly pull and match receipts via Gmail.
*Capital for cards is available for companies registered in UK, NL, SE, DE, FR, ES, IT, NO, and FI, upon eligibility. Fees and terms and conditions apply.
Revolut Business supports 25+ different currencies and enables no-charge international money transfers. The platform lets you share Payout links with suppliers that you can track and you can create physical and virtual cards for your teams.
Revolut’s business debit cards feature customisable spending limits, along with options to set controls for freezing cards and restricting types of spending.
Currency exchanges are offered at the interbank rate with a 0.6% fee for exchanges exceeding your plan’s allowance and a 1% fee for exchanges outside market hours.
Also, interest is paid daily on your savings at a variable rate up to 3.51% on balances up to 2m GBP depending on your paid plan.
Airwallex allows you to open foreign currency accounts featuring local details in 12 currencies. You can convert currencies and make payments in over 60 currencies at interbank rates, as well as perform batch transfers to multiple suppliers.
The borderless account lets you create and issue multi-currency Employee Cards to your team members. Also, you can share company cards across your team, which can be useful for platform subscriptions and ad spending.
Within the dashboard and app, you can view and track finance in real-time, and automatically sync card expenses, reimbursements and receipts for streamlined reconciliation.
Also, Airwallex integrates with ecommerce, accounting and marketing platforms, such as Amazon, QuickBooks and HubSpot.
borderless™ is a B2B payments solution with use cases such as ‘Logistics and Fulfillment’; ‘Travel and Hospitality’; ‘Beer, Wine, & Spirits’; and ‘Freelancer Marketplaces’. It allows you to hold 35+ currencies, has competitive FX rates and integrates with Amazon and Stripe.
You can use the multi-currency account to accept payments from overseas customers in their preferred currency, exchange and withdraw money without exchange fees, and batch payments to up to 100 businesses or individuals at a time.
Also, borderless™ includes a ‘Pay To Emails’ feature with its Growth and Enterprise plans and lets you manage secure payments with simple identifiers like @handles and email addresses.
Meanwhile, with the borderless™ API, you can design highly customised payout processes. For example, you could instantly pay international suppliers directly to their local accounts.
Mercury was established in London in 2007 and now has offices in other UK locations and South Africa. A Mercury Global account allows you to send and receive payments in 160+ countries and open IBAN accounts in eight currencies, including GBP, EUR, USD and SEK.
Mercury’s services include specialised knowledge and support in moving money out of South Africa so you can navigate exchange control and tax certification.
Also, a Mercury team based in Singapore is on hand to provide specialised support for moving money across Asian markets.
In addition to its borderless business account tools, Mercury has an affiliate programme that pays you 5% of whatever it earns on your network’s transactions.
Digital commerce businesses need automated processes that enhance efficiency and productivity, a real-time view of accounts with the ability to switch currencies at low cost, and flexible financing options tailored to manage spending on media and inventory.
So, when you select the right choice for your business, be sure it offers:
With a streamlined ecomm tech stack, you’ll have greater visibility and control over your finances, and the ability to grow your business with confidence and efficiency.
To gain more flexibility in your ad spending, choose a borderless business account that makes it easy to assign virtual cards to your team members. For example, with Juni you can create as many virtual cards as you need. You can also create IBAN accounts in multiple currencies, easily move money between them, and explore Juni’s financing options.
To effectively manage multiple currencies without high fees, opt for a borderless business account that offers fast, secure currency transfers with low, transparent FX fees. For example, with Juni, you can easily switch currencies with FX fees capped at 0.5%.
Juni is not a bank – yet. We’re a financial technology company providing e-money services and as such are not part of a deposit guarantee scheme. Learn more about our license and how we keep your business and money safe.
Juni Technology AB (company number 559248-0908) is licensed and registered as an electronic money institution with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (license no: 64025). Payment Card Solutions (UK) Limited (company number 05941947) and UAB B4B Payments Europe (company number 305539054) are regulated by the Financial Conduct Authority (ref: 930619) and the Bank of Lithuania (licence no: 76), respectively. The Juni Mastercard Corporate Card is issued by Payment Card Solutions (UK) Limited and UAB B4B Payments Europe pursuant to a license by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Juni Technology AB. Masthamnsgatan 21, 413 28 Göteborg, Sweden. © 2025 Juni. All Rights Reserved.
