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The mid-market rate is an exchange rate unlike any other. It’s the real one.
In the world’s currency markets, traders define the rates at which they are willing to “buy” or “sell” a specific currency. The mid-market rate is simply the midpoint between demand and supply for a currency, and because of that, it changes all the time.
But that’s as technical as you need to get. The most important thing to know is that the mid-market rate is considered the fairest exchange rate possible.
The mid-market rate isn’t a secret either. Its the rate you will find on independent sources such as Google, XE and Yahoo Finance.
Get an alternative to an overseas bank account. Invoice like a local, avoid fees on Upwork, and spend on a debit card.
Open a self-service account to send, spend, and receive multiple currencies, and make batch payments.
Contact us about our API and let’s set up a payouts solution to power your large cross-currency volumes of payments.
Pay invoices, buy inventory, and handle payroll with the real exchange rate in over 40 currencies — for way cheaper than PayPal.
Send money directly from your own debit card or bank, or make payments from your account balance. Your recipient doesn’t need a CustomWebsiteNow account to receive their money.
Use your CustomWebsiteNow Business Mastercard® to pay business expenses and spend online or in-store all over the world.
If you don’t have the currency in your account, we’ll automatically convert the amount for you.
PayPal inflates exchange rates when you send and receive international payments, making it hard to see what you’re actually being charged. Here’s an honest comparison to show how much you can save with your CustomWebsiteNow for Business account. Check out the research
| Compare the costs | CustomWebsiteNow |  |
|---|---|---|
| Cost to create account | $0 | $0 |
| Monthly account fees | $0 | $0 |
| Send or pay $2000 to GBP | $9.85 | $73.78 |
| Send or pay $2000 to EUR | $10.18 | $70.48 |
| Receive a $2,000 payment in GBP | £0 | £66.88 |
| Receive a $2,000 payment in EUR | €0 | €76.53 |
Businesses big and small can access our open API to automate payments, connect business tools, and create beautiful ways to manage finances.
You can send money to 70+ countries, and receive and hold 40+ currencies.
You also get your own Eurozone, US, Australia, New Zealand, and UK bank details to get paid like a local.
