SigmaRemote vs Wise — Simple Contractor Payouts vs General Business Banking
Wise offers transparent currency conversion and batch tools—but it’s built for banking, not contractor-first payouts. Discover why teams choose SigmaRemote for predictable USD wallet payouts, flat fees, and full control.
4.8
5k Satisfied Customers
4.8
5k Satisfied Customers
Side-by-Side on What Really Matters
Wise
No monthly fee; one-time setup fee (~$31) for international account details. Transaction fees start at 0.33% per send.
No monthly fee; one-time setup fee (~$31) for international account details. Transaction fees start at 0.33% per send.
Uses mid-market rate with transparent markup; conversion fees from ~0.33% to 0.57% depending on currency pair.
Uses mid-market rate with transparent markup; conversion fees from ~0.33% to 0.57% depending on currency pair.
Receiving USD wires cost $6.11 USD; GBP SWIFT is £2.16; EUR SWIFT is €2.39.
Receiving USD wires cost $6.11 USD; GBP SWIFT is £2.16; EUR SWIFT is €2.39.
Domestic and batch transfers vary widely; can take hours or days depending on route.
Domestic and batch transfers vary widely; can take hours or days depending on route.
Multi currency balances (40+ currencies), but no contractor wallet flow—funds move instantly on send.
Multi currency balances (40+ currencies), but no contractor wallet flow—funds move instantly on send.
Setup is built for businesses—not contractors. Unlocking USD access costs ~$31
Setup is built for businesses—not contractors. Unlocking USD access costs ~$31
Support via app and dashboard; limited contractor-focused tooling. High transparency, but not designed for payroll/customer payouts.
Support via app and dashboard; limited contractor-focused tooling. High transparency, but not designed for payroll/customer payouts.
Sigma
$18/month per active contractor — reduced rates for teams of 20+
$18/month per active contractor — reduced rates for teams of 20+
0% FX with USD wallets; ~1% FX only if converting to local currency
0% FX with USD wallets; ~1% FX only if converting to local currency
$0 with USD wallet (no forced conversions)
$0 with USD wallet (no forced conversions)
1-2 business days, or instant with USDC. Optimized infrastructure
1-2 business days, or instant with USDC. Optimized infrastructure
Contractors hold USD wallet, choose when and how to convert
Contractors hold USD wallet, choose when and how to convert
<15 min mobile onboarding
<15 min mobile onboarding
Fast, human‑first support optimized for contractor payouts
Fast, human‑first support optimized for contractor payouts
Pain Points with Wise
Pain Points with Wise
Pain Points with Wise
Built as a global business bank—not a contractor payouts tool
Built as a global business bank—not a contractor payouts tool
Built as a global business bank—not a contractor payouts tool
Setup costs for international accounts: A one-time onboarding charge (~$31) applies before accessing account details in up to 23 currencies.
Setup costs for international accounts: A one-time onboarding charge (~$31) applies before accessing account details in up to 23 currencies.
Variable fees per transfer: International transfers incur fees starting from ~0.33–0.57% depending on currency.
Variable fees per transfer: International transfers incur fees starting from ~0.33–0.57% depending on currency.
Contractor fees on receiving wire transfers: USD SWIFT payments cost $6.11 per transaction; similar fixed fees apply for GBP/EUR.
Contractor fees on receiving wire transfers: USD SWIFT payments cost $6.11 per transaction; similar fixed fees apply for GBP/EUR.
Slow payouts via bank rails: Batch payouts and international transfers vary significantly in timing—can stretch to multiple days.
Slow payouts via bank rails: Batch payouts and international transfers vary significantly in timing—can stretch to multiple days.
Not contractor-first experience: No independent contractor setup or wallet—payouts controlled by sender, not by recipient.
Not contractor-first experience: No independent contractor setup or wallet—payouts controlled by sender, not by recipient.
Support is platform-first, not payout-first: Wise is designed for banking operations, not global payroll customer support.
Support is platform-first, not payout-first: Wise is designed for banking operations, not global payroll customer support.
Setup costs for international accounts: A one-time onboarding charge (~$31) applies before accessing account details in up to 23 currencies.
Variable fees per transfer: International transfers incur fees starting from ~0.33–0.57% depending on currency.
Contractor fees on receiving wire transfers: USD SWIFT payments cost $6.11 per transaction; similar fixed fees apply for GBP/EUR.
Slow payouts via bank rails: Batch payouts and international transfers vary significantly in timing—can stretch to multiple days.
Not contractor-first experience: No independent contractor setup or wallet—payouts controlled by sender, not by recipient.
Support is platform-first, not payout-first: Wise is designed for banking operations, not global payroll customer support.
Setup costs for international accounts: A one-time onboarding charge (~$31) applies before accessing account details in up to 23 currencies.
Variable fees per transfer: International transfers incur fees starting from ~0.33–0.57% depending on currency.
Contractor fees on receiving wire transfers: USD SWIFT payments cost $6.11 per transaction; similar fixed fees apply for GBP/EUR.
Slow payouts via bank rails: Batch payouts and international transfers vary significantly in timing—can stretch to multiple days.
Not contractor-first experience: No independent contractor setup or wallet—payouts controlled by sender, not by recipient.
Support is platform-first, not payout-first: Wise is designed for banking operations, not global payroll customer support.
Why SigmaRemote Wins
Why SigmaRemote Wins
Why SigmaRemote Wins
A better approach for paying international contractors:
A better approach for paying international contractors:
A better approach for paying international contractors:
Flat Fees, No Surprises: $18/month per active contractor — reduced rates for teams of 20+. 0% FX on USD wallet payments; ~1% FX when currency conversion is required.
Flat Fees, No Surprises: $18/month per active contractor — reduced rates for teams of 20+. 0% FX on USD wallet payments; ~1% FX when currency conversion is required.
USD Wallets Built In: Contractors keep 100% of what you send — no forced conversion.
USD Wallets Built In: Contractors keep 100% of what you send — no forced conversion.
Faster Payouts, Globally: 1–2 business day transfers or instant stablecoin delivery via USDC/USDT.
Faster Payouts, Globally: 1–2 business day transfers or instant stablecoin delivery via USDC/USDT.
Better for LATAM, Africa, Asia: Mobile-first onboarding, crypto-native infrastructure, and wallet support.
Better for LATAM, Africa, Asia: Mobile-first onboarding, crypto-native infrastructure, and wallet support.
No Shutdown Surprises: Real human support helps your team stay paid — fast.
No Shutdown Surprises: Real human support helps your team stay paid — fast.
Flat Fees, No Surprises: $18/month per active contractor — reduced rates for teams of 20+. 0% FX on USD wallet payments; ~1% FX when currency conversion is required.
USD Wallets Built In: Contractors keep 100% of what you send — no forced conversion.
Faster Payouts, Globally: 1–2 business day transfers or instant stablecoin delivery via USDC/USDT.
Better for LATAM, Africa, Asia: Mobile-first onboarding, crypto-native infrastructure, and wallet support.
No Shutdown Surprises: Real human support helps your team stay paid — fast.
Flat Fees, No Surprises: $18/month per active contractor — reduced rates for teams of 20+. 0% FX on USD wallet payments; ~1% FX when currency conversion is required.
USD Wallets Built In: Contractors keep 100% of what you send — no forced conversion.
Faster Payouts, Globally: 1–2 business day transfers or instant stablecoin delivery via USDC/USDT.
Better for LATAM, Africa, Asia: Mobile-first onboarding, crypto-native infrastructure, and wallet support.
No Shutdown Surprises: Real human support helps your team stay paid — fast.
See Common Question and Answer
See Common Question and Answer
See Common Question and Answer
What sets Sigma apart from other payroll platforms?
Unlike existing payroll services, Sigma is designed with the worker in mind. We provide unique financial tools, such as USD savings wallets and flexible payment options, ensuring that contractors not only get paid but also have the resources to thrive, empowering you to attract and retain the talent that drives your company's success.
How does Sigma ensure that workers receive local-like benefits?
Is it easy to switch to Sigma?
What sets Sigma apart from other payroll platforms?
Unlike existing payroll services, Sigma is designed with the worker in mind. We provide unique financial tools, such as USD savings wallets and flexible payment options, ensuring that contractors not only get paid but also have the resources to thrive, empowering you to attract and retain the talent that drives your company's success.
How does Sigma ensure that workers receive local-like benefits?
Is it easy to switch to Sigma?
What sets Sigma apart from other payroll platforms?
Unlike existing payroll services, Sigma is designed with the worker in mind. We provide unique financial tools, such as USD savings wallets and flexible payment options, ensuring that contractors not only get paid but also have the resources to thrive, empowering you to attract and retain the talent that drives your company's success.
How does Sigma ensure that workers receive local-like benefits?
Is it easy to switch to Sigma?
What sets Sigma apart from other payroll platforms?
Unlike existing payroll services, Sigma is designed with the worker in mind. We provide unique financial tools, such as USD savings wallets and flexible payment options, ensuring that contractors not only get paid but also have the resources to thrive, empowering you to attract and retain the talent that drives your company's success.
How does Sigma ensure that workers receive local-like benefits?
Is it easy to switch to Sigma?
Can I customize the categories for my expenses and income?
Are there any hidden fees in your pricing plans?
How secure is my financial data within the platform?
Can I customize the categories for my expenses and income?
Are there any hidden fees in your pricing plans?
How secure is my financial data within the platform?
Can I customize the categories for my expenses and income?
Are there any hidden fees in your pricing plans?
How secure is my financial data within the platform?
Can I customize the categories for my expenses and income?
Are there any hidden fees in your pricing plans?
How secure is my financial data within the platform?
We get you to every country
We get you to every country
We get you to every country
From Buenos Aires to Manila, hire contractors and employees anywhere with Sigma.
From Buenos Aires to Manila, hire contractors and employees anywhere with Sigma.
From Buenos Aires to Manila, hire contractors and employees anywhere with Sigma.
160+ countries
Argentina
Guinea
Scotland
Ecuador
Argentina
Guinea
Scotland
Ecuador
Argentina
Guinea
Scotland
Ecuador
Argentina
Guinea
Scotland
Ecuador
Europe
Brazil
Romania
Vietnam
Europe
Brazil
Romania
Vietnam
Europe
Brazil
Romania
Vietnam
Europe
Brazil
Romania
Vietnam
Canada
Belgium
Paraguay
Argentina
Canada
Belgium
Paraguay
Argentina
Canada
Belgium
Paraguay
Argentina
Canada
Belgium
Paraguay
Argentina
Myanmar
Cayman
Qatar
Honduras
Myanmar
Cayman
Qatar
Honduras
Myanmar
Cayman
Qatar
Honduras
Myanmar
Cayman
Qatar
Honduras
To hire from.
Incorporated outside of the U.S.?
International companies can also use Sigma. Book a demo to learn more.
Analytics and Reporting
Grow Your Team, Grow Your Business
Grow Your Team, Grow Your Business
Grow Your Team, Grow Your Business
Streamline HR processes and empower your team with our products. Facilitate manage employee data, and more in one platform.
Streamline HR processes and empower your team with our products. Facilitate manage employee data, and more in one platform.
Streamline HR processes and empower your team with our products. Facilitate manage employee data, and more in one platform.
The payroll platform for businesses powered by global emerging talent.
© 2025 SigmaRemote. All rights reserved.
🏢 Company
🏢 Why Remote Teams choose us
🏢 Why Gig Platforms choose us
📚 Resources
🛡 Trust
The payroll platform for businesses powered by global emerging talent.
© 2025 SigmaRemote. All rights reserved.
🏢 Company
🏢 Why Remote Teams choose us
🏢 Why Gig Platforms choose us
📚 Resources
🛡 Trust
The payroll platform for businesses powered by global emerging talent.
© 2025 SigmaRemote. All rights reserved.
🏢 Company
🏢 Why Remote Teams choose us
🏢 Why Gig Platforms choose us
📚 Resources
🛡 Trust
The payroll platform for businesses powered by global emerging talent.
© 2025 SigmaRemote. All rights reserved.
🏢 Company
🏢 Why Remote Teams choose us
🏢 Why Gig Platforms choose us
📚 Resources
🛡 Trust