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I'm developing an custom software service for an Australian customer; I'd like to charge them $1-5k/mo USD which I'd need to convert from their Australian curre

I'm developing an custom software service for an Australian customer; I'd like to charge them $1-5k/mo USD which I'd need to convert from their Australian currency. As the largest international money transmitter, Paypal is the obvious option, but I hesitate to do business with them because of years of posts like this. Any other recommendations for invoicing Australians for software/SaaS from the US?

redox99 4y ago
Probably a very unpopular opinion here in HN, but stablecoins (USDC, USDT) are among the best ways to send money internationally. It's so much better than SWIFT.
- TomGullen 4y ago
  I'd like to see a total conversion rate once all fees are taken into account - I bet it's not actually that competitive when all is said and done. Also, you're exposing yourself to a non zero risk of whatever exchanges you're using at the time to process your transaction/withdrawal go bust.
  - redox99 4y ago
    Coinbase is relatively trustworthy (publicly traded US company). I believe trading stablecoins has 0.001% fee, and ACH withdrawals and deposits are free[1]. And on the crypto side, USDT transfers on Ethereum (the most expensive chain) are usually less than $5. Currently about $3.40[2] SWIFT is much more expensive and slower, feel free to check SWIFT numbers. [1] https://help.coinbase.com/en/exchange/trading-and-funding/exchange-fees https://help.coinbase.com/en/exchange/trading-and-funding/ex... [2] https://etherscan.io/gastracker https://etherscan.io/gastracker
TomGullen 4y ago
Stripe, bank transfers or Wise.com should all be pretty good options.
notpushkin 4y ago
Obviously Stripe: https://stripe.com https://stripe.com Or Wise, which will just give you a (virtual) account in Australia: https://ale.sh/r/wise https://ale.sh/r/wise