Opening accounts in payment systems for International Business
We help businesses quickly open accounts and complete verification with Stripe, Payoneer, and Airwallex in the USA, Europe, and Asia. We select the right payment solution based on your jurisdiction, business model, and customer type to ensure smooth international payments. We work with e-commerce, SaaS, service companies, agencies, and marketplaces.
We handle the entire process: from document preparation and account setup to passing compliance checks and fully launching your payment infrastructure
WoBorders is an independent private consulting company. We provide advisory and administrative support and are not affiliated with any government authority or official registry
countries where we support international business launch
years of experience in international business consulting and structuring
clients who successfully launched their businesses abroad with our support
We are grateful to our clients for their trust
When should you consider opening an account in a payment system?
A payment system is not just an alternative to a bank, but also a fast way to connect your business to a full-fledged payment infrastructure.
In many cases, especially for non-residents, this is the fastest way to get started without unnecessary bureaucracy. Traditional banks often require physical presence, local contracts, or proof of business activity in the country — without these, opening an account can be difficult or even impossible. The specific solution is always selected individually — depending on your business model, company jurisdiction, customer type, and how you plan to use the account.
When businesses need payment systems
Payment systems serve as alternatives or complements to traditional bank accounts when a business operates internationally, accepts online payments, or works with global platforms. They let you quickly launch payment acceptance, work with clients worldwide, and integrate with tools such as Stripe, marketplaces, and SaaS platforms
Launching an e-commerce or SaaS product
To accept online payments via Stripe or other payment gateways. Essential for working with clients globally and scaling sales
Working with marketplaces and platforms
Amazon, Etsy, Upwork, and SaaS platforms require a connected payment system to receive payouts. Without it, full operation on these platforms is not possible
No access to Stripe or international payments
If a local company (sole proprietor or LLC equivalent) cannot connect to Stripe or accept international payments, the solution is to register a company and open a payment account in a supported jurisdiction
Fast launch without a bank
Payment systems allow you to start operations faster than opening a traditional bank account. This is especially relevant for startups, testing ideas, and quick market entry
How we choose the Right Payment Solution for your business
Opening an account in a payment system depends not only on the provider itself, but also on your business structure, whether you have a company, the country of registration, your business model, and the type of payments you plan to process.
Which payment systems we connect for businesses
We help connect payment solutions for international businesses — depending on your business model, client type, and use case. We select the optimal setup: Stripe, Payoneer, Wise, Airwallex, or a bank account.
Suitable for B2B transactions, marketplace payouts, and working with international clients. We are official Payoneer partners, so we provide free assistance with account setup
Suitable for SaaS, e-commerce, and service businesses that need to accept online payments via website checkout. Works together with a payment system or a bank account
Suitable for international transfers, B2B transactions, and receiving funds not only from companies but also from individuals. A convenient solution for businesses working globally
Suitable for B2B and B2C payments, multi-currency infrastructure, and international operations. A popular solution for companies in Hong Kong and Singapore
Need help choosing a payment solution?
We’ll help you select the optimal setup for your business: Stripe, Payoneer, Wise, Airwallex, or a bank account
Your consultant
Ivan Chebotarov
CEO & co-Founder
Describe your request
Frequently asked questions about opening payment accounts
What is a payment system?
A payment system is a financial and technological infrastructure that enables clients and businesses to receive, send, and process payments.
This includes fintech solutions (Wise, Payoneer, Revolut), online payment services (Stripe, PayPal), and payment providers that enable you to accept payments on your website or work with international clients.
How do payment systems differ from banks?
Payment systems focus on operational tasks — processing payments, integrating with other systems, and handling online transactions. Banks, on the other hand, offer a wider range of services (such as deposits and loans) and are usually more heavily regulated.
In practice, businesses use both: a payment system for operations and a bank for storing funds.
Is it safe to keep money in payment system accounts?
Yes, most payment systems operate under financial licenses and comply with security and compliance requirements. However, they are not a full replacement for banks, so businesses usually combine a payment system with a bank account to hold larger amounts.
Can I open Stripe without a company?
No, to connect Stripe, you need a legal entity in a supported country. If you don’t have a company or your current one doesn’t fit, you’ll need to register a business in the appropriate jurisdiction first.
How to choose a payment system?
The choice depends on your business model, client type, and use case. Stripe is used for accepting online payments, Payoneer — for B2B payouts and working with platforms, Wise — for international transfers and receiving funds from individuals, and Airwallex — for multi-currency infrastructure.
It’s also important to consider the company’s country, verification requirements, payment currencies, and business activity.
Which payment system is best for SaaS or e-commerce?
For SaaS and e-commerce, Stripe is most commonly used because it lets you accept online payments via checkout on your website. Additionally, payouts can be received via Payoneer, Wise, or a bank account.
Can I have multiple payment system accounts?
Yes, businesses often use multiple payment systems at the same time, as they complement each other. For example, Stripe is used for accepting online payments, while Payoneer or Wise are used for payouts or international transfers. This setup provides flexibility and cost optimization.
Which is better: a payment system or a bank?
These are not mutually exclusive. Most businesses use a combination: a payment system for processing payments and a bank account for storing funds.
Didn’t find the answer to your question?
Your consultant
Ivan Chebotarov
CEO & co-Founder
Describe your case — we’ll suggest the best solution for your business
We reply within one business day. We’ll advise which country fits your business, what requirements to consider, and how to get started
What our clients say about WoBorders
Popular directions for launching an international business
