Top 10 Alternatives to Multipass

In this article, we will explore various alternatives to MultiPass, a UK-based electronic money institution that offers business accounts for global payments. MultiPass provides services such as dedicated IBANs, competitive exchange rates, and personal account managers to facilitate international transactions for businesses.

Reviews

Users have shared a mix of positive and negative feedback about MultiPass. Many appreciate the platform's ability to simplify international transactions and the dedicated support from personal account managers. However, some users have expressed frustration with certain aspects of the service, such as the complexity of the initial setup and occasional delays in transaction processing. Overall, the sentiment is that while MultiPass offers valuable features for global payments, there are areas that could benefit from improvement.

• "MultiPass has made our global payroll process so much easier, saving us countless hours each month." - Thomas
• "The onboarding process was a bit cumbersome, but the support team was very helpful in guiding us through it." - Martin

For more detailed reviews, visit MultiPass Reviews.

Best alternatives to Multipass

1. OneSafe

OneSafe is a financial technology company offering a blend of traditional and Web3 financial services, providing comprehensive account services tailored for companies operating in both fiat and cryptocurrencies.

• Features: Simple onboarding, global payments, corporate cards, multi-currency support, global accounts, seamless payments, state-of-the-art security.
• Pricing: Account opening is free, no minimum balance, no monthly fees, corporate cards and invoices included, 0.1% fee for US domestic payments, 0.2% fee for SEPA payments, 0.2% fee + $25 for international wires, $20 for Fedwire, 1% FX fee on corporate cards, 0.1% fee for USDT transactions, fiat to crypto conversion included.
• Testimonials: Users praise OneSafe for its exceptional customer support and game-changing solutions. The platform is lauded for simplifying payroll and expense management, making it an essential tool for Web3 organizations. Source: OneSafe Testimonials.

2. Axos Bank

Axos Bank offers digital business accounts designed to provide security, ease, and efficiency with minimal fees. The bank provides tailored solutions for small businesses and commercial entities, including checking accounts, business services, and comprehensive commercial solutions.

• Features: Digital banking solutions, low fees, specialized services for small businesses and commercial entities, comprehensive commercial solutions, tools and resources for financial management, Axos ONE bundled account, all-in-one mobile app.
• Pricing: Up to 4.86% APY on savings, up to 0.51% APY on checking, no maintenance fees, $0 lender fee on home loans (limited time offer).
• Testimonials: Users generally appreciate the great service and small business products, with positive feedback highlighting the dedicated relationship managers and free checking accounts. However, some users have reported issues with account locking and difficulties in retrieving funds. For more detailed reviews, visit Trustpilot.

3. Moss

Moss is a spend management solution that helps companies control and optimize their spending. It offers features like real-time budget tracking, employee card management, receipt management, and streamlined month-end closing processes. Moss aims to reduce paperwork, enhance control over spending, and improve reporting accuracy.

• Features: Employee cards with adaptable limits and custom approval policies, effortless receipt capture via app or email integrations, real-time card spend view, automatic categorization, integration with leading accounting software, achieve a 4.5x ROI within 3 years, end-to-end security, privacy by design, and compliance with GDPR and other regulations.
• Pricing: The Moss Starter Package is free and includes up to 3 users, unlimited virtual debit cards, 1 physical card per user, web and mobile app access, and standard accounting integrations. Custom packages are available with additional features like advanced controlling, advanced accounting, procurement, and ERP integrations, with pricing based on the selected modules and transaction volume.
• Testimonials: Users generally appreciate Moss for its ease of use and efficiency in managing company expenses. One user, Farida Fouad, praised Moss as a "great financial tool for companies looking for an uncomplicated, straightforward solution with great customer support." However, another user, Pow, expressed disappointment with a recent update, stating that "the website layout is no longer user-friendly" and that customer support has become unresponsive. For more detailed reviews, visit Trustpilot.

4. VIALET

VIALET offers a Business Account that simplifies money management for businesses. The account can be applied for online and set up within 3 business days, providing secure and flexible payment solutions.

• Features: Online onboarding without branch visits or physical documents, remote ID verification and electronic signing, access to payment, money transfer, and account services across Europe, set and adjust monthly and annual spending limits, unified view and management of transaction history, expenses, transfers, and invoices, detailed transaction history and downloadable statements for accounting and invoicing, fast and easy account opening process, PSD2 compliant security standards, dedicated account managers, customizable services for startups and global businesses.
• Pricing: VIALET offers transparent pricing, ensuring clear costs to free up resources for business success. Specific pricing details or plans are not provided on the webpage; users may need to sign up or contact VIALET directly for detailed information.
• Testimonials: Users generally appreciate VIALET for its professional and welcoming service. Emilė Barakauskaitė praised the company for being "professional, kind, and fast," making customers feel important. However, some users have concerns about the company's transparency. Angelina Wäggi expressed frustration with the discrepancy between advertised and actual conditions, describing the behavior as "extremely dubious." For more detailed reviews, visit Trustpilot.

5. Payhawk

Payhawk is a comprehensive spend management platform designed for multinational businesses. It combines company cards, international bank payments, accounts payable with purchase orders, expense management, bank accounts in dedicated currencies, and leading integrations with ERP and accounting software into one system.

• Features: Seamless ERP integration with systems like Oracle NetSuite and Microsoft Dynamics, customizable platform to match specific business requirements, multi-entity support for streamlined processes across different entities, worldwide accounts and card issuance with dedicated IBANs, advanced expense management with PO 2 and 3-way matching, customizable workflows for different expenditure types, automated HR integrations to streamline processes and reduce fraud risks, robust invoice handling with features like split invoices and scheduled payment runs, dedicated onboarding and implementation support, compliance with high-security standards like PCI DSS, SOC 2, and ISO 27001.
• Pricing: Payhawk offers several pricing plans including Premium Cards, All-In-One Spend, and Enterprise. The Premium Cards plan includes features like dedicated bank accounts, Visa credit and debit cards, virtual and physical cards, and advanced card controls. The All-In-One Spend plan adds expense management, free domestic reimbursements, end-to-end invoice management, and a dedicated customer success manager. The Enterprise plan includes purchase orders with 3-way matching, multi-entity dashboard, enterprise accounting integrations, HR integrations, and SSO/SAML authentication. Additionally, a Growth Program is available for small businesses at £149/month for 24 months.
• Testimonials: Users generally appreciate Payhawk for its efficiency and support. Fabio De La Cruz praised the platform for making bookkeeping easier and reducing administrative time, highlighting the prompt support staff. On the other hand, Bastian Gotter expressed frustration with Payhawk's shift in focus to larger customers, which led to the abrupt closure of his account. For more detailed reviews, visit Trustpilot.

6. Niural

Niural is an all-in-one platform for modern US Payroll, PEO, Global EOR, Contractor management, and Bill Payments in over 150 countries. It is powered by advanced AI, specifically NIURAL AI, which enhances the efficiency and compliance of HR, finance, and operations teams.

• Features: Powered by NIURAL AI, global hiring, fast onboarding, full tax compliance, unified platform, flexible pricing plans, comprehensive services, global reach.
• Pricing: Employer of Record starts at $499/month per employee, Niural Armor at $299/month per contractor, Hire & Pay Contractors at $49/month per contractor, Basic Plan at $70/month + $5/month per employee, Plus Plan at $100/month + $15/month per employee, Web3 Only Payroll at $19 per member/month + $100 platform fee, Enterprise Plan with custom pricing, PEO Basic at $59/month per employee, PEO Plus at $99/month per employee (paid annually).
• Testimonials: Users generally appreciate Niural for its comprehensive global HR management and payroll solutions. One user praised the platform for its "seamless onboarding and compliance management," while another expressed frustration with "the high cost of services." For more detailed reviews, visit Trustpilot.

7. Ampere

Ampere is an all-in-one financial service for businesses, offering a range of products including business current accounts, currency exchange, business loans, merchant accounts, debit cards, and invoicing tools. It aims to simplify financial management for businesses with quick account opening, low exchange rates, and comprehensive financial tools.

• Features: All-in-One Business Current Account, low currency exchange rate of 0.35%, free Merchant Account Set-Up with rates starting from 0.65%, ability to create invoices on the go, no monthly fees for corporate and private debit cards, quick account opening process with GBP and EUR accounts, twice-weekly settlements for merchant accounts, personal offers for business loans and commercial mortgages, smart invoicing directly from the bank account.
• Pricing: Business Account setup fee: £35.00, Business Account maintenance per month: £20.00, Private Account setup fee: £25.00, Private Account maintenance per month: £10.00, local transfer in GBP (UK Faster Payment): £0.00, local transfer in EUR (SEPA): £0.00, incoming international transfer in GBP/EUR (SWIFT): £25.00, currency exchange (EUR/GBP, GBP/EUR): 0.35% from the exchange amount, card issue: £15.00, card monthly: £0.00, card transaction: £0.00, planned card change/reissue: £0.00, lost card change: £15.00, chargeback for dispute: £50.00, ATM domestic withdrawal: £1.50, ATM international withdrawal: £1.50, acquiring fee for payments in GBP/EUR/USD: starting from IC++0.35% (low risk), IC++0.95% (medium risk), acquiring fee for payments in other currencies: starting from IC++0.65% (low risk), IC++1.45% (medium risk).
• Testimonials: Users generally appreciate Ampere for its user-friendly app and efficient customer service. One user, Ryan Fry, praised the "exceptional customer service and support for setting up a multi-currency account." However, another user, Jaeme, criticized the company for being "unreliable with money and poor customer service." For more detailed reviews, visit Trustpilot.

8. Brex

Brex offers a suite of financial services for businesses, including corporate credit cards, expense management, business banking, bill pay, and travel management. The platform leverages AI to automate financial processes, improve compliance, and save time, making it easier for companies to manage their finances globally.

• Features: AI-powered automation, high yield on cash, global reach, superior compliance, high credit limits, integrated travel management, real-time tracking, ERP integrations.
• Pricing: Essentials Plan: $0 per user per month, Premium Plan: $12 per user per month, Enterprise Plan: Custom pricing, Smart Card: Custom pricing.
• Testimonials: Users generally appreciate Brex for its ease of use and efficiency in managing expenses. One user praised it for making expense reporting simple and seamless across the organization. However, another user expressed frustration with the app's text input issues, hoping for a fix. For more detailed reviews, visit G2.

9. Finom

Finom offers a business account with cashback, invoicing, and accounting tools. It is designed for SMEs, freelancers, and companies under registration, providing an IBAN account that can be opened online.

• Features: German IBAN available within 24 hours, international payments capability, up to 3% cashback on all expenses, personal assistance available within 1 minute, €0 tariff plan for freelancers, free cards and simple invoicing, safe access for employees and accountants, integration with accounting software, tools for money collection and data analytics, support for companies under registration to credit accounts and complete legal entity registration.
• Pricing: Corporate Plan starts from €149 per month (paid monthly) or €119 per month (paid annually), Enterprise Plan starts from €339 per month (paid monthly) or €249 per month (paid annually). Additional fees include €15 per extra team member, €5 per outgoing international payment, and various other service fees.
• Testimonials: Users generally appreciate Finom for its efficient customer support and comprehensive financial tools. One user praised the "truly helpful support team" for always providing satisfying answers, while another user criticized the company for "stealing money" and described it as "not trustful." For more detailed reviews, visit Trustpilot.

10. Propulse by CA

Propulse by Crédit Agricole is a 100% online professional account service designed to support entrepreneurs in managing their business finances. It offers a range of features including a Visa Business card, tools for creating invoices and quotes, automatic Urssaf declarations, and comprehensive support for business creation and development.

• Features: 100% online account managed by Okali, quick setup in less than 5 minutes, cost-effective starting at 8 € HT/month, high payment limits up to 40,000 €/month, integrated tools for creating invoices and managing expenses, automatic Urssaf declarations, comprehensive support with over 1500 articles and guides.
• Pricing: Starting at 8 € HT/month with no commitment and the first month free, adjustable payment limits up to 40,000 €/month, Visa Business card included.
• Testimonials: Users generally appreciate Propulse by CA for its ease of use and supportive customer service. One user praised the "attentive customer service and top-notch easy applications," while another expressed disappointment that "instant transfers are not available and sending invoices or quotes from the application" is not possible. Source: Trustpilot.

Which one should you go with?

In conclusion, while each of these financial service providers offers unique features and benefits tailored to different business needs, OneSafe stands out for its seamless integration of traditional and Web3 financial services. With its simple onboarding process, comprehensive account services, and exceptional customer support, OneSafe is an excellent choice for businesses looking to streamline their financial operations. Whether you're managing fiat or cryptocurrencies, OneSafe provides the tools and security you need to succeed. However, any of these alternatives could be a great fit depending on your specific requirements. Choose the one that best aligns with your business goals.