Elevate Pay

Congrats on the launch, its #1 payoneer alternative with more features and lower fees. Already using for personal use cases beside my wise and mercury bank account.

Hello Product Hunt! 👋 We’re excited to introduce Elevate Pay, designed specifically for remote employees and freelancers in emerging economies like Bangladesh, Pakistan, Egypt, and the Philippines who need reliable USD banking. Why Elevate Pay? We created Elevate Pay because we've witnessed firsthand the struggles of receiving USD payments for remote workers and freelancers in emerging markets. Our goal is to give all remote professionals, regardless of where they live, access to the quality of USD banking previously only reserved by US residents. Key Features: - FDIC-insured USD accounts: Your USD account is provided by our sponsor bank, Bangor Savings Bank, an FDIC member, which means your deposits are insured up to $250K in case of bank failure. - Low fees and excellent FX rates: We strive to provide the most economical solution for sending money home, offering the best take-home rate compared to Payoneer and Wise. - Receive money like a US local: Easily transfer your earnings from platforms like Upwork, Deel, Toptal, and Ontop to your Elevate account. Your clients or employer can also make ACH transfers to your account from any US bank, Wise, Payoneer, Brex, Mercury, and similar services. Zero deposit required: Opening an Elevate Pay account is free and only takes a few minutes. Who It's For: - Remote employees working for international companies. - Freelancers earning from platforms like Upwork, Fiverr, and more. - Professionals in Bangladesh, Pakistan, Egypt, and the Philippines looking for better USD banking options. Our Story: Given our family backgrounds in emerging markets, we know the pain points faced when trying to receive USD payments. Typically access to USD accounts or wallets has come with extortionate fees. We started by trying to solve the problem locally but quickly figured out that most people needed USD accounts based in the US, but with the ability to send money home quickly and cheaply. Goals: Gather feedback from this amazing community to keep improving our service. Connect with remote workers and freelancers who could benefit from Elevate Pay. Explore potential partnerships and collaborations to expand our reach. Let's Chat! We’re here to answer any questions and would love to hear your feedback. Feel free to ask us anything about Elevate Pay and how it can simplify receiving USD payments. We’re all ears and ready to assist. Thank you for your support! 🙏 Cheers, Tanvir Head of Growth Elevate Pay

I have stopped using Payoneer(I was using it for last 4 years) so far and using ElevatePay for most of my business. It's awesome. We need a SWIFT Code(It doesn't have it yet), I hope it'll be added soon. There are some other improvements needed like 3D secure Cards, physical cards, etc. I hope they're working on it.