We use Wise but their USD accounts are US-domiciled. So we have 3 options:
- Continue paying out to Wise and incur an additional 1% fee (~$30k per year)
- Use Stripe for currency conversion which is additional 2% fee (~$60k per year
- Find a UK-domiciled USD account to pay out to. Might be possible - no idea really. Need to look into it.
Run a business here, oh and we use Baremetrics too. To be 100% clear we never want to call you or Brian.
Listen to your customers here.
If there are people that want a call, offer the option, but please don't force it. And don't do sneaky updates to your terms which make this a requirement.
Long time customer of Baremetrics here. And this shady practice is really really offputting, to the extent where we are now looking into cancelling (without a phone call, of course)