Paysera Business vs Wise Business in Romania: Complete Comparison for Business Accounts and Online Banking-updated
If you have a company in Romania (SRL, PFA, or another form) and are looking for an online account for payments, collections, and currency operations, the Paysera vs Wise comparison should be made based on a few clear criteria: total cost (fixed + variable), international transfers, currency exchange, collections (including for e-commerce), cards/expenses, integration/API and regulation + fund protection.
Paysera Business vs Wise Business in Brief, for Quick Decisions
- If you want predictable costs and a "pay only when you use" model, generally Paysera Business remains a pragmatic option: for EUR transfers (SEPA), 30 free transfers are listed, then 0.30 EUR/transfer, and for companies registered in Romania, the exception from the 5 EUR monthly fee is mentioned.
- If you have diverse international payments/collections and want "real rate + clear fee", Wise Business may be suitable: in Romania, a model with a one-time setup fee of 235 RON is presented, without a monthly subscription, and fees vary depending on currency.
- For e-commerce and payment collection: Paysera has a clear advantage through the Checkout / payment gateway component. Wise has options like payment links, but it's more of a complement for collections rather than a complete e-commerce gateway.
Discover more about Paysera's benefits as an alternative to traditional bank accounts.
General Overview – Paysera Business and Wise Business Romania
What is Paysera Business?
Paysera is an electronic money institution (EMI), licensed and supervised by the Bank of Lithuania.
For companies, Paysera Business is designed as an integrated package: IBAN account, transfers (including SEPA), multi-currency operations, and importantly for many businesses, payment collection solutions (including for online stores, where a payment gateway is relevant). From a security perspective, Paysera communicates that account funds are separated from company funds (safeguarding).
To better understand how it fits your needs, you can also explore the differences between a personal Paysera account and a business one.
What is Wise Business in Romania?
In the European Economic Area, Wise operates through the entity Wise Europe SA, described as a payment service provider authorized by the National Bank of Belgium (NBB), with services in the EEA.
Wise is known for currency exchange at the mid-market exchange rate (without "inflating" the rate), and the cost is presented as a fee displayed upfront, which varies depending on currency and route.
Both platforms address online business banking challenges, but differ in how they approach these challenges.
Paysera Business – Solutions and Services for Companies
Paysera Business suits companies that want a financial "hub": account + payments + (where relevant) online payment collection, in a single ecosystem. For a complete presentation, you can explore Paysera's solutions for companies.
Main Paysera Business Services
- Multi-currency accounts: Managing and operating funds in various currencies without separate accounts for each currency, offering flexibility in managing international cash flows
- International transfers: Services through SEPA and SWIFT networks with complete transparency on costs and processing times
- Integrated payment gateway: Accepting online payments from customers directly on the company's website, eliminating the need for separate third-party services
- Financial automation: Automatic payment reconciliation, detailed report generation, and integration with existing accounting systems
The integrated payment gateway allows companies to accept online payments from customers, transforming Paysera into a complete solution for businesses with e-commerce components. You no longer need to integrate separate third-party services, which simplifies the technical architecture and reduces operational complexity.
How to Open a Paysera Business Account
- The company administrator opens a personal Paysera account simply by downloading the mobile application and following the intuitive registration steps.
- After activating the personal account, the administrator accesses the “Open a business account” section, where, after selecting the country in which the company is registered and entering the unique registration number, the Business account is automatically opened.
- The administrator uploads the official documents—such as the company’s registration certificate, identity documents of the legal representatives, and additional documents for regulated activities—and provides information in the KYC questionnaire regarding the beneficial owners, in accordance with European anti–money laundering regulations.
- They then wait for the Paysera team to verify the documentation within a reasonable timeframe.
- Once approved, the account is activated and the available services can be used.
Wise Business Romania – Features
After analyzing Paysera, it's time to turn our attention to Wise Business and see what features and advantages it offers to companies in Romania.
Main Wise Business Features
- One-time setup fee: In Romania, Wise presents a startup fee of 235 RON, without a monthly subscription
- International collections: Free for domestic payments (non-Swift/non-wire) on certain currencies; for Swift/wire payments there is a fixed fee (e.g., USD 6.11, EUR 2.39, GBP 2.16)
- Transparent currency exchange: Mid-market rate without hidden margin in the rate, the cost being communicated as an upfront fee (approximately "from 0.73%", depending on route)
- Business card: Card payments in the same currency without fee; ATM withdrawals with thresholds and fees after exceeding
- Team features: Permissions component, useful for companies with multiple operators
How to Open a Wise Business Account
- Business account registration (company + controlling persons)
- KYC/AML verifications (company documents, beneficial owners, representatives)
- Payment of the one-time setup fee (235 RON) for full activation of features
Cost Comparison: Paysera Model (Usage) vs Wise Model (Setup + Variable Fee)
The simple principle: if you want to minimize the initial cost and have a variable "per use" cost, Paysera is often more straightforward. If you accept a startup cost and are targeting international routes + transparent FX, Wise can be an option.
Paysera – Account Opening and Administration (Companies from Romania)
- Account opening: free
- Account administration: free for companies in Romania (exception compared to other SEPA countries where there may be a monthly fee of 5 EUR)
For details and updates, use the official Paysera pricing page.
Paysera – SEPA Transfers in EUR
At Paysera you have 30 free transfers/month and then 0.30 EUR/transfer for each subsequent transfer.
Wise Business – Setup Fee and Typical Commissions
- One-time setup fee: 235 RON
- Collections: Free domestic payments (non-Swift) for certain currencies; Swift/wire have fixed fee per transaction
- Sending money / conversion: Variable fee depending on currency (approximately "from 0.73%")
Currency Exchange
- Wise Business: presents the cost as an upfront fee and communicates that it doesn't "inflate" the mid-market exchange rate; the fee varies depending on currency
- Paysera: for currency exchange, the practical recommendation is to check the official currency converter for real-time rates
Online Collections and E-commerce: The Differentiator That Matters
If you have e-commerce or collect online (payments from customers), Paysera has a natural advantage for many companies:
- Paysera: the payment collection / gateway component is part of the Paysera ecosystem, which reduces the need for separate providers and simplifies operational reconciliation
- Wise: can help with international collections (IBAN/local details) and offers payment links; useful for invoicing/one-off collections, but for complete e-commerce checkout, you typically need a more specific setup
Explore Paysera's solutions for accepting online payments.
Cards, Expenses, and Internal Control
Wise Business: Simple Logic for Multi-Currency Expenses
Wise mentions that card payments in the same currency are free, and the ATM withdrawal part has thresholds (e.g., first 1,000 RON/month free under certain conditions) and fees after exceeding the threshold.
Paysera: Functional, with Focus on Cost and Integration
Paysera remains a solid option for usual operations and for companies that prefer a simple model: account + payments + collections (where relevant), without the pressure of a monthly subscription (in Romania) for account administration.
Regulation, Security, and Compliance
Paysera
Paysera is an electronic money institution (EMI) licensed and supervised by the Bank of Lithuania. Paysera explicitly communicates that client funds are separated from company funds (safeguarding).
Wise
For the EEA, Wise operates through Wise Europe SA, described as a payment service provider authorized by the National Bank of Belgium (NBB), with services in the EEA. Wise describes protection/safeguarding mechanisms in line with applicable regulatory requirements.
Paysera vs Wise Comparison Table (Business, Romania)
| Criterion | Paysera Business | Wise Business |
|---|---|---|
Fixed monthly cost (RO) |
Account administration: free for Romania |
One-time setup fee: 235 RON, no monthly subscription |
EUR transfers (SEPA) |
30 free/month + 0.30 EUR/subsequent transfer |
Variable fee depending on currency/route (approx. "from 0.73%") |
Currency exchange |
Competitive rates; check official converter for current values |
Mid-market rate + upfront fee, variable by currency |
Collections from abroad |
Strong in EEA; plus payment collection ecosystem for online |
Local account details + free domestic collections; Swift/wire have fixed fee |
E-commerce |
Advantage: Checkout / payment gateway in Paysera ecosystem |
Payment links; more suitable for invoicing than complex checkout |
Regulation (EU) |
EMI licensed and supervised by Bank of Lithuania |
Wise Europe SA authorized by National Bank of Belgium (NBB) |
Recommendation – How to Choose Based on Scenario
Why Paysera Business is the "Default" Choice for Many Romanian Companies
- Reduced fixed monthly cost (account administration listed as free for Romania), which helps with budget control
- Simple and predictable model for EUR transfers (SEPA): 30 free/month + 0.30 EUR thereafter
- Clear advantage for e-commerce: payment collection / gateway in a unified ecosystem
- Protected funds: Paysera communicates fund separation (safeguarding)
When Wise Business is Worth Considering
- Diverse international collections and payments, with local details and clear fees
- Transparent currency exchange: mid-market rate + upfront fee
- Model without monthly subscription, but with one-time setup fee (235 RON)
Frequently Asked Questions
Does Paysera Business have a monthly fee for account administration in Romania?
Account administration in Romania is free (under certain registration conditions and company category). Check the official pricing page for your case.
Does Wise Business have a monthly subscription?
In Romania, Wise communicates a model with a one-time setup fee (235 RON), without describing a standard monthly subscription.
Does Wise Business have costs for collections?
Wise indicates that domestic collections (non-Swift/non-wire) are free for certain currencies, but for Swift/wire collections there are fixed fees (for example USD 6.11, EUR 2.39, GBP 2.16).
Does Paysera have free SEPA transfers?
Yes: Paysera offers 30 free transfers/month and then 0.30 EUR for each subsequent transfer.
From a regulatory perspective in the EU, how are they classified?
Paysera: electronic money institution (EMI) licensed and supervised by the Bank of Lithuania.
Wise (EEA): Wise Europe SA is described as a payment service provider authorized by the National Bank of Belgium (NBB), with services in the EEA.
How do I correctly compare currency exchange between Paysera and Wise Business?
Compare in two steps: (1) what fee applies depending on currency and route, (2) the effective rate at the time of transaction. For Wise, the fee is displayed upfront on the mid-market rate; for Paysera, it's safest to check the official currency converter.
Conclusion
For many companies in Romania, Paysera Business is the more efficient choice through a predictable cost model and a useful ecosystem for collections and usual operations. Wise Business remains an option worth considering when your business is international "by default" and you need collections/payments in many currencies, with mid-market rate and explicit fees. In practice, many companies use both: Paysera for European flows and e-commerce, Wise for international routes and FX.