Index › Finance › Treasury and cash › Cross-border payments › Small business · September 2026 Edition
Cross-border payments and FX for small business buyers
Asked as “cross-border payments platform for businesses”, and as “FX hedging and international payments tool”, on behalf of a small B2B company. 44 first choices recorded across the direct, paraphrase, budget and scale prompts, twelve models each.
Standing · first-choice share
73%
Wise BusinessClear leader
73Wise Business07Revolut Business05Airwallex16others
73% of first choices, clear leader.
By buyer segment
The same question asked on behalf of a different buyer. Each standing is computed within its segment; they sit side by side and are never added together.
The standing
Share is the count of first choices across the direct, paraphrase, budget and scale prompts, over all twelve models, for a small B2B company. Ordered by share.
ProductFirst-choice shareNegative rateLabelsQuadrant
Bars are the share of first choices, 0 to 100Every product with at least 10 labels here. Every product name links to its product page.
Head to headHead-to-head pages are published for mid-market buyers, so these open on mid-market figures, not small business.
All fifteen head-to-head pages: the top six products, each against each
One product takes 73% of first choices here, so the chart would put seven markers in one corner and one at the far edge. The two measurements it plots are columns in the standing above: share, and the negative label rate. Three products carry a negative rate above 25% in this category.
What they warned about
One of twelve models held their first choice under the paraphrase. Claude Haiku 4.5, GPT-5.4 mini, Gemini 3.5 Flash, Perplexity Sonar, Grok 4.20, Mistral Small, DeepSeek V4 Flash, Llama 4 Maverick, Qwen 3.7 Flash, Kimi K2 and GLM 4.7 FlashX changed. A high negative share on a product with few labels is a warning. A low share on a product with many labels is salience, not sentiment.
Payoneer26%
10 of 38 labels negative · 8 of 12 models · 2 hard negative
“Platforms to Avoid or Approach with High Caution: 1. Payoneer - Key issues: High fees ... frequent account blocks/freezes” Grok 4.20, negative prompt
PayPal73%
11 of 15 labels negative · 7 of 12 models · 5 hard negative
“PayPal, in particular, is known for high fees and less transparent pricing, making it expensive for small businesses.” Mistral Small, negative prompt
Revolut Business22%
4 of 18 labels negative · 4 of 12 models · 1 hard negative
“Platforms with Significant Red Flags ... 1. Revolut (Business Accounts) ... Highest fraud complaints” Kimi K2, negative prompt
Thunes43%
6 of 14 labels negative · 4 of 12 models · 1 hard negative
“Avoid for small B2B: Enterprise-focused like Thunes/Nium (API-heavy, less SMB-friendly)” Grok 4.20, direct prompt
What they cite
Twelve of the twelve models returned a source list in this edition: four return the pages they cited and eight the search results they consulted.
Sites the answers cite
66 of 72 answers in this category came back with a source list, from 12 of 12 models: citations where the model returns them, or the search results it consulted. 907 links across 251 sites, every framing counted. Ranked by the number of answers carrying the site or page.
vendor site · Airwallex44 answers · 84 citations · 11 models
28 answers · 64 citations · 9 models
vendor site · ConnectPay28 answers · 31 citations · 11 models
vendor site · XTransfer27 answers · 56 citations · 8 models
22 answers · 22 citations · 9 models
vendor site · Guideflow21 answers · 21 citations · 8 models
vendor site · Tipalti21 answers · 21 citations · 11 models
18 answers · 18 citations · 9 models
vendor site · AllScale16 answers · 16 citations · 7 models
15 answers · 30 citations · 9 models
vendor site · WorldFirst12 answers · 18 citations · 8 models
vendor site · iBanFirst12 answers · 13 citations · 8 models
Pages the answers cite
The ten pages named in the most answers, by full address. A page here is one the models returned with a recommendation, not one the index endorses.
26 answers · 11 models
22 answers · 9 models
21 answers · 10 models
21 answers · 8 models
20 answers · 11 models
18 answers · 9 models
16 answers · 7 models
13 answers · 7 models
11 answers · 3 models
10 answers · 7 models
Search against answers
Each company's standing in the answers beside its site's footprint in Google search, one row a site: the products the models named on it with their shares, and the share they add up to; monthly searches on Google, and DataForSEO's estimate of AI search demand (modeled from search signals, directional, not a count of queries to any assistant), for the most-searched of the company's and its products' names (the name is in each row's hover text); estimated monthly organic visits to the site; and its best position in Google's top ten for “best cross-border payments platform for businesses”, “cross-border payment platforms”, “cross-border payments platform for businesses”. US estimates from DataForSEO and Google's Ads Transparency Center. A small company's site, or a mid-sized company's site for its flagship, is marked company; a product on a large parent's site (Google, Microsoft) has no site figures. A column with no figures for this category is left out, and an empty cell means none were seen, not none exist. Two measurements side by side: neither is read as the cause of the other.
| Company and products | Share | Own site cited | Name searches, Google | AI search demand, est. | Organic visits | Paid search a month, est. | Google ads, last 30 days | Best Google position |
|---|---|---|---|---|---|---|---|---|
| Wise Business wise.com | 73% | 270 | 1,900 | 167 | 158,520,306 | $81 | 78 | |
| Revolut Business revolut.com | 7% | 52 | 3,600 | 179 | 45,913,008 | $873 | 62 | |
| Airwallex airwallex.com | 5% | 260 | 27,100 | 416 | 420,414 | $56,832 | 45 | 5 |
| WorldFirst worldfirst.com | 5% | 30 | 7 | |||||
| Corpay corpay.com Corpay Cross-Border Payments 5% | 5% | 28 | 14,800 | 531 | 25,659 company | $4,482 | 12 | 5 |
| Stripe stripe.com | 2% | 265 | 823,000 | 102,741 | 3,226,782 | $3,621 | 102 | 2 |
| OFX ofx.com | 2% | 48 | 6,600 | 434 | 7,511,219 | $2,840 | 76 | |
| XE Business xe.com | 2% | 5 | 20 | 0 | 107,906,609 | $706 | 52 | |
| Payoneer payoneer.com | 0% | 120 | 49,500 | 1,071 | 42,477 | $192 | 14 | 3 |
| XTransfer xtransfer.com | 0% | 55 | 1,600 | 23 | 622,724 |
Google's top ten for the three searches hold 15 sites; 4 of them are among the sites the models cited here (airwallex.com, connectpay.com, tipalti.com, worldfirst.com). The first result for “best cross-border payments platform for businesses” is connectpay.com.
How they answered
Six framings of the same buying question, each sent to every model in a fresh session with search on. One row per model, so a row shows whether it held its answer under rewording, what it named when cost was the constraint, and what it argued against. Computed from the raw judge labels.ShowHide
How they answered
Six framings of the same buying question, each sent to every model in a fresh session with search on. One row per model, so a row shows whether it held its answer under rewording, what it named when cost was the constraint, and what it argued against. Computed from the raw judge labels.
ShowHideModelDirect“What is the best cross-border payments platform for businesses for a small B2B company?”Paraphrase“Which FX hedging and international payments tool would you recommend to a small business that sells to other businesses?”Comparative“What are the top cross-border payment platforms for a small team and how do they differ?”Budget-constrained“What is the best cross-border payments platform for businesses for a small company with a tight budget?”Scale-constrained“We are a 30 person company evaluating a cross-border payments platform for businesses. What should we look at?”Negative“Which cross-border payment platforms should a small business avoid or be cautious about?”
Claude Haiku 4.5Wise BusinessStripe, Wise BusinessChangedWise BusinessWise Businessno first choiceagainst: Adyen, Global Payments, Inc., LemFi, Remitly
Two alternatives
Airwallex, ThunesThree alternatives
Airwallex, Payoneer, StripeTwo alternatives
Payoneer, Revolut BusinessGPT-5.4 miniWise BusinessCorpay Cross-Border Payments, Wise BusinessChangedWise BusinessWise Businessagainst: Airwallex, Payoneerno first choicenothing named
Three alternatives
Airwallex, Payoneer, StripeOne alternative
AirwallexThree alternatives
Airwallex, Payoneer, StripeGemini 3.5 FlashWise BusinessOFXChangedWise Businessagainst: PayoneerAirwallex, Wise Businessagainst: Revolut BusinessWise Businessagainst: Adyen, PayPal, Payoneer, Stripe, Tipalti, Wise Business
Three alternatives
Airwallex, Revolut Business, VeemFour alternatives
Airwallex, Ebury, Wise Business, iBanFirstFour alternatives
Airwallex, Deel, Remote, StripeFour alternatives
Airwallex, Convera, OFX, PayoneerPerplexity SonarWise Businessagainst: ThunesWise Business, WorldFirstChangedWise Businessagainst: Stripe, Thunes, TipaltiWise Businessagainst: Thunesno first choiceagainst: MoneyGram, SWIFT, Western Union
Three alternatives
Airwallex, Payoneer, XTransferThree alternatives
D-Risk FX, FXGuard, KantoxTwo alternatives
Airwallex, PayoneerTwo alternatives
Airwallex, PayoneerGrok 4.20Wise Businessagainst: Nium, PayPal, ThunesRevolut BusinessChangedWise Businessagainst: PayPalWise Businessagainst: PayPalWise Businessagainst: PayU, Stripeagainst: Airwallex, MoneyGram, PayPal, Payoneer, Western Union, Worldpay
Two alternatives
Airwallex, PayoneerFour alternatives
Airwallex, OFX, Wise Business, iBanFirstThree alternatives
Airwallex, Payoneer, StripeThree alternatives
Airwallex, Payoneer, Revolut BusinessFour alternatives
Airwallex, Payoneer, WorldFirst, XTransferMistral SmallWise BusinessRevolut Business, Wise BusinessChangedWise BusinessWise Businessno first choiceagainst: Klasha, PayPal
Two alternatives
Cedar Money, ThunesTwo alternatives
OFX, XE BusinessFour alternatives
Airwallex, Payoneer, Ripple, TipaltiDeepSeek V4 FlashWise Businessagainst: ThunesWorldFirstChangedAirwallex, Wise Businessagainst: PayPal, PayoneerWise Businessno first choiceagainst: PayPal, Payoneer, Traditional banks
Two alternatives
Airwallex, PayoneerFour alternatives
Airwallex, Currencies Direct, OFX, Wise BusinessOne alternative
StripeTwo alternatives
Airwallex, PayoneerLlama 4 MaverickWise BusinessCorpay Cross-Border PaymentsChangedWise BusinessWise Businessno first choicenothing named
Two alternatives
Kavodax, ThunesTwo alternatives
Bound, OkooraThree alternatives
Airwallex, Payoneer, Revolut BusinessQwen 3.7 FlashAirwallex, Wise BusinessWise BusinessChangedWise Businessagainst: Revolut BusinessWise Businessno first choiceagainst: PayPal, Payoneer
One alternative
PayoneerTwo alternatives
Currencycloud, OANDATwo alternatives
Airwallex, MercuryOne alternative
AirwallexKimi K2Wise BusinessRevolut BusinessChangedagainst: Airwallex, Wise BusinessWise BusinessWise Businessno first choiceagainst: MoneyGram, PayPal, Payoneer, PrePay Technologies / Monese, Razorpay, Revolut Business, Western Union
Two alternatives
Airwallex, PayoneerOne alternative
OFXThree alternatives
Airwallex, Payoneer, Revolut BusinessThree alternatives
Airwallex, Payoneer, XTransferGLM 4.7 FlashXWise Businessagainst: ThunesXE BusinessChangedWise Businessagainst: Adyen, PayPal, RapydWise Businessagainst: Payoneerno first choiceagainst: First American Payment Processing, Nuvei, Wise Business
Two alternatives
Airwallex, XTransferTwo alternatives
Airwallex, Wise BusinessFour alternatives
Airwallex, Payoneer, Stripe, ThunesTwo alternatives
Airwallex, XTransferMiniMax M2.5Wise BusinessWise BusinessHeldWise BusinessWise Businessno first choiceagainst: Payoneer, Revolut Business
Two alternatives
Thunes, XTransferThree alternatives
FXGuard, OFX, iBanFirstThree alternatives
Airwallex, Payoneer, StripeThree alternatives
Airwallex, Payoneer, XTransferBold is the first choiceAlternatives are counted; the count opens them.What the answer argued against
The record
One row per call: the version string exactly as returned, whether the model searched, sources cited, and latency.
Seventy-two rows: every prompt, every model, every answer.
| Prompt | Model | Version string | Time (UTC) | Searched | Sources | Latency |
|---|---|---|---|---|---|---|
| Direct recommendation | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-09-17 17:53 | yes | 9 | 8 s |
| Direct recommendation | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-09-17 20:25 | yes | 4 | 4 s |
| Direct recommendation | Gemini 3.5 Flash | gemini-3.5-flash | 2026-09-17 19:04 | yes | 14 | 28 s |
| Direct recommendation | Perplexity Sonar | sonar | 2026-09-17 19:02 | yes | 20 | 5 s |
| Direct recommendation | Grok 4.20 | spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version) | 2026-09-17 19:06 | yes | 31 | 19 s |
| Direct recommendation | Mistral Small | mistral/mistral-small via mistral | 2026-09-17 18:49 | yes | 5 | 4 s |
| Direct recommendation | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via fireworks | 2026-09-17 17:59 | yes | 11 | 13 s |
| Direct recommendation | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-09-17 18:14 | yes | 5 | 2 s |
| Direct recommendation | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-09-17 19:31 | yes | 5 | 34 s |
| Direct recommendation | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-09-17 21:04 | yes | 12 | 32 s |
| Direct recommendation | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-09-17 20:23 | yes | 16 | 42 s |
| Direct recommendation | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-09-17 20:10 | yes | 7 | 23 s |
| Paraphrase | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-09-17 20:09 | no | 0 | 5 s |
| Paraphrase | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-09-17 20:18 | yes | 3 | 5 s |
| Paraphrase | Gemini 3.5 Flash | gemini-3.5-flash | 2026-09-17 21:57 | yes | 21 | 57 s |
| Paraphrase | Perplexity Sonar | sonar | 2026-09-17 19:32 | yes | 20 | 6 s |
| Paraphrase | Grok 4.20 | spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version) | 2026-09-17 19:52 | yes | 29 | 15 s |
| Paraphrase | Mistral Small | mistral/mistral-small via mistral | 2026-09-17 18:00 | yes | 5 | 5 s |
| Paraphrase | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via fireworks | 2026-09-17 19:44 | yes | 23 | 21 s |
| Paraphrase | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-09-17 19:05 | yes | 5 | 2 s |
| Paraphrase | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-09-17 21:07 | yes | 5 | 18 s |
| Paraphrase | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-09-17 20:45 | yes | 17 | 87 s |
| Paraphrase | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-09-17 18:16 | yes | 25 | 131 s |
| Paraphrase | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-09-17 20:09 | yes | 5 | 15 s |
| Comparative | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-09-17 20:01 | yes | 13 | 14 s |
| Comparative | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-09-17 18:04 | yes | 5 | 9 s |
| Comparative | Gemini 3.5 Flash | gemini-3.5-flash | 2026-09-17 21:17 | yes | 22 | 51 s |
| Comparative | Perplexity Sonar | sonar | 2026-09-17 19:26 | yes | 20 | 9 s |
| Comparative | Grok 4.20 | spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version) | 2026-09-17 18:55 | yes | 28 | 16 s |
| Comparative | Mistral Small | mistral/mistral-small via mistral | 2026-09-17 18:49 | yes | 5 | 7 s |
| Comparative | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via deepinfra | 2026-09-17 20:10 | yes | 25 | 73 s |
| Comparative | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-09-17 19:45 | yes | 5 | 4 s |
| Comparative | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-09-17 21:05 | yes | 5 | 21 s |
| Comparative | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-09-17 21:07 | yes | 10 | 22 s |
| Comparative | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-09-17 20:33 | yes | 10 | 45 s |
| Comparative | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-09-17 18:30 | yes | 5 | 12 s |
| Budget constrained | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-09-17 21:05 | yes | 9 | 7 s |
| Budget constrained | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-09-17 19:06 | yes | 2 | 6 s |
| Budget constrained | Gemini 3.5 Flash | gemini-3.5-flash | 2026-09-17 18:27 | yes | 16 | 21 s |
| Budget constrained | Perplexity Sonar | sonar | 2026-09-17 20:58 | yes | 18 | 6 s |
| Budget constrained | Grok 4.20 | spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version) | 2026-09-17 19:57 | yes | 18 | 11 s |
| Budget constrained | Mistral Small | mistral/mistral-small via mistral | 2026-09-17 21:04 | yes | 5 | 11 s |
| Budget constrained | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via fireworks | 2026-09-17 19:28 | yes | 10 | 11 s |
| Budget constrained | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-09-17 18:45 | yes | 5 | 2 s |
| Budget constrained | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-09-17 17:53 | yes | 5 | 16 s |
| Budget constrained | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-09-17 21:00 | yes | 15 | 28 s |
| Budget constrained | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-09-17 19:09 | yes | 14 | 247 s |
| Budget constrained | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-09-17 20:45 | yes | 9 | 28 s |
| Scale constrained | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-09-17 20:43 | no | 0 | 5 s |
| Scale constrained | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-09-17 19:51 | no | 0 | 8 s |
| Scale constrained | Gemini 3.5 Flash | gemini-3.5-flash | 2026-09-17 19:58 | yes | 8 | 27 s |
| Scale constrained | Perplexity Sonar | sonar | 2026-09-17 19:04 | yes | 20 | 9 s |
| Scale constrained | Grok 4.20 | spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version) | 2026-09-17 19:39 | yes | 15 | 9 s |
| Scale constrained | Mistral Small | mistral/mistral-small via mistral | 2026-09-17 18:18 | no | 0 | 6 s |
| Scale constrained | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via fireworks | 2026-09-17 21:04 | yes | 12 | 18 s |
| Scale constrained | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-09-17 18:09 | yes | 5 | 2 s |
| Scale constrained | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-09-17 20:37 | no | 0 | 27 s |
| Scale constrained | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-09-17 19:52 | yes | 10 | 22 s |
| Scale constrained | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-09-17 20:21 | yes | 9 | 46 s |
| Scale constrained | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-09-17 19:25 | yes | 5 | 17 s |
| Negative framing | Claude Haiku 4.5 | claude-haiku-4-5-20251001 | 2026-09-17 19:28 | yes | 27 | 12 s |
| Negative framing | GPT-5.4 mini | gpt-5.4-mini-2026-03-17 | 2026-09-17 20:33 | no | 0 | 5 s |
| Negative framing | Gemini 3.5 Flash | gemini-3.5-flash | 2026-09-17 19:59 | yes | 24 | 23 s |
| Negative framing | Perplexity Sonar | sonar | 2026-09-17 19:06 | yes | 20 | 6 s |
| Negative framing | Grok 4.20 | spacexai/grok-4.1-fast-non-reasoning via vertex (asked for grok-4.20-non-reasoning; the API answered as this version) | 2026-09-17 17:57 | yes | 45 | 20 s |
| Negative framing | Mistral Small | mistral/mistral-small via mistral | 2026-09-17 21:06 | yes | 10 | 7 s |
| Negative framing | DeepSeek V4 Flash | deepseek/deepseek-v4-flash via fireworks | 2026-09-17 20:22 | yes | 30 | 44 s |
| Negative framing | Llama 4 Maverick | meta/llama-4-maverick via bedrock | 2026-09-17 17:58 | yes | 5 | 4 s |
| Negative framing | Qwen 3.7 Flash | alibaba/qwen3.7-flash via alibaba | 2026-09-17 19:44 | yes | 10 | 28 s |
| Negative framing | Kimi K2 | moonshotai/kimi-k2 via novita | 2026-09-17 18:22 | yes | 30 | 39 s |
| Negative framing | GLM 4.7 FlashX | zai/glm-4.7-flashx via zai | 2026-09-17 21:07 | yes | 22 | 131 s |
| Negative framing | MiniMax M2.5 | minimax/minimax-m2.5 via minimax | 2026-09-17 18:16 | yes | 24 | 38 s |
Normalization in this category
Every judgment call made between the raw labels and the numbers above, listed so it is visible and reversible.
ShowHide
Category-scoped readings
Corpay read as Corpay Cross-Border Payments
Corpay Cross-Border read as Corpay Cross-Border Payments
Unresolved, counted raw
Currencies Direct
D-Risk FX
First American Payment Processing
Global Payments, Inc.
Kavodax
Klasha
LemFi
OANDA
Okoora
PrePay Technologies / Monese
Shor / Omnivoo
Discontinued, still offered
No shut-down product was recommended here.