Your client pays the way they already pay for everything. You get the money in your own currency.
Cross-border payments for services — mainland China to Australia.
How it works
What it costs
3.5%
One number and nothing under it: the wallet's charge for taking the payment, the conversion out of yuan, and ours. The person paying is charged the amount they owe and nothing more. Nothing to join, nothing monthly, and nothing at all if nobody pays you.
A bank does the same job with its own spread, a wire fee at each end, a form about why the money is leaving, and a week.
Who it is for
Tutors, translators, consultants, designers, writers, agents, small studios and sole traders outside China with clients inside it.
Ordinary payment services are built for registered businesses with a website and a merchant account. Most of the people doing this work have neither, and their alternative is a bank branch, a form, and several days of not knowing.
What Dealio does not do
Who built it
He presented Rediscovering China on CCTV's English channel, and has worked between Australia and China since. He has raised over US$20 million for start-ups.
He built Dealio because he kept watching the same thing happen: the work done, both sides happy, and the money stuck at a bank counter.
Who runs it