PayPal HK vs Statrys - 2024 Review

Choosing between PayPal and a multi-currency business account is not as simple as it looks. Fees, FX margins, and payment features can work very differently once you start moving money regularly. For Hong Kong businesses, those differences can have a real impact on cash flow and day-to-day operations.

In this episode of The Match, Bertrand Théaud, Founder of Statrys, compares PayPal HK and Statrys in a clear, round-by-round format. The goal is not to declare a universal winner, but to show where each option performs better and which types of businesses each account is actually suited for.

Key Takeaways

• PayPal supports more currencies, while Statrys focuses on major trade currencies that cover most international business needs
• PayPal’s percentage-based fees can become expensive for larger payments, while Statrys uses more predictable fixed fees
• Statrys offers significantly lower FX spreads, which matters if foreign exchange is a regular part of your operations
• Statrys provides real-time payment tracking and free MT103s, which can reduce disputes with suppliers
• Dedicated account managers give Statrys an advantage for businesses that value direct, personalised support
• The better choice depends on how often you move money, the size of your payments, and how important FX costs are to your business