WorldFirst vs Youbiz

Which global payment solutions works best for you?

WorldFirst is a more globally oriented alternative to Youbiz. Youbiz works well for smaller businesses that have straightforward financial needs. Whereas, WorldFirst is designed for your business's next stage of growth, offering an all-in-one multi-currency account that helps you earn 1.2% cashback* for all your spendings, capturing value whilst you grow your business internationally.

WorldFirst vs Youbiz

Which global payment solutions works best for you?

WorldFirst is a more globally oriented alternative to Youbiz. Youbiz works well for smaller businesses that have straightforward financial needs. Whereas, WorldFirst is designed for your business's next stage of growth, offering an all-in-one multi-currency account that helps you earn 1.2% cashback* for all your spendings, capturing value whilst you grow your business internationally.

WorldFirst vs Youbiz

Which global payment solutions works best for you?

WorldFirst is a more globally oriented alternative to Youbiz. Youbiz works well for smaller businesses that have straightforward financial needs. Whereas, WorldFirst is designed for your business's next stage of growth, offering an all-in-one multi-currency account that helps you earn 1.2% cashback* for all your spendings, capturing value whilst you grow your business internationally.

Pricing Breakdown

Pricing

Account setup

US$0

US$

Ongoing fees

US$0

US$

Transaction fees

Domestic SGD payments: US$0

Domestic payments (non-SWIFT): US$1

SWIFT transfers: From US$5

Local transfers (FAST/GIRO in SGD): US$0

1688 and Taobao payment fees

0.8% with World Pay, exclusive to WorldFirst

0% FX admin fees with World Card on both platforms

No direct integration with 1688 and Taobao

Currency conversion fee

Up to 0.6% on major currencies (lower fees may apply for higher volumes)

0% FX fee on card transactions in over 150 currencies

Typically 0.1%–0.4%

Receiving fees

US$0

SGD 0

$0 for receiving local SGD via FAST into a Youbiz account

$0 for incoming international (intermediary/recipient banks charges might apply)

Withdrawal fees

US$0

US$0

Transfers within the same network

World Account to World Account: US$0

Youbiz to Youbiz (local transfers): US$0

Remittance fees and FX spread apply (no special zero-fee-in-network cross-border rail)

Corporate Card spending cost

SGD 0 when paying from held currency balance

Up to 0.6% on major currencies

For outgoing overseas payments: Variable fee which you can see in the Youbiz dashboard

Corporate Card cashback

Up to 1.2% cashback* on all eligible payments, uncapped

1% cashback on every spend where Mastercard is accepted

Corporate Card Annual Fee

US$0

US$0

Pricing

Account setup

US$0

US$

Ongoing fees

US$0

US$

Transaction fees

Domestic SGD payments: US$0

Domestic payments (non-SWIFT): US$1

SWIFT transfers: From US$5

Local transfers (FAST/GIRO in SGD): US$0

1688 and Taobao payment fees

0.8% with World Pay, exclusive to WorldFirst

0% FX admin fees with World Card on both platforms

No direct integration with 1688 and Taobao

Currency conversion fee

Up to 0.6% on major currencies (lower fees may apply for higher volumes)

0% FX fee on card transactions in over 150 currencies

Typically 0.1%–0.4%

Receiving fees

SGD 0

$0 for receiving local SGD via FAST into a Youbiz account

$0 for incoming international (intermediary/recipient banks charges might apply)

Withdrawal fees

US$0

US$0

Transfers within the same network

World Account to World Account: US$0

Youbiz to Youbiz (local transfers): US$0

Remittance fees and FX spread apply (no special zero-fee-in-network cross-border rail)

Corporate Card spending cost

SGD 0 when paying from held currency balance

Up to 0.6% on major currencies

For outgoing overseas payments: Variable fee which you can see in the Youbiz dashboard

Corporate Card cashback

Up to 1.2% cashback* on all eligible payments, uncapped

1% cashback on every spend where Mastercard is accepted

Corporate Card Annual Fee

US$0

US$0

Product Comparison

Feature

Multi-currency account (payment collection)

Multi-currency account (payment collection)

Hold 20+ currencies, including CNH, MYR, THB, and AED

Hold 9 currencies (SGD, USD, EUR, GBP, JPY, HKD, AUD, CHF, THB)

FX rates and tools

FX rates and tools

Offers real-time FX rates, rate monitoring, rate locking, and live rate alerts

24/7 live quotes in-app

Payments to sourcing marketplaces

Payments to sourcing marketplaces

Pay Chinese bank accounts in CNY/CNH/USD, with funds arriving same-day, or instantly to another WorldFirst account

Pay 1688 and Taobao suppliers instantly

Pay 1688 and Taobao suppliers within 1-2 business days

Pay in CNY

Marketplace collections

Marketplace collections

130+ marketplace and payment gateways

Not specified

Multi-currency card

Multi-currency card

No FX fees for 15 major currencies

1.2% unlimited cashback + 0% FX admin fees

US$0

0% FX fee

Accounting software integrations

Accounting software integrations

Xero and NetSuite

Xero

Payment currencies

Payment currencies

150+

20+

Compliance and security

Compliance and security

60+ global licenses

Not specified

Singapore-based support

Singapore-based support

Phone calls, emails, live chat

In-app chat, help centre, and email support (1-2 business days)

Information accurate as of [*] 2025. The information contained is general only and largely our views. Before acting on the information, you should consider whether it is appropriate for you, in light of your objectives, financial situation or needs. Although information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions, estimates, mentioned products/services and referenced material constitute the author’s own judgement as of the date of the briefing and are subject to change without notice. WorldFirst shall not be responsible for any losses or damages arising from your reliance of such information.

Why you should open a World Account

The experts at sending money to China

Send payments directly to your suppliers in China - as fast as same day, in USD or CNH. Pay partners on 1688.com in CNY instantly using your WorldFirst account balance. No more 3-5 day waits.

The experts at sending money to China

Send payments directly to your suppliers in China - as fast as same day, in USD or CNH. Pay partners on 1688.com in CNY instantly using your WorldFirst account balance. No more 3-5 day waits.

The experts at sending money to China

Send payments directly to your suppliers in China - as fast as same day, in USD or CNH. Pay partners on 1688.com in CNY instantly using your WorldFirst account balance. No more 3-5 day waits.

Hold in multiple currencies with no monthly fees

Open multiple single-currency accounts instantly - USD, CNH, MYR, THB and more - with no setup or monthly fees. Each currency account contains its own bank details. Hold funds and pay suppliers in their local currency to avoid the double-conversion trap.

Hold in multiple currencies with no monthly fees

Open multiple single-currency accounts instantly - USD, CNH, MYR, THB and more - with no setup or monthly fees. Each currency account contains its own bank details. Hold funds and pay suppliers in their local currency to avoid the double-conversion trap.

Hold in multiple currencies with no monthly fees

Open multiple single-currency accounts instantly - USD, CNH, MYR, THB and more - with no setup or monthly fees. Each currency account contains its own bank details. Hold funds and pay suppliers in their local currency to avoid the double-conversion trap.

Fuel your business growth with real rewards

Enjoy 1.2% unlimited cashback on your digital ads and subscription services. Save more with 0% FX fees charged on foreign transactions. Unlock more rewards on transactions powered by Mastercard.

Fuel your business growth with real rewards

Enjoy 1.2% unlimited cashback on your digital ads and subscription services. Save more with 0% FX fees charged on foreign transactions. Unlock more rewards on transactions powered by Mastercard.

Fuel your business growth with real rewards

Enjoy 1.2% unlimited cashback on your digital ads and subscription services. Save more with 0% FX fees charged on foreign transactions. Unlock more rewards on transactions powered by Mastercard.

Lower fees. Better cashback. More savings.

Avoid intermediary bank fees

Accept payments directly into your account, bypassing extra charges. Plus, no account fees or minimum balances.

Reduce costly transfer fees

Send fast, low-cost international payments with our transparent fee structure.

Earn up to 1.2% uncapped cashback on all spend

For every eligible business transaction you make on your World Card, you’ll get up to 1.2% cashback, every month.

Fewer barriers. More opportunities.

Get paid like a local

Receive funds in 20+ local currency accounts and eliminate forced conversions. Payments settle within minutes and hours.

One account for global revenue

Instead of opening and handling individual bank accounts in different countries, manage all transactions from one centralised account.

Faster access to new markets

We’ve partnered with 130+ global marketplaces – including Amazon, Etsy, TikTok Shop and AliExpress – so you can launch faster and start reaching new customers without the usual delays.

WorldFirst scales with your business

How Keababies handles payments in multiple currencies

WorldFirst is able to provide us with a multi-currency World Account, that allows us to make and collect payments in various countries and currencies on a single platform.

Ivan Ong

Founder / Keababies

How Tantex saved 70% on transaction fees by using WorldFirst

International payments used to be really cumbersome and it was also expensive. For each transaction with WorldFirst, we do save about 70% which is thousands.

Janice Tan

Director / Tantex

Saving up to $5,000 a month with WorldFirst

It gives us that flexibility to use one card across multiple currencies. We pay for all our subscription costs, our Amazonad vertising, as well as general office bills.

Georgie Kerr

Founder / Elk & Friends

The simpler way to pay and get paid

Save money, time, and have peace of mind when expanding your global business.

WorldFirst (Singapore) Merchant Services Pte. Ltd. (Company Registration No. 201735998W) (‘WorldFirst MS’) is registered in Singapore and licensed as a Major Payment Institution under the Payment Services Act 2019 with license number: No.PS20200443, by the Monetary Authority of Singapore.

‘WorldFirst MS’ registered office is located at 128 Beach Road, #20-01 Guoco Midtown, Singapore 189773.

© WorldFirst 2025, All rights reserved.

WorldFirst (Singapore) Merchant Services Pte. Ltd. (Company Registration No. 201735998W) (‘WorldFirst MS’) is registered in Singapore and licensed as a Major Payment Institution under the Payment Services Act 2019 with license number: No.PS20200443, by the Monetary Authority of Singapore.

‘WorldFirst MS’ registered office is located at 128 Beach Road, #20-01 Guoco Midtown, Singapore 189773.

© WorldFirst 2025, All rights reserved.

WorldFirst (Singapore) Merchant Services Pte. Ltd. (Company Registration No. 201735998W) (‘WorldFirst MS’) is registered in Singapore and licensed as a Major Payment Institution under the Payment Services Act 2019 with license number: No.PS20200443, by the Monetary Authority of Singapore.

‘WorldFirst MS’ registered office is located at 128 Beach Road, #20-01 Guoco Midtown, Singapore 189773.

© WorldFirst 2025, All rights reserved.