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Statrys description
Statrys provides international payment solutions for small and medium-sized enterprises (SMEs). Its key offering is a virtual business account based in Hong Kong, enabling businesses to manage transactions in 11 different currencies. Statrys allows users to make and receive international payments, issue company cards, and leverage advanced FX services like spot and forward orders to manage currency risk. This makes Statrys a good fit for businesses with international vendors and clients who want simplified, transparent, and cost-effective payment solutions.
Who is Statrys best for
Statrys is a Hong Kong-based virtual business account provider ideal for small to medium-sized enterprises (SMEs) conducting business globally. Users praise Statrys for its fast international payments, transparent pricing, and responsive customer support via channels like WhatsApp. However, some users mention high transaction fees for larger amounts and limited weekend availability. Statrys offers multi-currency accounts, 24/7 currency trading, and spot/forward currency orders.
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Ideal for small businesses managing international transactions.
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A good fit for internationally operating SMEs.
Statrys features
| Supported Statrys supports international payments for businesses via multiple currencies and integrations. |
| Supported Statrys supports 24/7 currency trading, except for weekends and holidays. |
| Supported Statrys supports spot and forward currency orders for managing currency risk. |
| Supported Statrys offers physical MasterCard debit cards for expenses. |
| Supported Statrys supports receiving payments in 11 currencies and sending in 18. |
Statrys reviews
We've summarised 60 Statrys reviews (Statrys TrustPilot reviews and Statrys G2 reviews) and summarised the main points below.
- Fast and efficient international payments, including SWIFT and FPS transfers.
- Excellent and responsive customer support via various channels, including WhatsApp.
- Easy-to-use platform and mobile app for managing finances and invoices.
- Transparent pricing and no hidden fees.
- Helpful and professional staff, particularly with company incorporation services.
- Streamlined onboarding process for business accounts.
- High transaction fees for larger amounts.
- Limited service availability, primarily focused on Hong Kong.
- Customer support can be occasionally unavailable.
- Mobile app and web interface have minor UI/UX issues, such as lack of push notifications and limited payment details.
- Inability to transfer funds on weekends.
- Credit card limits can be restrictive for frequent travelers.
Statrys pricing
The commentary is based on 10 reviews from Statrys G2 reviews and Statrys TrustPilot reviews.
Statrys generally receives positive feedback regarding its pricing, described as "competitive" and "fair." Some users mention "high rates" for certain transactions, while others appreciate the transparency and lack of hidden fees compared to traditional banks. A few users wish for lower costs on specific services like RMB transfers.
See the Statrys pricing page.
Hong Kong Business Account
Monthly fee is waived if there are 5 or more outgoing transfers per month.
Statrys alternatives
BILL AP/ARBetter for US-based businesses needing accounts payable and receivable features. More suitable for companies in finance, IT, or professional services. Has broader company size applicability. Growing faster than Statrys.Read more
PayoneerBetter for freelancers and online sellers with broader global reach supporting more countries and currencies. Has more website traffic momentum as a Statrys alternative and competitor.Read more
ThunesWider global reach with more supported countries and currencies. Caters to a broader range of business sizes, including enterprises. Supports mobile wallets and QR code payments. Has more momentum in terms of website traffic growth. A Statrys alternative and competitor.Read more
HitPayBetter for accepting payments online, in person, or via invoices. Caters to e-commerce businesses in the Asia-Pacific region. Simpler pricing options.Read more
VertoFXHas grown faster than Statrys and offers online payments and ACH payments. Provides virtual cards for SaaS spend management. A Statrys alternative and competitor.Read more
PayhawkBetter for larger companies. A Statrys alternative focused on expense management, bill payments, and accounting integrations. Offers broader industry applicability.Read more
Statrys FAQ
What is Statrys and what does Statrys do?
Statrys offers a Hong Kong-based virtual business account for SMEs to manage international payments. It supports transactions in multiple currencies, facilitates international transfers, issues company cards, and provides FX services like spot and forward orders. This simplifies cross-border payments and currency risk management for businesses with global vendors and clients.
How does Statrys integrate with other tools?
Statrys integrates with other platforms via API for seamless transaction processing. It also supports integrations for international payments, including SWIFT and FPS transfers, simplifying cross-border transactions. This makes managing finances and invoices efficient for businesses.
What the main competitors of Statrys?
Statrys competes with other international payment platforms like Payoneer, Thunes, and VertoFX. These platforms offer similar features such as multi-currency accounts, cross-border payments, and tools for managing international finances. Consider these alternatives if you're looking for similar solutions.
Is Statrys legit?
Statrys is a legitimate business account provider specializing in international payments. User reviews praise its fast transfers and responsive customer support. So, is Statrys safe? Yes, it appears to be a reliable option for businesses needing global payment solutions.
How much does Statrys cost?
Statrys' Hong Kong Business Account costs HKD 88 per month. This monthly fee is waived if you make five or more outgoing transfers per month, making it cost-effective for businesses with sufficient transaction volume. Statrys pricing is transparent with no hidden fees.
Is Statrys customer service good?
Based on the reviews, Statrys' customer support is generally considered excellent, with many customers praising their prompt, helpful, and professional service, especially via WhatsApp. However, some have experienced occasional unavailability.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.