If you’ve ever tried to open a bank account for freelance income or international business, you probably know how it can go: queues, checks, verifications, requests to explain the source of funds, and sometimes – just a refusal without any explanation.
That’s why payment systems have become a real breakthrough – especially when traditional banks refuse to open accounts, impose excessive requirements, or demand physical presence in the country of registration. They allow you to receive funds quickly, in different currencies, with transparent conditions, and integration with freelance platforms, SaaS services, websites, and marketplaces. Most importantly, most of them operate online and don’t require a physical visit to an office or bank.
If you’re looking for the best payment system for freelancing, you’re in the right place. In this article, the Finevolution team, which consults IT specialists daily on connecting payment solutions, shares their experience and a comparative review of five systems: Wise, Payoneer, PaySera, Stripe, and PayPal. We know exactly how an IT specialist can receive payments from abroad, how to legally get paid for IT services, and whether a sole proprietorship (FOP) is needed to work with payment systems. We’ll show the key pros, cons, and practical aspects of using each system so you can find the answer to which payment solution is best for IT freelancers in 2025.
Quick Checklist: choosing a Payment System for an IT Specialist
| Availability | Can an individual / sole proprietor / company register? Does it work with your country / residency? |
| Currency and Account Details | Which currencies are supported? Does it provide IBAN accounts / EU and US bank details? |
| Fees | For receiving, withdrawing, converting funds Is there a monthly fee? |
| Convenience | Interface, mobile app Ability to create invoices |
| Card | Is there a virtual / physical card? Fees for withdrawals / payments |
| Reporting | Can income be easily confirmed? Does it provide statements for accounting? |
| Reliability | Is it licensed in the EU / UK / USA? Is there fast and, most importantly, live support? |
Finevolution specialists have already opened hundreds of accounts and helped IT professionals worldwide set up a stable payment infrastructure, taking into account tax, currency, and legal specifics. We know how these systems actually work and can help you choose the best solution for your business model.
