Sigma vs Hyperwallet: Clear Pricing, No Enterprise Overhead
Flat fees. USD wallets. No enterprise strings attached.
Side-by-Side on What Really Matters
Compare real costs, speed, and experience between Hyperwallet and Sigma.
Charges vary by client. No public fee list. Some platforms note 2% wire fees, monthly inactivity fees of $3/month after 90 days
$18/month per active contractor - reduced rates for teams of 20+
Exchange rates are not disclosed; typical markup ranges around 2%-3.75%.
0% FX with USD wallets; ~1% FX only if converting to local currency
Local or wire transfers may include $7.70 USD min or up to $23 or similar in fees.
$0 with USD wallet (no forced conversions)
Local deposit: ~2 business days; wire transfers: up to 5 business days.
1-2 business days, or instant with USDC. Optimized infrastructure
No wallet control; funds converted automatically via third-party integrations. Not contractor-centric UX.
Contractors hold USD wallet, choose when and how to convert
Built as enterprise integration via PayPal platforms, not mobile-first or contractor onboarding optimized. Setup varies by partner.
<15 min mobile onboarding
Support geared toward marketplaces/platforms; payees sometimes experience delays and confusion.
Fast, human-first support optimized for contractor payouts
Pain Points with Hyperwallet
What frustrates fast-moving teams and global contractors when using Hyperwallet:
Unclear pricing: Hyperwallet doesn't publish public pricing. Fees vary by platform, with reports of ~2% wire fees and $3/month inactivity charges after 90 days.
Hidden currency conversion fees: Currency exchange rates are not shown at payout. Users report losing 1.9% to 3.75% due to hidden FX markups.
High withdrawal costs: Transfer fees vary widely, with $7.70 to $23+ reported for wire withdrawals.
Slow delivery speeds: Payouts to local banks take ~2 business days; wires can take up to 5 days.
No wallet control for contractors: Funds are automatically converted or routed through platform settings-contractors don't control currency or timing.
Support can be hard to reach: Contractors have reported delays and confusion with platform-integrated support desks.
Why Sigma Wins
Key advantages that make Sigma the smarter choice for global payroll.
Flat Fees, No Surprises: $18/month per active contractor - reduced rates for teams of 20+. 0% FX on USD wallet payments; ~1% FX when currency conversion is required.
USD Wallets Built In: Contractors keep 100% of what you send - no forced conversion.
Faster Payouts, Globally: 1-2 business day transfers or instant stablecoin delivery via USDC/USDT.
Better for LATAM, Africa, Asia: Mobile-first onboarding, crypto-native infrastructure, and wallet support.
No Shutdown Surprises: Real human support helps your team stay paid - fast.
FAQ
See Common Question and Answer
Everything you need to know before switching to Sigma.
We get you to every country
From Buenos Aires to Manila, hire contractors and employees anywhere with Sigma. Read our latest insights on global hiring.
160+ countries
To hire from.
Incorporated outside of the U.S.?
International companies can also use Sigma. Book a demo to learn more.
