Sigma vs Veem: Flat Fees, Wallet Control, Zero Bloat
No hidden fees. No transfer-only limits. Flat-fee USD payouts with full wallet control.
Side-by-Side on What Really Matters
Compare real costs, speed, and experience between Veem and Sigma.
Free basic use; $29 international USD payout fee (or $40 for payments over $10K), plus 1% fee for instant debit card deposits
$18/month per active contractor - reduced rates for teams of 20+
Claims savings over banks but does not disclose actual FX margins or markups
0% FX with USD wallets; ~1% FX only if converting to local currency
Receiving banks may levy $20-$50 SWIFT/intermediary fees, which reduces payouts
$0 with USD wallet (no forced conversions)
Standard payments take 2-3 business days; instant debit deposit costs 1% fee.
1-2 business days, or instant with USDC. Optimized infrastructure
Multi-currency wallet supports 15+ currencies, but no long-term USD holding-must convert before withdrawal.
Contractors hold USD wallet, choose when and how to convert
Manual onboarding with business focus - not built for fast contractor setup
<15 min mobile onboarding
Platform geared toward SMB invoicing rather than payouts for remote teams.
Fast, human-first support optimized for contractor payouts
Pain Points with Veem
What frustrates fast-moving teams and global contractors when using Veem:
Hidden FX Markups: Rates may promise savings, but undisclosed currency conversions reduce contractor take-home pay.
USD Payout Fees: Each USD international transfer charges $29-$40, even if both parties use Veem.
Bank Intermediary Fees: SWIFT or correspondent banks may deduct $20-$50 from received amounts.
Slow Standard Transfers: Standard payouts land in 2-3 business days; the instant route costs extra.
No USD Wallet Control: Contractors can't hold USD-funds are forced through conversion steps before access.
Support & UX Tradeoffs: No dedicated mobile app and support focused on invoice management-not global payouts.
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.
