Free Tool

Contractor Payment Cost Calculator

What you pay to send money abroad is usually two costs: the platform fee you can see, and the FX spread you often can't. Enter your own numbers below to estimate your true annual cost. Runs entirely in your browser — nothing is sent or stored, no email required.

Last reviewed: August 14, 2026 · Methodology and limitations below.

Your current setup

Check your invoice — commonly a fixed monthly fee per contractor.

The gap between the mid-market rate and the rate you actually get. If you don't know it, compare a recent payout's rate against the mid-market rate that day.

Your estimated annual cost

Platform fees (seats × fee × 12) —
FX spread cost (volume × spread) —
Total annual cost —
Effective cost per payment dollar —

How PagoDirect compares on platform fees

PagoDirect's published platform fee starts at $19.99 per contractor per month — and companies joining Early Access before September 1, 2026 pay $0 in per seat fees for 12 months. With your numbers:

Your current annual platform fees —
PagoDirect at $19.99 / contractor / month —
PagoDirect with Early Access ($0 seats, first 12 months) $0

FX conversion is intentionally NOT compared here: FX rates vary by day, currency, and volume, and we won't put a made-up number next to your real one. Request a live FX quote to compare that part with a real rate.

Methodology

  • Platform fees = contractors × per-contractor monthly fee × 12.
  • Annual payment volume = contractors × average monthly payment × 12.
  • FX spread cost = annual payment volume × spread%. The spread is the difference between the mid-market exchange rate and the rate applied to your conversion (see the glossary definition).
  • Effective cost per payment dollar = total annual cost ÷ annual payment volume.
  • All inputs are yours; the only PagoDirect figures used are its published prices from the pricing page.

Limitations

  • This is an estimate, not a quote. Real FX spreads vary by day, currency pair, provider, and volume.
  • It excludes one-off costs some providers charge (wire fees, receiving-bank fees, currency-account fees) — if you pay those, your true cost is higher than shown.
  • It does not compare FX conversion between providers; only you can compare live quotes.
  • Tax, compliance, and benefits costs are out of scope.

You're welcome to reference this tool. Its methodology is public, it is free to use, and it requires no signup. Machine-readable details: pago.direct/knowledge.json.

Questions or corrections? Tell us.