Business payments don't have to be complicated
Try Sokin and see for yourself
Sokin vs WorldFirst: The smarter global payments choice
Compare pricing, FX, currency wallets and global payment capabilities to see how Sokin and WorldFirst stack up.
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Morgan Stanley invests to become our trusted partner in growth
Recognised as one of the fastest-growing private technology companies.
Transparent FX & fees
No surprise costs
Hands on support
Local & global speed
Sokin puts Australian businesses first
Streamlined payment options
Eliminate delays. Use Visa, Mastercard, Apple Pay or Google Pay to manage your capital.
Speed where it matters most
Fast local AUD payments and global transfers designed for businesses operating internationally.
Real people, real support
Clear communication and fast resolutions from real people when your business needs support.
Why Australian businesses are choosing Sokin
Sokin is designed for finance teams that value clarity, control and operational speed in local and cross-border payments. With predictable costs, local AUD rails, and global reach, Sokin helps Australian companies scale without complexity.
Worldfirst*
Monthly fee**
No monthly fee
No monthly fee
Currency exchange fee**
Up to 0.6% for major currencies From 0.67% for minor currencies
Wholesale rate + min 0.3% - 1% depending on currency
Transfer fee**
From 0.4%, capped at AUD 15
From £5
Inbound fee
No inbound fee
No inbound fee
Local account details
🏆 20+ regions including GBP, EUR, USD
5 regions including AUD, CAD, GBP, EUR, USD
Hold and manage multiple currencies
20+
🏆 26
Countries you can send to
🏆210+
170
Earn on balances***
No
🏆 up to 3.5% on USD, GBP and EUR***
Payout currencies
🏆 100+
70+
Accounting Integrations
Xero or NetSuite
🏆 Sage, Xero, NetSuite, QuickBooks
Marketplace collections
🏆 130+
No
Payment acceptance
Via local account details
🏆 Card payments, Apple Pay and Google Pay
Disclaimer:
*WorldFirst information shown is based on publicly available AUD pricing and product details as at February 5, 2026. Fees, features, and availability may vary by country, entity type, and customer profile.
**May vary by region
*** Sokin Premium wallets and Boosts are subject availability depending on your region. Sokin reserves the right to withdraw or not offer this product to any account. Premium Wallets and the Boost functionality is only available to Sokin Business Customers who have a multi-currency account. The Interest rates outlined are correct as of 1st September 2025 and are subject to change depending on the Central Bank rate change.
*WorldFirst information shown is based on publicly available AUD pricing and product details as at February 5, 2026. Fees, features, and availability may vary by country, entity type, and customer profile.
**May vary by region
*** Sokin Premium wallets and Boosts are subject availability depending on your region. Sokin reserves the right to withdraw or not offer this product to any account. Premium Wallets and the Boost functionality is only available to Sokin Business Customers who have a multi-currency account. The Interest rates outlined are correct as of 1st September 2025 and are subject to change depending on the Central Bank rate change.
Compare the landscape
Every global payments partner offers something different. Explore our comprehensive blog to ensure you have the agility and reach your business demands.
3 reasons to consider Sokin over WorldFirst
- Forecast with confidenceClear FX and transparent fees designed to avoid hidden spreads and unexpected cost variation.
- Domestic & global payments in one place Manage AUD payouts and international transfers from the same platform, with accounting platform integrations.
- Built for control and trustEnterprise-grade controls, segregated client funds, and institutional backing from Morgan Stanley to support global payment operations with confidence.
All the currencies you need.
At our best rates, guaranteed.
cad
aed
gbp
usd
dkk
sgd
hkd
aud
bgn
cad
aed
gbp
usd
dkk
sgd
hkd
aud
bgn
chf
cnh
eur
huf
jod
jpy
mxn
nzd
pln
chf
cnh
eur
huf
jod
jpy
mxn
nzd
pln
ron
rsd
sar
sek
tnd
all
aoa
brl
egp
cad
aed
gbp
usd
dkk
sgd
hkd
aud
bgn
myr
ngn
zar
nok
try
krw
inr
chf
cnh
eur
huf
jod
jpy
mxn
nzd
pln
See our real impact
70+
payout currencies
170
Countries you can send to
$8B
payment volume processed
Products we offer
Multi-currency Accounts
Receive funds in 26 currency accounts across local and multi-currency accounts.
FX & Payments
Send fast international payments to over 170 countries in 70+ currencies.
Balance boost
Switch on your Boost to earn upto 3.5% AER on unlimited USD, EUR and GBP balances.
Payment gateway
Ecommerce payment gateway that supports your domestic & international customer base.
Accounting integrations
Connect directly with your existing ERP and accounting platforms to fuel efficiency.
Questions and Answers
How does Sokin's pricing compare to WorldFirst in Australia?
Both platforms offer no monthly fees. WorldFirst applies FX pricing that varies by currency type, while Sokin focuses on transparent, predictable pricing structures designed to support forecasting as payment volumes increase.
Can both platforms support local AUD payments?
Yes. WorldFirst supports AUD payments, and Sokin enables efficient local AUD payouts using Australia's New PaymentsPlatform (NPP), including for businesses operating outside Australia.
Which platform offers broader global reach?
WorldFirst supports payments to more countries overall, while Sokin focuses on balancing global reach with predictable costs, payment control and finance-team-led workflows.
Do either Sokin or WorldFirst offer earnings on balances?
WorldFirst does not offer earnings on balances. Sokin offers the ability to earn on eligible balances, subject to availability and product terms.
