Your contractors are losing
4% on every payout.
Payoneer and most contractor platforms bury FX markups and withdrawal fees in every transaction. Toku charges one flat monthly fee — and nothing else.
The real cost of paying contractors
Based on 15 contractors × $5,000/month each. The hidden fees stack up fast.
| Toku | Payoneer | Deel Contractor | Wise | |
|---|---|---|---|---|
| Payer monthly fee | $199 | $0 | $735 ($49 × 15) | $0 |
| FX markup on $75K paid out | $0 | $1,500 (2%) | Variable ($375+) | $750 (1%) |
| Withdrawal & SWIFT fees | $0 | $1,500 (2%) | $112 ($7.50 × 15) | $0 |
| Compliance docs (W-8BEN, 1099) | Included | Add-on cost | Included | Add-on cost |
| Total monthly cost (you + contractors) | $574 | $3,000 | $1,222+ | $750+ |
| Annual all-in cost | $6,888 | $36,000 | $14,664+ | $9,000+ |
| Your team saves with Toku (vs. Payoneer) | $29,112/year | — | — | — |
Estimates based on 15 contractors at $5,000/month per contractor ($75K total monthly volume). Payoneer assumes avg 2% withdrawal fee + 2% FX markup. Deel Contractor assumes $49/contractor + variable FX. Wise assumes 1% blended FX. Total monthly cost includes payer platform fee plus all fees absorbed by your contractors. Actual results vary by currency pair and team size.
Choose your plan
- Invoice management and approval flows
- Contractor onboarding and KYC
- W-8BEN and 1099 compliance docs
- Contractor Rain Card (spend globally)
- Everything in Teams
- Bulk payment runs
- Payment reporting and audit trail
- Priority support
- Everything in Growing Teams
- Dedicated account manager
- ERP and accounting integrations
- Custom contractor onboarding flows
See it in action
Book a 20-minute demo and we’ll show you exactly what your team is overpaying — and how to fix it.
Pick a time that works for you. If the scheduler doesn't load, you can book directly on HubSpot.
Open the booking pageFees we don’t charge
Every line item your contractors won’t see on their next payout.
How Toku contractor payments work
From invoice to paid — in a single platform, with full compliance built in.
Invoice management
Contractors submit invoices through Toku. You review and approve in one click — no email back-and-forth, no spreadsheets.
Bulk payment runs
Pay all contractors in a single run. Toku handles currency conversion at the real mid-market rate — no hidden spread, no markup.
Compliance built in
W-8BEN, 1099s, and contractor KYC are handled automatically. Every plan includes full compliance docs — no add-ons required.
Toku helped us simplify our payroll and compliance processes while seamlessly implementing our token compensation program through one integrated solution.
— Finance Team, Protocol Labs
Global contractor and token compensation management