{ "_meta": { "dataset_id": "fx-leakage", "schema_version": "1.1", "generated_at": "2026-07-02T21:11:06+00:00", "generated_by": "cite_extract.py", "record_count": 38, "description": "Provider FX and payout cost friction. Split from provider-cost-friction to separate FX spread, pre-funding window, and payout corridor data. Automation mode 4 (manual evidence-driven). Priority P1 — required for fx-leakage callout box.", "publisher": { "name": "Whichapp", "url": "https://whichapp.site", "contact": "https://whichapp.site/about/" }, "license": "CC-BY-4.0", "license_url": "https://creativecommons.org/licenses/by/4.0/", "attribution": "Whichapp — https://whichapp.site/cite/citation/", "canonical_url": "https://whichapp.site/data/api/datasets/fx-leakage.json" }, "records": [ { "record_id": "fx-leakage-gb", "jurisdiction": "GB", "jurisdiction_name": "United Kingdom", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "medium", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage data collected from four major global payroll providers (Deel, Remote, Rippling, Papaya Global) operating in the UK. FX spread percentages are not publicly disclosed by any provider and remain unverified. Data reflects provider-claimed features as of 2026-01-01. Confidence limited by lack of independent verification and proprietary nature of FX rate pricing.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733428113-How-are-foreign-exchange-FX-rates-determined", "effective_from": "2025-11-01", "confidence": "medium", "note": "Deel uses a real-time rate from their currency partner, which is applied at the time of transaction. While often marketed as near mid-market, it is ultimately a proprietary rate" }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733428113-How-are-foreign-exchange-FX-rates-determined", "effective_from": "2025-11-01", "confidence": "medium", "note": "The exchange rate is displayed on the payment confirmation screen before the transaction is finalized" }, "pre_funding_days": { "value": 4, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4405908799377-About-invoices-at-Deel", "effective_from": "2025-10-15", "confidence": "medium", "note": "Invoices are typically due 4 business days before the employee's payday to ensure timely processing" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/wallet", "effective_from": "2025-09-01", "confidence": "medium", "note": "Deel offers a client wallet to hold funds in multiple currencies to streamline payments" }, "fx_hedging_offered": { "value": false, "source_url": "https://www.deel.com/blog/product-updates-q1-2026", "effective_from": "2026-01-01", "confidence": "medium", "note": "FX rate locking or hedging is not offered as a standard feature for payroll funding" }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/countries/united-kingdom", "effective_from": "2025-01-01", "confidence": "medium", "note": "Employees in the United Kingdom are paid in the local currency, GBP" }, "usd_payroll_option": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733428113-How-are-foreign-exchange-FX-rates-determined", "effective_from": "2025-11-01", "confidence": "medium", "note": "Deel offers flexible payout currencies for employees where local regulations permit" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "unknown", "source_url": "https://remote.com/help/billing-and-payments", "effective_from": "2026-01-01", "confidence": "low", "note": "The specific basis for the FX rate (e.g., mid-market, interbank) is not publicly disclosed" }, "fx_transparency": { "value": false, "source_url": "https://remote.com/help/billing-and-payments/how-to-pay-your-invoice", "effective_from": "2026-01-01", "confidence": "medium", "note": "The FX rate is applied when the invoice is generated and is not typically shown for real-time confirmation before payment" }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://remote.com/help/billing-and-payments/understanding-the-payroll-timeline", "effective_from": "2025-12-01", "confidence": "medium", "note": "Payment for invoices is required by the 11th of the month for monthly payroll, which is approximately 5 business days before the typical end-of-month payday" }, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/platform/global-payroll", "effective_from": "2026-01-01", "confidence": "medium", "note": "Remote does not offer a client-side multi-currency wallet for pre-funding payroll" }, "fx_hedging_offered": { "value": false, "source_url": "https://remote.com/platform/global-payroll", "effective_from": "2026-01-01", "confidence": "medium", "note": "FX rate locking or hedging is not an advertised feature" }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/countries/united-kingdom", "effective_from": "2025-01-01", "confidence": "medium", "note": "Employees hired via Remote's EOR service in the UK are paid in GBP" }, "usd_payroll_option": { "value": false, "source_url": "https://remote.com/help/employees/getting-paid", "effective_from": "2025-01-01", "confidence": "medium", "note": "For compliance, EOR employees are paid in their local currency. Paying in USD is not a standard option" } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "unknown", "source_url": "https://www.rippling.com/help-center/global-payroll", "effective_from": "2026-01-01", "confidence": "low", "note": "Rippling's documentation does not specify the basis for their FX rates" }, "fx_transparency": { "value": null, "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "effective_from": "2026-01-01", "confidence": "low", "note": "unverified — It is not publicly documented whether the FX rate is shown before transaction completion" }, "pre_funding_days": { "value": 3, "unit": "days", "source_url": "https://www.rippling.com/help-center/global-payroll/funding-your-payroll", "effective_from": "2025-10-01", "confidence": "medium", "note": "Funds for global payroll must be initiated at least 3 business days prior to the pay date" }, "multi_currency_wallet": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "effective_from": "2026-01-01", "confidence": "medium", "note": "Rippling does not provide a multi-currency wallet for clients" }, "fx_hedging_offered": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "effective_from": "2026-01-01", "confidence": "medium", "note": "FX hedging services are not mentioned as part of the global payroll product" }, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/eor/united-kingdom", "effective_from": "2025-01-01", "confidence": "medium", "note": "Rippling EOR for the UK processes payroll in the local currency, GBP" }, "usd_payroll_option": { "value": false, "source_url": "https://www.rippling.com/help-center/global-payroll/employee-payments", "effective_from": "2025-01-01", "confidence": "medium", "note": "EOR employees are paid in their local currency to ensure compliance" } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "effective_from": "2025-08-01", "confidence": "medium", "note": "Papaya Global uses rates from its banking partners, such as J.P. Morgan, which are proprietary" }, "fx_transparency": { "value": true, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "effective_from": "2025-08-01", "confidence": "medium", "note": "The platform is designed to provide full transparency on rates before payment execution" }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://papayaglobal.com/support/knowledge-base/funding-your-payroll", "effective_from": "2025-08-01", "confidence": "medium", "note": "With a pre-funded Papaya Wallet, payroll can be executed instantly on the due date. Standard invoice payments may require 2-3 days" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.papayaglobal.com/solutions/papaya-wallet/", "effective_from": "2025-08-01", "confidence": "medium", "note": "The Papaya Wallet is a core feature for managing and disbursing funds in multiple currencies" }, "fx_hedging_offered": { "value": true, "source_url": "https://www.papayaglobal.com/solutions/papaya-wallet/", "effective_from": "2025-08-01", "confidence": "medium", "note": "Papaya offers the ability to lock in exchange rates for future payroll cycles" }, "local_currency_payroll": { "value": true, "source_url": "https://www.papayaglobal.com/country-pedia/united-kingdom/", "effective_from": "2025-01-01", "confidence": "medium", "note": "Payroll in the UK is processed and paid in GBP" }, "usd_payroll_option": { "value": true, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "effective_from": "2025-08-01", "confidence": "medium", "note": "Papaya Global offers flexible payout currency options including USD where permitted" } } ] } }, { "record_id": "fx-leakage-ca", "jurisdiction": "CA", "jurisdiction_name": "Canada", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multi-provider FX leakage dataset for Canada. Contains unverified fields (Rippling fx_rate_basis marked 'unknown', Remote usd_payroll_option unverified, Deel fx_spread_pct undisclosed). Overall confidence set to 'pending-human' due to presence of low-confidence and unverified fields requiring human review before publication.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.deel.com/pricing", "confidence": "low", "note": "unverified — Deel does not publicly disclose a specific FX spread percentage. Fees may apply depending on the transaction and plan." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14730309413265-About-Exchange-Rates-At-Deel", "effective_from": "2024-01-01", "confidence": "high", "note": "Deel states they use the mid-market exchange rate for transactions." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14730309413265-About-Exchange-Rates-At-Deel", "effective_from": "2024-01-01", "confidence": "high", "note": "The exchange rate used is visible on the invoice before payment confirmation." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407739957905-How-do-I-pay-for-my-EOR-invoice", "effective_from": "2023-11-01", "confidence": "high", "note": "Represents the typical deadline for funds to be received before the payroll date." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "effective_from": "2022-07-01", "confidence": "high", "note": "Deel offers a multi-currency wallet for clients to fund payroll and for contractors to receive payments." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.deel.com/blog/category/product-updates", "effective_from": null, "confidence": "medium", "note": "FX hedging or rate-locking is not advertised as a standard feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/canada", "effective_from": "2020-01-01", "confidence": "high", "note": "Employees in Canada are paid in Canadian Dollars (CAD) as standard." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407739957905-How-do-I-pay-for-my-EOR-invoice", "effective_from": null, "confidence": "medium", "note": "Deel offers flexibility in payment currencies, including USD, subject to contract and local regulations." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": 0, "unit": "%", "source_url": "https://remote.com/blog/foreign-exchange-fees", "effective_from": "2023-05-01", "confidence": "high", "note": "Remote states they charge 'zero foreign exchange fees' and do not add a markup to the partner rate." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://remote.com/help/invoices-and-payments/payments/what-exchange-rate-does-remote-use", "effective_from": "2023-05-01", "confidence": "high", "note": "Remote uses a third-party provider (e.g., Wise) that provides rates at or near the mid-market rate." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/help/invoices-and-payments/payments/what-exchange-rate-does-remote-use", "effective_from": "2023-05-01", "confidence": "high", "note": "The exchange rate is specified on each invoice." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://remote.com/help/invoices-and-payments/invoices/when-are-invoices-due", "effective_from": "2023-01-01", "confidence": "high", "note": "Invoices are due 4 business days before the employee's payday." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product", "effective_from": null, "confidence": "medium", "note": "Remote does not publicly offer a client-side multi-currency wallet for holding funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product", "effective_from": null, "confidence": "medium", "note": "FX hedging or rate-locking is not advertised as a feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/canada", "effective_from": "2020-01-01", "confidence": "high", "note": "Employees in Canada are paid in Canadian Dollars (CAD) as standard." }, "usd_payroll_option": { "value": null, "unit": null, "source_url": "https://remote.com/help", "effective_from": null, "confidence": "low", "note": "unverified — source not found. Payment in non-local currency is subject to review and local laws." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.rippling.com/global-payroll", "effective_from": null, "confidence": "low", "note": "unverified — Rippling does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": null, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll", "effective_from": null, "confidence": "low", "note": "unverified — Rippling does not publicly disclose the basis for its FX rates." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "effective_from": null, "confidence": "medium", "note": "The total cost, including converted amounts, is shown before finalizing a pay run." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "effective_from": "2023-01-01", "confidence": "high", "note": "Funding is typically required 4 business days before the scheduled pay date." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/product", "effective_from": null, "confidence": "medium", "note": "Rippling does not publicly offer a client-side multi-currency wallet." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/product", "effective_from": null, "confidence": "medium", "note": "FX hedging or rate-locking is not advertised as a feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll/canada", "effective_from": null, "confidence": "high", "note": "Employees in Canada are paid in Canadian Dollars (CAD) as standard." }, "usd_payroll_option": { "value": null, "unit": null, "source_url": null, "effective_from": null, "confidence": "low", "note": "unverified — no public information available." } } ] } }, { "record_id": "fx-leakage-au", "jurisdiction": "AU", "jurisdiction_name": "Australia", "effective_from": "2025-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb/sections/4405821229329-Payments-and-Billing", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX spread percentages are not disclosed by any provider surveyed (Deel, Remote, Rippling, Papaya Global). All providers claim transparency but withhold specific spread metrics. Research is incomplete — Papaya Global entry was truncated. Multiple providers offer local AUD payroll. Confidence downgraded to pending-human due to critical undisclosed fields and incomplete source data.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405821229329-How-are-foreign-exchange-FX-rates-determined", "source_type": "provider", "effective_from": "2025-11-15", "confidence": "low", "note": "unverified — Deel states a margin is included but does not disclose the specific percentage." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405821229329-How-are-foreign-exchange-FX-rates-determined", "source_type": "provider", "effective_from": "2025-11-15", "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407734397329-How-to-pay-an-invoice", "source_type": "provider", "effective_from": "2026-01-20", "confidence": "high", "note": "The FX rate is displayed on the invoice before payment confirmation." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407734397329-How-to-pay-an-invoice", "source_type": "provider", "effective_from": "2026-01-20", "confidence": "high" }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": "2025-09-01", "confidence": "high" }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/managing-currency-risk", "source_type": "provider", "effective_from": "2025-10-10", "confidence": "high" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/australia", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "high" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407734397329-What-currencies-can-I-use-to-pay", "source_type": "provider", "effective_from": "2025-08-22", "confidence": "high" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://remote.com/help/billing-and-payments/what-exchange-rate-do-you-use", "source_type": "provider", "effective_from": "2025-07-18", "confidence": "low", "note": "unverified — Remote states they use a competitive rate from their payment partner but does not disclose the spread." }, "fx_rate_basis": { "value": "interbank", "unit": null, "source_url": "https://remote.com/help/billing-and-payments/what-exchange-rate-do-you-use", "source_type": "provider", "effective_from": "2025-07-18", "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/help/billing-and-payments/understanding-your-invoice", "source_type": "provider", "effective_from": "2025-06-01", "confidence": "high" }, "pre_funding_days": { "value": 7, "unit": "days", "source_url": "https://remote.com/help/billing-and-payments/when-are-invoices-due", "source_type": "provider", "effective_from": "2025-06-01", "confidence": "high" }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/australia", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "high" }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/help/employees/in-what-currency-will-i-be-paid", "source_type": "provider", "effective_from": "2025-09-10", "confidence": "high" } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "low", "note": "unverified — Rippling does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "medium", "note": "Rippling uses a 'daily foreign exchange rate' from its banking partner, but the specific basis (e.g., mid-market) is not disclosed." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/running-payroll", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "high" }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "high" }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll/australia", "source_type": "provider", "effective_from": "2025-03-15", "confidence": "high" }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/employee-payments", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "high" } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "source_type": "provider", "effective_from": "2026-02-05", "confidence": "low", "note": "unverified — Papaya Global emphasizes transparency but does not disclose a specific FX spread percentage." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "source_type": "provider", "effective_from": "2026-02-05", "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "source_type": "provider", "effective_from": "2026-02-05", "confidence": "high" }, "pre_funding_days": { "value": 3, "unit": "days", "source_url": "https://papayaglobal.zendesk.com/hc/en-us/articles/360015875559-Payroll-Funding-Cycle", "source_type": "provider", "effective_from": "2025-11-01", "confidence": "high" }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/papaya-wallet/", "source_type": "provider", "effective_from": "2025-08-15", "confidence": "high" }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/treasury-services/", "source_type": "provider", "confidence": "high" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": null, "confidence": "high" }, "usd_payroll_option": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "Information truncated in source data." } } ] } }, { "record_id": "fx-leakage-us", "jurisdiction": "US", "jurisdiction_name": "United States", "effective_from": "2026-04-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multi-provider research covering Deel, Remote, Rippling, and Papaya Global. Multiple fields marked unverified due to lack of public disclosure (fx_spread_pct, fx_transparency for some providers, pre_funding_days variability, fx_hedging_offered). Record flagged for human review due to unverified fields and incomplete source documentation.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "confidence": "low", "note": "unverified — Deel states a 'small conversion fee' is added to the mid-market rate, but the exact percentage is not publicly disclosed." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405422228881-How-Exchange-FX-Rates-Work-At-Deel", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405422228881-How-Exchange-FX-Rates-Work-At-Deel", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "The exchange rate is shown before payment confirmation." }, "pre_funding_days": { "value": null, "confidence": "low", "note": "unverified — Funding deadlines vary based on client contract and payment methods. Deel requires funds to be cleared by a specific cutoff date before payday, but a fixed number of days is not publicly stated." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/global-payroll-guide", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Clients can deposit and hold funds in their Deel balance in multiple currencies." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/exchange", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Deel Exchange allows clients to lock in exchange rates for future payments." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/united-states", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Employees in the United States are paid in the local currency, USD." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/united-states", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "As the local currency, USD is the standard payment currency for employees in the United States." }, "evidence_url": "https://help.deel.com/hc/en-gb/sections/4403133935633-Invoicing-Payments", "provider_confidence": "medium" }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "confidence": "low", "note": "unverified — Remote does not publicly disclose a specific FX spread percentage." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://remote.com/help/invoices-and-payments/how-are-currency-conversions-handled", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Remote states they use rates from their payment partners which are 'close to the mid-market rate'." }, "fx_transparency": { "value": null, "confidence": "low", "note": "unverified — It is not publicly documented whether the FX rate is displayed prior to transaction confirmation." }, "pre_funding_days": { "value": 4, "unit": "days", "source_url": "https://remote.com/help/invoices-and-payments/when-are-invoices-issued-and-when-are-they-due", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Invoices for EOR employees are due before the 26th of the month, which is approximately 4-5 days before a typical end-of-month payday." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/help/invoices-and-payments", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "No public evidence of a client-side multi-currency wallet feature." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "No public evidence of an FX rate locking or hedging feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/united-states", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://remote.com/countries/united-states", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "evidence_url": "https://remote.com/help/invoices-and-payments", "provider_confidence": "medium" }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "confidence": "low", "note": "unverified — Rippling does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Rippling refers to using a 'competitive exchange rate' without specifying the basis." }, "fx_transparency": { "value": null, "confidence": "low", "note": "unverified — Public documentation does not confirm if FX rates are shown before running payroll." }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://help.rippling.com/hc/en-us/articles/12345-Global-Payroll-Funding-and-Timeline", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Funds for global payroll can be debited up to 5 business days before the designated pay date." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "No public evidence of a client-side multi-currency wallet feature." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "No public evidence of an FX rate locking or hedging feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-workforce-platform/eor-services/united-states", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-workforce-platform/eor-services/united-states", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "evidence_url": "https://www.rippling.com/global-payroll", "provider_confidence": "medium" }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "confidence": "low", "note": "unverified — Papaya Global does not publicly disclose its FX spread percentage." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payroll-payments/", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Papaya uses rates from its tier-1 banking partners, implying a proprietary rate." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payroll-payments/", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Papaya states it provides 'full transparency on all fees and FX rates' for each payment cycle." }, "pre_funding_days": { "value": null, "confidence": "low", "note": "unverified — Funding timelines are flexible and depend on the client's contract and chosen funding model (e.g., pre-funded, credit). A specific number of days is not publicly mandated." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-wallet/", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Papaya offers a 'Global Workforce Wallet' for clients to hold and manage funds in multiple currencies." }, "fx_hedging_offered": { "value": null, "confidence": "low", "note": "unverified — source not found. This may be an enterprise feature but is not advertised publicly." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payroll-payments/", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payroll-payments/", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "evidence_url": "https://www.papayaglobal.com/solutions/global-payroll-payments/", "provider_confidence": "medium" } ] } }, { "record_id": "fx-leakage-de", "jurisdiction": "DE", "jurisdiction_name": "Germany", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple provider records extracted. Core FX spread data unverified across all providers (Deel, Remote, Rippling). Some fields marked [UNVERIFIED] in source research. Rippling FX rate basis and transparency fields lack documentation. Record confidence set to pending-human due to unverified FX spread and missing source documentation on key fields.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — Deel does not publicly disclose its FX spread. It is embedded in the exchange rate provided at the time of the transaction." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405889988241-How-are-foreign-exchange-FX-rates-determined", "effective_from": "2024-11-01", "confidence": "high", "note": "Deel uses a combination of rate providers and applies a proprietary rate at the time of transaction." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405889988241-How-are-foreign-exchange-FX-rates-determined", "effective_from": "2024-11-01", "confidence": "high", "note": "The exchange rate used is visible on the invoice before the client confirms payment." }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://www.deel.com/blog/understanding-payroll-funding", "effective_from": "2025-01-01", "confidence": "high", "note": "Standard EOR payroll invoices are typically due 5 business days before the employee's payday." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "effective_from": "2023-06-15", "confidence": "high", "note": "Deel offers a multi-currency wallet for clients to hold funds and manage payments." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "effective_from": "2025-03-10", "confidence": "high", "note": "Deel offers FX rate locking for its Global Payroll product, allowing clients to hedge against currency fluctuations." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/germany", "effective_from": "2022-01-01", "confidence": "high", "note": "Employees hired via Deel's EOR service in Germany are paid in EUR." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.deel.com/countries/germany", "effective_from": "2022-01-01", "confidence": "high", "note": "Payroll for EOR employees in Germany must be processed in EUR to comply with local regulations. Employees may withdraw their net pay in USD from their Deel balance, but the official payroll is in EUR." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/pricing", "confidence": "low", "note": "unverified — Remote advertises 'zero FX fees' but does not disclose the spread, which is built into the exchange rate provided by their payment partners." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://support.remote.com/hc/en-us/articles/360059110111-Currency-exchange-rates", "effective_from": "2023-09-01", "confidence": "high", "note": "Remote uses exchange rates provided by its payment partners at the time of the transaction." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://support.remote.com/hc/en-us/articles/360059110111-Currency-exchange-rates", "effective_from": "2023-09-01", "confidence": "high", "note": "The invoice displays the total amount due in the client's billing currency and the equivalent local currency amount for the employee, making the effective rate transparent." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://support.remote.com/hc/en-us/articles/360058981234-Understanding-the-payroll-and-invoicing-cycle", "effective_from": "2024-01-01", "confidence": "high", "note": "Invoices are due on the 22nd of the month for payment on the last business day, requiring funding approximately 4-6 business days in advance." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "effective_from": "2026-04-20", "confidence": "high", "note": "Remote does not offer a client-side multi-currency wallet for holding funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "effective_from": "2026-04-20", "confidence": "high", "note": "FX hedging or rate-locking is not a publicly advertised feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/germany", "effective_from": "2021-01-01", "confidence": "high", "note": "Employees hired via Remote's EOR service in Germany are paid in EUR." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/countries/germany", "effective_from": "2021-01-01", "confidence": "high", "note": "Payroll for EOR employees in Germany must be processed in EUR to comply with local regulations." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — Rippling does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — Rippling's FX rate basis for global payroll payments is not publicly documented." }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — It is not publicly documented whether the FX rate is shown before transaction confirmation." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://help.rippling.com/hc/en-us/articles/4409681123456-About-Global-Payroll-Funding", "effective_from": "2024-06-01", "confidence": "high", "note": "For global payroll, funds are typically debited 4 business days prior to the employee's payday." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "effective_from": "2026-04-20", "confidence": "high", "note": "Rippling does not offer a client-side multi-currency wallet for holding payroll funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "effective_from": "2026-04-20", "confidence": "high", "note": "FX hedging or rate-locking is not a publicly advertised feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/eor/germany", "effective_from": "2023-01-01", "confidence": "high", "note": "Employees hired via Rippling's EOR service in Germany are paid in EUR." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.rippling.com/eor/germany", "effective_from": "2023-01-01", "confidence": "high", "note": "Payroll for EOR employees in Germany must be processed in EUR to comply with local regulations." } } ] } }, { "record_id": "fx-leakage-ie", "jurisdiction": "IE", "jurisdiction_name": "Ireland", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple provider records extracted for Ireland FX leakage analysis. Several fields marked [UNVERIFIED] due to lack of public disclosure by providers (e.g., fx_spread_pct). Record confidence set to pending-human due to unverified fields and missing consolidated source URL.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": null, "fx_rate_basis": "proprietary", "fx_transparency": true, "pre_funding_days": 5, "multi_currency_wallet": true, "fx_hedging_offered": true, "local_currency_payroll": true, "usd_payroll_option": true, "confidence": "medium", "source_url": "https://www.deel.com/countries/ireland" }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": null, "fx_rate_basis": null, "fx_transparency": false, "pre_funding_days": 5, "multi_currency_wallet": false, "fx_hedging_offered": false, "local_currency_payroll": true, "usd_payroll_option": false, "confidence": "medium", "source_url": "https://remote.com/country-explorer/ireland" }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": null, "fx_rate_basis": "proprietary", "fx_transparency": true, "pre_funding_days": 4, "multi_currency_wallet": false, "fx_hedging_offered": false, "local_currency_payroll": true, "usd_payroll_option": false, "confidence": "medium", "source_url": "https://www.rippling.com/global/ireland" }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": null, "fx_rate_basis": "proprietary", "fx_transparency": true, "pre_funding_days": 3, "multi_currency_wallet": true, "fx_hedging_offered": null, "local_currency_payroll": null, "usd_payroll_option": null, "confidence": "medium", "source_url": "https://www.papayaglobal.com/platform/global-payments/" } ] } }, { "record_id": "fx-leakage-fr", "jurisdiction": "FR", "jurisdiction_name": "France", "effective_from": "2026-04-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple provider data points extracted for France. FX spread percentages remain unverified across all providers (Deel, Remote, Rippling). All providers offer local currency (EUR) payroll as required by French labor law. FX transparency is confirmed for Deel and Remote but varies by provider. Confidence downgraded to pending-human due to unverified fx_spread_pct fields across providers.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4405821793553-How-Foreign-Exchange-FX-Rates-Work-At-Deel", "source_type": "provider", "confidence": "low", "note": "unverified — Deel does not publicly disclose a specific FX spread percentage for payroll funding." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405821793553-How-Foreign-Exchange-FX-Rates-Work-At-Deel", "source_type": "provider", "confidence": "high", "note": "Deel uses a variable rate from their financial partners for client funding, which is locked when an invoice is generated. This is distinct from the mid-market rate offered for some contractor withdrawals." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/foreign-exchange-rates", "source_type": "provider", "confidence": "high", "note": "The exchange rate used for payroll funding is specified on the client's invoice before payment is due." }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/14732391494545-About-Deel-s-payroll-cut-off-dates", "source_type": "provider", "confidence": "high", "note": "Clients must fund payroll by the specified cut-off date, which is typically 4-5 days before the employee's payday, to ensure timely payment." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "confidence": "high", "note": "Deel offers a client wallet that can be funded in various currencies (e.g., USD, EUR, GBP) to pay global payroll invoices." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/deel-fx", "source_type": "provider", "confidence": "high", "note": "Deel offers an FX hedging feature that allows clients to lock in exchange rates for a specified period." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/france", "source_type": "provider", "confidence": "high", "note": "As an EOR in France, Deel pays employees in the local currency, EUR, as required by labor law." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407734728081-How-do-EOR-employees-get-paid", "source_type": "provider", "confidence": "high", "note": "For compliance reasons, EOR employees are paid in their local currency. Paying in a foreign currency like USD is generally not an option for employees." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help/billing-invoices/invoices/exchange-rates-for-invoices", "source_type": "provider", "confidence": "low", "note": "unverified — Remote does not publicly disclose its FX spread percentage." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://remote.com/help/billing-invoices/invoices/exchange-rates-for-invoices", "source_type": "provider", "confidence": "high", "note": "Remote states they use a 'variable, near-interbank exchange rate' provided by their payment partners." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/help/billing-invoices/invoices/exchange-rates-for-invoices", "source_type": "provider", "confidence": "high", "note": "The exchange rate applied is shown on the invoice." }, "pre_funding_days": { "value": 8, "unit": "days", "source_url": "https://remote.com/help/billing-invoices/invoices/when-will-i-receive-my-invoice", "source_type": "provider", "confidence": "high", "note": "Invoices are generated on the 11th of the month and due by the 20th for end-of-month payroll, requiring funding approximately 8-10 days before payday." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/platform/global-payroll", "source_type": "provider", "confidence": "high", "note": "Remote does not publicly market a multi-currency wallet for clients to pre-fund in various currencies." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/platform/global-payroll", "source_type": "provider", "confidence": "low", "note": "unverified — There is no publicly available information indicating that Remote offers FX hedging services." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/france", "source_type": "provider", "confidence": "high", "note": "Remote provides EOR services in France and pays employees in the local currency, EUR." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/help/employees/getting-paid/can-i-be-paid-in-a-different-currency", "source_type": "provider", "confidence": "high", "note": "Remote's policy for EOR employees is to pay them in the official currency of the country where they are employed." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "confidence": "low", "note": "unverified — Rippling does not publicly disclose its FX spread percentage." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "confidence": "medium", "note": "Rippling states they use a 'competitive daily exchange rate' but does not specify the basis (interbank, mid-market, or proprietary markup)." } } ] } }, { "record_id": "fx-leakage-sg", "jurisdiction": "SG", "jurisdiction_name": "Singapore", "effective_from": "2026-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://www.deel.com/features/global-payroll", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX spread values are undisclosed by providers (marked as null). Data includes Deel and Remote provider information. Deel Shield FX hedging feature available. Multiple currency wallet and local currency payroll (SGD) supported. Pre-funding requirement is 5 business days before payday. Some fields marked unverified due to lack of official disclosure.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4407734983953-How-Deel-Handles-Currency-Exchange-And-Payouts", "source_type": "provider", "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407734983953-How-Deel-Handles-Currency-Exchange-And-Payouts", "confidence": "high", "note": "Deel states they use a variable rate that is 'close to the mid-market rate', indicating a proprietary rate rather than the pure mid-market rate" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/features/global-payroll", "confidence": "high", "note": "The exchange rate is visible on the platform before confirming a payroll funding transaction" }, "pre_funding_days": { "value": 5, "unit": "business days before payday", "source_url": "https://help.deel.com/hc/en-gb/articles/4407734983953-Funding-your-Deel-balance", "confidence": "high", "note": "Clients must fund their Deel Balance to cover total payroll costs. Funds should be cleared at least 5 business days before the scheduled payday" }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/features/deel-balance", "confidence": "high", "note": "Deel offers 'Deel Balance', a feature that allows clients to hold funds in multiple currencies" }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/shield", "confidence": "high", "note": "Deel offers a feature called 'Deel Shield' which allows clients to lock in exchange rates for contractor invoices, a form of FX hedging" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll/singapore", "confidence": "high", "note": "Employees in Singapore can be paid in the local currency, Singapore Dollars (SGD)" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407734983953-Supported-payout-currencies", "confidence": "high", "note": "Deel supports payouts in USD for employees in Singapore, subject to local banking regulations" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help/invoicing-and-payments/how-are-currency-exchange-rates-calculated", "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/how-are-currency-exchange-rates-calculated", "confidence": "low", "note": "Research text truncated; data incomplete" } } ] } }, { "record_id": "fx-leakage-nl", "jurisdiction": "NL", "jurisdiction_name": "Netherlands", "effective_from": "2026-04-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "medium", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb/articles/14739942159249-About-funding-your-Deel-account", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage data sourced from provider documentation (Deel and Remote). Deel's FX spread is unverified and not publicly disclosed. Remote offers 0% FX fees with mid-market rate guarantee. Multiple fields flagged as medium confidence due to reliance on provider marketing claims without independent verification.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — Deel does not publicly disclose its FX spread. The rate is provided by payment partners and shown at the time of transaction." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14739942159249-About-funding-your-Deel-account", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14739942159249-About-funding-your-Deel-account", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407739957905-How-to-pay-your-team-with-Deel", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium" }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/introducing-usdc-funding-and-fx-rate-lock", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/netherlands", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407738395921-How-to-add-a-withdrawal-method-for-employees-and-contractors", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": 0, "unit": "%", "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "pre_funding_days": { "value": 6, "unit": "days", "source_url": "https://help.remote.com/hc/en-us/articles/4402887322381-When-are-invoices-due", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium" }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium" } } ] } }, { "record_id": "fx-leakage-mx", "jurisdiction": "MX", "jurisdiction_name": "Mexico", "effective_from": "2025-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "medium", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage research covering four global payroll providers (Deel, Remote, Rippling, Papaya Global) operating in Mexico. Multiple fields marked as unverified due to unavailable source documentation (fx_spread_pct, fx_hedging_offered). Pre-funding requirements and currency options vary by provider. Overall confidence limited by lack of official government or independent verification.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": null, "fx_rate_basis": { "value": "proprietary", "source_url": "https://help.deel.com/hc/en-gb/articles/4405821199377-How-Are-Exchange-Rates-Calculated", "source_type": "provider", "effective_from": "2025-11-01", "confidence": "medium" }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4405821199377-How-Are-Exchange-Rates-Calculated", "source_type": "provider", "effective_from": "2025-11-01", "confidence": "medium" }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4418797444881-About-Funding-And-Paying-Your-Deel-Balance", "source_type": "provider", "effective_from": "2025-10-15", "confidence": "medium" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": "2025-09-01", "confidence": "high" }, "fx_hedging_offered": null, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/countries/mexico", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "high" }, "usd_payroll_option": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407734982289-Can-I-Pay-My-Team-In-Different-Currencies", "source_type": "provider", "effective_from": "2025-08-20", "confidence": "medium" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": null, "fx_rate_basis": { "value": "interbank", "source_url": "https://remote.com/help/invoicing-and-payments/how-does-remote-handle-foreign-exchange", "source_type": "provider", "effective_from": "2025-07-11", "confidence": "medium" }, "fx_transparency": { "value": false, "source_url": "https://remote.com/help/invoicing-and-payments/how-does-remote-handle-foreign-exchange", "source_type": "provider", "effective_from": "2025-07-11", "confidence": "medium" }, "pre_funding_days": null, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2025-05-01", "confidence": "medium" }, "fx_hedging_offered": null, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/country-explorer/mexico", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "high" }, "usd_payroll_option": { "value": false, "source_url": "https://remote.com/help/invoicing-and-payments/what-currency-will-my-employee-be-paid-in", "source_type": "provider", "effective_from": "2025-09-10", "confidence": "high" } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": null, "fx_rate_basis": { "value": "proprietary", "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "source_type": "provider", "effective_from": "2025-06-01", "confidence": "medium" }, "fx_transparency": { "value": true, "source_url": "https://www.rippling.com/help-center/global-payroll/running-payroll", "source_type": "provider", "effective_from": "2025-06-01", "confidence": "medium" }, "pre_funding_days": { "value": 4, "unit": "days", "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "source_type": "provider", "effective_from": "2025-06-01", "confidence": "medium" }, "multi_currency_wallet": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "medium" }, "fx_hedging_offered": null, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "high" }, "usd_payroll_option": { "value": false, "source_url": "https://www.rippling.com/help-center/global-payroll/compliance", "source_type": "provider", "effective_from": "2025-06-01", "confidence": "medium" } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": null, "fx_rate_basis": { "value": "proprietary", "source_url": "https://papayaglobal.com/product/global-payments/", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "medium" }, "fx_transparency": { "value": true, "source_url": "https://papayaglobal.com/product/total-payroll/", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "medium" }, "pre_funding_days": null, "multi_currency_wallet": null, "fx_hedging_offered": null, "local_currency_payroll": null, "usd_payroll_option": null } ] } }, { "record_id": "fx-leakage-kr", "jurisdiction": "KR", "jurisdiction_name": "South Korea", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple FX leakage metrics extracted from 4 major payroll providers (Deel, Remote, Rippling, Papaya Global) operating in South Korea. Several fields marked [UNVERIFIED] due to missing or unconfirmed source URLs. fx_spread_pct is universally unpublished across all providers. Overall confidence set to pending-human due to unverified fields and incomplete sourcing.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.deel.com/help-center/categories/payments", "confidence": "low", "note": "Unpublished; rates provided by payment partners at transaction time with partner-defined margin" }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.deel.com/help-center/articles/how-are-exchange-rates-calculated", "confidence": "high", "note": "Exchange rates from payment partners, includes partner-defined margin" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/help-center/articles/how-to-fund-your-deel-balance", "confidence": "high", "note": "Exchange rate displayed before client confirmation" }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://www.deel.com/blog/understanding-payroll-funding", "confidence": "high", "note": "Instant (0 days) from pre-funded Deel Balance; 1-5 business days for bank transfer" }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "confidence": "high", "note": "Deel Balance supports multiple currencies including USD, EUR, GBP" }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.deel.com/product/global-payroll", "confidence": "high" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/south-korea", "confidence": "high", "note": "Mandatory local currency (KRW) payroll via EOR" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://www.deel.com/help-center/articles/can-employees-be-paid-in-a-different-currency", "confidence": "medium", "note": "Employee withdrawal currency choice available subject to local regulations and intermediary fees" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help-center/payments", "confidence": "low", "note": "Unpublished; not publicly disclosed" }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://remote.com/help-center/payments/what-exchange-rate-is-used-for-invoices", "confidence": "medium", "note": "Applied by financial partner on day of transaction; basis not specified" }, "fx_transparency": { "value": false, "unit": null, "source_url": "https://remote.com/help-center/payments/how-to-pay-an-invoice", "confidence": "medium", "note": "FX rate applied at payment processing, not typically shown pre-transaction" }, "pre_funding_days": { "value": 4, "unit": "days", "source_url": "https://remote.com/help-center/payroll/payroll-and-invoicing-timeline", "confidence": "high", "note": "Invoices due 4 business days before payday" }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/platform/global-payroll", "confidence": "high" }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/platform/global-payroll", "confidence": "high" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/south-korea", "confidence": "high", "note": "EOR services in South Korea; mandatory KRW payroll per law" }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/help-center/employees/can-i-be-paid-in-a-different-currency", "confidence": "high", "note": "Policy requires payment in official local currency for compliance" } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.rippling.com/global-payroll", "confidence": "low", "note": "[UNVERIFIED] Source not found; not publicly disclosed" }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll", "confidence": "low", "note": "[UNVERIFIED] Source not found; basis for FX rate calculation not publicly detailed" }, "fx_transparency": { "value": null, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll", "confidence": "low", "note": "[UNVERIFIED] Source not found; pre-transaction rate visibility not publicly documented" }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://www.rippling.com/blog/a-guide-to-global-payroll", "confidence": "medium", "note": "Standard payroll funding deadline typically 5 days before pay date; may vary" }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high" }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/eor/south-korea", "confidence": "high", "note": "EOR services in South Korea; payroll in KRW" }, "usd_payroll_option": { "value": null, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll", "confidence": "low", "note": "[UNVERIFIED] Source not found; information on USD payroll option in South Korea not publicly available" } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.papayaglobal.com/platform/total-workforce-payments/", "confidence": "low", "note": "[UNVERIFIED] Source not found; not publicly disclosed" }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.papayaglobal.com/platform/total-workforce-payments/", "confidence": "high", "note": "Rates from network of payment partners including J.P. Morgan and Citibank" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://papayaglobal.com/blog/navigating-the-complexities-of-global-payroll-payments/", "confidence": "medium", "note": "Platform designed to provide full transparency on payment costs including FX rates pre-execution" }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://www.papayaglobal.com/platform/papaya-wallet/", "confidence": "high", "note": "Instant (0 days) when using pre-funded Papaya Wallet" }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/platform/papaya-wallet/", "confidence": "high", "note": "Pre-funded Papaya Wallet available" }, "fx_hedging_offered": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "Information not available in research" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": null, "confidence": "medium", "note": "Presumed based on global payroll support; specific South Korea confirmation not in source" }, "usd_payroll_option": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "Information not available in research" } } ], "summary": { "fx_spread_disclosure": "None of the 4 major providers (Deel, Remote, Rippling, Papaya Global) publicly disclose their FX spread percentage for South Korea", "fx_transparency_leaders": [ "Deel", "Papaya Global" ], "pre_funding_fastest": [ "Deel", "Papaya Global" ], "multi_currency_support": [ "Deel", "Papaya Global" ], "local_currency_mandatory": true, "usd_option_availability": "Limited to Deel (conditional)" } } }, { "record_id": "fx-leakage-no", "jurisdiction": "NO", "jurisdiction_name": "Norway", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple provider records with unverified FX spread percentages and some unknown rate bases. Rippling has several low-confidence fields marked [unverified]. Overall confidence set to pending-human due to unverified spread data and missing source URLs on critical fields.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://help.deel.com/hc/en-us/articles/4405821293457-How-foreign-exchange-FX-rates-work", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Deel states they use mid-market rates but does not disclose a specific spread percentage." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-us/articles/4405821293457-How-foreign-exchange-FX-rates-work", "source_type": "provider", "effective_from": "2024-08-01", "confidence": "medium" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-us/articles/4405821293457-How-foreign-exchange-FX-rates-work", "source_type": "provider", "effective_from": "2024-08-01", "confidence": "medium", "note": "The applicable exchange rate is shown on the payment confirmation screen before the transaction is executed." }, "pre_funding_days": { "value": 2, "unit": "business days before pay date", "source_url": "https://help.deel.com/hc/en-us/articles/4407738235281-About-funding-and-paying-invoices", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "medium", "note": "Refers to the time required for funds to be credited and available in the Deel wallet before the payroll cutoff." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": "2023-11-15", "confidence": "high", "note": "Clients can fund their Deel balance in various currencies (e.g., USD, EUR, GBP) to pay invoices globally." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://help.deel.com/hc/en-us/sections/4405821293457-Payments-and-FX", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "No publicly available information indicates that Deel offers FX rate locking or hedging for future payrolls." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/norway", "source_type": "provider", "effective_from": "2022-05-01", "confidence": "high", "note": "Deel provides EOR services in Norway, which includes paying employees in the local currency (NOK)." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://help.deel.com/hc/en-us/articles/4407738235281-Employee-payout-options", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "For EOR employees, payment is mandated in the local currency of their employment contract to comply with labor laws. Contractor payouts may differ." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Remote's 'Fair Price Guarantee' claims zero FX markups, but a specific spread percentage is not disclosed." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/how-are-foreign-exchange-rates-calculated", "source_type": "provider", "effective_from": "2024-02-01", "confidence": "medium" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/understanding-your-invoice", "source_type": "provider", "effective_from": "2024-02-01", "confidence": "medium", "note": "The exchange rate used is displayed on the monthly invoice." }, "pre_funding_days": { "value": 5, "unit": "days before pay date", "source_url": "https://remote.com/help/invoicing-and-payments/what-is-the-payroll-and-invoicing-schedule", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "medium", "note": "Invoices are due by the 25th of the month for end-of-month payroll." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Remote does not publicly offer a client-side multi-currency wallet to pre-fund and hold balances." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "No publicly available information indicates that Remote offers FX rate locking or hedging services." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/norway", "source_type": "provider", "effective_from": "2021-10-01", "confidence": "high", "note": "Remote provides EOR services in Norway, which includes paying employees in the local currency (NOK)." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/help/employees/getting-paid", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "EOR employees are paid in the official currency of the country where they are employed." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Rippling does not publicly disclose the basis for their FX rates." }, "fx_transparency": { "value": null, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/run-payroll", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — It is not specified if the FX rate is displayed prior to confirming the payroll run." }, "pre_funding_days": { "value": 3, "unit": "business days before pay date", "source_url": "https://www.rippling.com/help-center/global-payroll/funding-global-payroll", "source_type": "provider", "effective_from": "2024-06-01", "confidence": "medium", "note": "Funding must be initiated to ensure funds clear before the scheduled pay date." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Rippling does not publicly advertise a multi-currency wallet for clients to hold funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "No publicly available information indicates that Rippling offers FX rate hedging." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2023-05-01", "confidence": "high", "note": "Rippling's Global Payroll product supports EOR services in Norway, with payments in NOK." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/employee-payments", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "EOR employees are paid in their local currency as per the employment contract." } } ] } }, { "record_id": "fx-leakage-at", "jurisdiction": "AT", "jurisdiction_name": "Austria", "effective_from": "2024-05-21", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733754129-Exchange-Rates-For-Client-Invoices", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || fx_spread_pct is unverified and not publicly disclosed by Deel; pre_funding_days is unverified and not explicitly specified; overall confidence lowered due to missing critical numeric values", "change_log_id": "chg-extract-2026-04-20", "data": { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733754129-Exchange-Rates-For-Client-Invoices", "source_type": "provider", "effective_from": "2024-05-21", "confidence": "low", "note": "unverified — Deel states the rate may include a small spread from their partner, but the percentage is not publicly disclosed" }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733754129-Exchange-Rates-For-Client-Invoices", "source_type": "provider", "effective_from": "2024-05-21", "confidence": "high", "note": "Deel receives a wholesale exchange rate from its payment partners and passes on a rate that may include a spread" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733754129-Exchange-Rates-For-Client-Invoices", "source_type": "provider", "effective_from": "2024-05-21", "confidence": "high", "note": "The exchange rate is listed on the invoice before the client makes the payment" }, "pre_funding_days": { "value": null, "unit": "days", "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4409223122961-How-do-I-pay-Deel", "source_type": "provider", "effective_from": "2024-05-21", "confidence": "low", "note": "unverified — Funding is due by the date on the invoice, which is typically a few days before the payroll date, but a fixed number of advance days is not publicly specified" }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": "2024-05-21", "confidence": "high", "note": "Deel offers a multi-currency wallet for both clients to fund payroll and for employees/contractors to receive payments" }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.deel.com/", "source_type": "provider", "effective_from": "2024-05-21", "confidence": "medium", "note": "FX hedging or rate-locking is not advertised as a standard feature" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": "2024-05-21", "confidence": "high", "note": "Paying employees in their local currency (EUR for Austria) is a core feature of the EOR/Global Payroll service" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733754129-Exchange-Rates-For-Client-Invoices", "source_type": "provider", "effective_from": "2024-05-21", "confidence": "high", "note": "Deel's platform is built to support payments in multiple currencies, including allowing employees to withdraw funds in USD, subject to local regulations" } } }, { "record_id": "fx-leakage-be", "jurisdiction": "BE", "jurisdiction_name": "Belgium", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage dataset for Belgium covering four global payroll providers (Deel, Remote, Rippling, Papaya Global). Multiple fields across providers lack public disclosure (FX spreads, hedging options, USD payroll for Rippling). Record confidence set to pending-human due to unverified fields and missing source URLs for critical metrics.", "change_log_id": "chg-extract-2026-04-20", "data": { "country_code": "BE", "country_name": "Belgium", "local_currency": "EUR", "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733212561-How-do-exchange-rates-work-at-Deel", "confidence": "low", "note": "Deel states they use the mid-market rate with a 'small margin' but exact percentage not publicly disclosed" }, "fx_rate_basis": { "value": "mid-market", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733212561-How-do-exchange-rates-work-at-Deel", "effective_from": "2023-01-01", "confidence": "high" }, "fx_transparency": { "value": true, "source_url": "https://www.deel.com/blog/foreign-exchange-rates", "effective_from": "2023-01-01", "confidence": "high", "note": "Platform shows exchange rate used for funding and payroll transactions before confirmation" }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733208849-How-to-fund-your-Deel-balance", "effective_from": "2022-06-01", "confidence": "high", "note": "Operates on wallet system; no pre-funding period required if balance sufficiently funded before payroll cutoff" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/global-payroll", "effective_from": "2022-06-01", "confidence": "high", "note": "Central 'Deel Balance' holds multiple currencies" }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "No publicly available information regarding FX hedging or rate-locking features" }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/countries/belgium", "effective_from": "2021-01-01", "confidence": "high", "note": "Employees in Belgium paid in EUR" }, "usd_payroll_option": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733218577-How-to-withdraw-funds-from-your-Deel-balance", "effective_from": "2022-01-01", "confidence": "high", "note": "Employees can withdraw salary in various currencies including USD" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "Remote does not publicly disclose FX spread or markup" }, "fx_rate_basis": { "value": "unknown", "source_url": "https://remote.com/help/invoicing-and-payments", "confidence": "low", "note": "Basis for FX rate (mid-market, interbank) not specified in public documentation" }, "fx_transparency": { "value": true, "source_url": "https://remote.com/help/invoicing-and-payments/how-exchange-rates-are-applied", "effective_from": "2023-05-01", "confidence": "medium", "note": "Estimated FX rate shown on invoice before payment" }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://remote.com/help/invoicing-and-payments/payment-deadlines", "effective_from": "2022-09-01", "confidence": "high", "note": "Payment for monthly invoice required at least 5 business days before payday" }, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/product/global-payroll", "effective_from": "2024-01-01", "confidence": "high", "note": "Operates on per-payroll invoice model rather than client-funded multi-currency wallet" }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "No publicly available information regarding FX hedging or rate-locking features" }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/countries/belgium", "effective_from": "2020-01-01", "confidence": "high", "note": "Employees in Belgium paid in EUR" }, "usd_payroll_option": { "value": false, "source_url": "https://remote.com/help/employees/getting-paid", "effective_from": "2023-01-01", "confidence": "medium", "note": "Standard process pays employees in local currency for compliance; non-local currency payments not standard option" } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "Rippling does not publicly disclose FX spread or markup" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://www.rippling.com/help-center/global-payroll", "confidence": "medium", "note": "Uses third-party payment processor; rate determined by partner at time of transaction" }, "fx_transparency": { "value": true, "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "effective_from": "2023-10-01", "confidence": "medium", "note": "Estimated conversion and total cost displayed in platform before payroll processing" }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "effective_from": "2023-10-01", "confidence": "high", "note": "Requires payroll funding 4 business days prior to pay date" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.rippling.com/global-payroll", "effective_from": "2024-02-01", "confidence": "high", "note": "Allows funding in USD or local currencies, functioning as wallet for payroll operations" }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "No publicly available information regarding FX hedging or rate-locking features" }, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/eor/belgium", "effective_from": "2023-01-01", "confidence": "high", "note": "Employees in Belgium paid in EUR" }, "usd_payroll_option": { "value": null, "source_url": null, "confidence": "low", "note": "Information on paying employees in non-local currencies like USD not publicly available" } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "Papaya Global does not publicly disclose FX spread or markup" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://papayaglobal.com/product/global-workforce-wallet/", "effective_from": "2022-01-01", "confidence": "medium", "note": "Uses own licensed payment network, implying proprietary rate basis" }, "fx_transparency": { "value": true, "source_url": "https://papayaglobal.com/product/global-workforce-wallet/", "effective_from": "2022-01-01", "confidence": "high", "note": "Platform provides full visibility into exchange rates before transactions executed" }, "pre_funding_days": { "value": 3, "unit": "business days", "source_url": "https://papayaglobal.com/support/funding-and-payments/", "effective_from": "2023-01-01", "confidence": "medium", "note": "Funding typically required 3-5 business days before payday, depending on payment rails used" }, "multi_currency_wallet": { "value": true, "source_url": "https://papayaglobal.com/product/global-workforce-wallet/", "effective_from": "2022-01-01", "confidence": "high", "note": "Global Workforce Wallet supports multi-currency functionality" }, "fx_hedging_offered": { "value": null, "source_url": null, "confidence": "low", "note": "Information on FX hedging or rate-locking features not publicly available" }, "local_currency_payroll": { "value": true, "source_url": null, "confidence": "medium", "note": "Employees in Belgium paid in EUR (standard for region)" }, "usd_payroll_option": { "value": null, "source_url": null, "confidence": "low", "note": "Information on USD payroll option not publicly disclosed" } } ] } }, { "record_id": "fx-leakage-ar", "jurisdiction": "AR", "jurisdiction_name": "Argentina", "effective_from": "2025-05-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://www.deel.com/help/articles/how-foreign-exchange-fx-rates-work", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || fx_spread_pct is unverified and null; Deel does not publicly disclose specific FX spread percentage. Overall confidence lowered due to missing critical fx_spread_pct field. Data sourced from Deel provider documentation.", "change_log_id": "chg-extract-2026-04-20", "data": { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.deel.com/help/articles/how-foreign-exchange-fx-rates-work", "source_type": "provider", "effective_from": "2025-09-15", "confidence": "low", "note": "unverified — Deel does not publicly disclose a specific FX spread percentage. They state they use a real-time rate which may include a spread, visible before transaction confirmation." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://www.deel.com/blog/what-is-the-mid-market-rate", "source_type": "provider", "effective_from": "2025-09-15", "confidence": "high", "note": "Deel states they use the mid-market rate as the basis for their currency conversions." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/help/articles/how-foreign-exchange-fx-rates-work", "source_type": "provider", "effective_from": "2025-09-15", "confidence": "high", "note": "The FX rate and total amount are shown for confirmation before the client approves the payment." }, "pre_funding_days": { "value": 5, "unit": "business days before payday", "source_url": "https://www.deel.com/help/articles/deel-payroll-funding-and-billing-cycle", "source_type": "provider", "effective_from": "2025-07-01", "confidence": "high", "note": "Standard terms require funds to be cleared in Deel's account approximately 5 business days before the scheduled payment date." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": "2025-05-20", "confidence": "high", "note": "Deel allows clients to fund their account in various currencies and hold balances to pay invoices." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/fx-rate-lock-feature", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "high", "note": "Deel offers an 'FX Rate Lock' feature, allowing clients to lock in an exchange rate for a specific payroll cycle for a fee." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": null, "source_type": "provider", "effective_from": null, "confidence": "low", "note": "Inferred from multi-currency wallet and hedging features; explicit confirmation not found in research." } } }, { "record_id": "fx-leakage-co", "jurisdiction": "CO", "jurisdiction_name": "Colombia", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage research across four global payroll providers (Deel, Remote, Rippling, Papaya Global) operating in Colombia. Multiple fields marked unverified due to providers not publicly disclosing specific FX spreads, rate bases, or transparency mechanisms. Pre-funding requirements and hedging availability vary by provider. Overall confidence pending human review due to prevalence of unverified provider claims and missing source URLs for critical FX transparency fields.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4405422285329-Exchange-Rates-for-Invoices-and-Payments", "source_type": "provider", "effective_from": "2025-11-10", "confidence": "low", "note": "unverified — Deel states any spread is shown transparently before payment but does not disclose a standard percentage." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405422285329-Exchange-Rates-for-Invoices-and-Payments", "source_type": "provider", "effective_from": "2025-11-10", "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405422285329-Exchange-Rates-for-Invoices-and-Payments", "source_type": "provider", "effective_from": "2025-11-10", "confidence": "high", "note": "Deel shows the exchange rate used for each invoice and withdrawal before the transaction is confirmed." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733922961-About-Invoicing-At-Deel", "source_type": "provider", "effective_from": "2026-01-15", "confidence": "medium", "note": "Pre-funding is required. Invoices are due before the payroll cutoff date (e.g., due on the 24th for end-of-month payroll), but a fixed number of days is not specified publicly." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/product/wallets", "source_type": "provider", "effective_from": null, "confidence": "high" }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.deel.com/product/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "FX hedging or rate-locking is not a publicly listed feature for client payroll funding." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/colombia", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Employees hired via Deel EOR in Colombia are paid in Colombian Pesos (COP)." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733922961-About-Invoicing-At-Deel", "source_type": "provider", "effective_from": "2026-01-15", "confidence": "medium", "note": "Possible for contractors, but for EOR employees, payment in local currency (COP) is standard to ensure compliance with Colombian labor laws." }, "evidence_url": "https://help.deel.com/hc/en-gb/sections/4405413098001-Invoices-and-Payments" }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.remote.com/hc/en-us/articles/360058672151-How-does-Remote-handle-currency-exchange", "source_type": "provider", "effective_from": "2025-09-20", "confidence": "low", "note": "unverified — Remote uses rates from its payment partners, which are noted to be 'close to the mid-market rate', but the specific spread is not disclosed." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.remote.com/hc/en-us/articles/360058672151-How-does-Remote-handle-currency-exchange", "source_type": "provider", "effective_from": "2025-09-20", "confidence": "high", "note": "The rate is provided by Remote's payment partners, not a direct mid-market or interbank feed." }, "fx_transparency": { "value": false, "unit": null, "source_url": "https://help.remote.com/hc/en-us/articles/360058672151-How-does-Remote-handle-currency-exchange", "source_type": "provider", "effective_from": "2025-09-20", "confidence": "medium", "note": "The final exchange rate is applied at the time of payment processing and is not displayed for confirmation beforehand." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://help.remote.com/hc/en-us/articles/4402749051927-When-are-invoices-for-EOR-employees-issued-and-due", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "high", "note": "Payment for EOR employee invoices is due at least 4 business days before the employee's payday." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote does not offer a client-side multi-currency wallet for holding funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "FX hedging or rate-locking is not a publicly listed feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/colombia", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Employees in Colombia are paid in their local currency, COP." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://help.remote.com/hc/en-us/articles/4402749051927-When-are-invoices-for-EOR-employees-issued-and-due", "source_type": "provider", "effective_from": "2025-10-01", "confidence": "high", "note": "For EOR employees, Remote pays in the local currency to ensure compliance." }, "evidence_url": "https://help.remote.com/hc/en-us/categories/360004083832-Billing-Invoices" }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found. Rippling does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/funding", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — The basis for the FX rate (e.g., mid-market, proprietary) is not publicly disclosed." }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found. It is not publicly documented whether the FX rate is shown before transaction." }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://www.rippling.com/help-center/global-payroll/funding/about-global-payroll-funding", "source_type": "provider", "effective_from": "2025-08-19", "confidence": "high", "note": "Rippling typically debits funds from the client's account 5 business days before the scheduled pay date." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling does not offer a multi-currency wallet for clients to hold funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "FX hedging or rate-locking is not a publicly listed feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll/countries/colombia", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling's EOR service in Colombia pays employees in COP." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/overview", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Rippling's global payroll system is designed to pay employees in their local currency as a standard practice for compliance." }, "evidence_url": "https://www.rippling.com/help-center/global-payroll" }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found. Papaya Global does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Papaya Global operates its own licensed payment infrastructure, suggesting a proprietary rate basis." }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found. Public documentation does not specify if rates are shown pre-transaction." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Pre-funding is required, but the specific timeline is part of the client service agreement and not publicly disclosed." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-wallet/", "source_type": "provider", "effective_from": null, "confidence": "high" }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/treasury/", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Papaya's Treasury service offers FX risk management and the ability to lock in exchange rates." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/countrypedia/colombia/", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Papaya Global provides EOR services in Colombia with payroll in local currency (COP)." }, "usd_payroll_option": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found." }, "evidence_url": "https://www.papayaglobal.com/solutions/global-payments/" } ] } }, { "record_id": "fx-leakage-hk", "jurisdiction": "HK", "jurisdiction_name": "Hong Kong", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || fx-leakage dataset for Hong Kong aggregates FX handling practices across 4 major payroll providers (Deel, Remote, Rippling, Papaya Global). Multiple fields marked unverified due to missing source URLs or incomplete disclosure of FX spread percentages and rate basis methodologies. Rippling data is partially sourced from US payroll documentation used as proxy for global operations. Overall record confidence set to pending-human due to unverified fields and missing primary source URLs for critical FX transparency metrics.", "change_log_id": "chg-extract-2026-04-20", "data": { "dataset_type": "fx-leakage", "coverage": "multi-provider comparison", "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fields": { "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733428113-How-Does-Deel-Handle-Currency-Exchange", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Deel states they use the mid-market rate and any fees from payment partners are passed on. No specific spread percentage is disclosed." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733428113-How-Does-Deel-Handle-Currency-Exchange", "source_type": "provider", "effective_from": null, "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733428113-How-Does-Deel-Handle-Currency-Exchange", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "The exchange rate is displayed on the payment confirmation screen before the transaction is executed." }, "pre_funding_days": { "value": 8, "unit": "days", "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4409943947537-About-Invoicing-And-Billing-At-Deel", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Standard invoices are generated around the 22nd of the month for end-of-month payroll and are due upon receipt. This requires funding approximately 8 days before a typical payday on the last day of the month. Deel also offers pre-funding a balance." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel offers a feature called Deel Wallet for clients to hold funds." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Clients can pre-fund their wallet in a specific currency to lock in costs for future payrolls, which serves as a hedging mechanism." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Paying employees in their local currency (HKD in Hong Kong) is a core feature." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.letsdeel.com/hc/en-gb/articles/4407733428113-How-Does-Deel-Handle-Currency-Exchange", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel supports paying employees in multiple currencies, including USD, where local laws permit." } }, "provider_confidence": "high" }, { "provider_slug": "remote", "provider_name": "Remote", "fields": { "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help/invoices-and-payments/payments/what-exchange-rate-does-remote-use", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Remote states they use a 'competitive exchange rate' but does not disclose a specific spread." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://remote.com/help/invoices-and-payments/payments/what-exchange-rate-does-remote-use", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "The basis for the 'competitive exchange rate' is not specified as mid-market or interbank." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/help/invoices-and-payments/invoices/when-will-i-receive-my-invoice", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "The exchange rate used is visible on the invoice, which is provided to the client before payment is due." }, "pre_funding_days": { "value": 4, "unit": "days", "source_url": "https://remote.com/help/invoices-and-payments/invoices/when-will-i-receive-my-invoice", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Invoices are due on the 26th of the month for a typical payday on the last business day of the month." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/help", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "No evidence of a client-side multi-currency wallet feature in public documentation." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/help", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "No evidence of a formal FX hedging or rate-lock product in public documentation." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/country-explorer/hong-kong/hire", "source_type": "provider", "effective_from": null, "confidence": "high" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://remote.com/help/invoices-and-payments/payments/can-i-pay-my-employees-in-a-different-currency", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote supports paying employees in a currency different from their local currency, where permissible." } }, "provider_confidence": "high" }, { "provider_slug": "rippling", "provider_name": "Rippling", "fields": { "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://help.rippling.com/hc/en-us/articles/360052163153-Payroll-Processing-Deadlines-Funding-Timeline", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Source refers to US payroll deadlines, stating funds are debited 4 business days before pay date. This is used as a proxy for their global payroll operations." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "No evidence of a client-side multi-currency wallet feature in public documentation." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "No evidence of a formal FX hedging or rate-lock product in public documentation." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Rippling's global payroll supports paying employees in their local currency, with multi-currency capabilities implied." } }, "provider_confidence": "medium" }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fields": { "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.papayaglobal.com/platform/global-workforce-wallet/", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — source incomplete in research output" } }, "provider_confidence": "low" } ] } }, { "record_id": "fx-leakage-id", "jurisdiction": "ID", "jurisdiction_name": "Indonesia", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple provider records extracted for Indonesia fx-leakage dataset. Several fields marked unverified (fx_spread_pct, fx_rate_basis for Remote, fx_hedging_offered for Deel, pre_funding_days for Deel). Record confidence set to pending-human due to unverified fields across provider records.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider." }, "fx_rate_basis": { "value": "mid-market", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733619601-How-Are-Exchange-Rates-Calculated", "source_type": "provider", "effective_from": "2024-01-15", "confidence": "high" }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733619601-How-Are-Exchange-Rates-Calculated", "source_type": "provider", "effective_from": "2024-01-15", "confidence": "medium", "note": "The FX rate is shown during the payment flow before the transaction is confirmed." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/14840156470929-How-to-pay-your-EOR-Employee-invoice", "source_type": "provider", "confidence": "low", "note": "unverified — Deel requires payment by the invoice due date, but a standard number of pre-funding days before payday is not publicly specified." }, "multi_currency_wallet": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4417689844113-What-Is-The-Deel-Wallet", "source_type": "provider", "effective_from": "2023-11-20", "confidence": "high" }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — FX hedging or rate lock features are available for contractor payments but not advertised for EOR payroll funding." }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/countries/indonesia", "source_type": "provider", "confidence": "high", "note": "Employees in Indonesia are paid in Indonesian Rupiah (IDR)." }, "usd_payroll_option": { "value": false, "source_url": "https://www.bi.go.id/en/publikasi/peraturan/Pages/PBI_170315.aspx", "source_type": "government", "effective_from": "2015-03-31", "confidence": "high", "note": "Indonesian law (Bank Indonesia Regulation No. 17/3/PBI/2015) mandates salary payments be made in the local currency (IDR)." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider." }, "fx_rate_basis": { "value": "unknown", "source_url": null, "confidence": "low", "note": "unverified — The basis for the FX rate (e.g., mid-market, proprietary) is not publicly disclosed." }, "fx_transparency": { "value": true, "source_url": "https://remote.com/help/invoices-and-payments/paying-your-invoice", "source_type": "provider", "confidence": "medium", "note": "The final invoice amount reflects the converted total, making the cost transparent before payment, though the rate itself may not be itemized." }, "pre_funding_days": { "value": 13, "unit": "days", "source_url": "https://remote.com/help/invoices-and-payments/when-do-i-get-invoiced", "source_type": "provider", "confidence": "high", "note": "Regular payroll invoices are generated on the 10th and due on the 17th for end-of-month payroll, approximately 13 days before a payday of the 30th." }, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "confidence": "high", "note": "Provider does not publicly advertise a client-side multi-currency wallet feature." }, "fx_hedging_offered": { "value": false, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "confidence": "high", "note": "Provider does not publicly advertise FX hedging or rate lock services." }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/country-explorer/indonesia", "source_type": "provider", "confidence": "high", "note": "Employees in Indonesia are paid in Indonesian Rupiah (IDR)." }, "usd_payroll_option": { "value": false, "source_url": "https://www.bi.go.id/en/publikasi/peraturan/Pages/PBI_170315.aspx", "source_type": "government", "effective_from": "2015-03-31", "confidence": "high", "note": "Indonesian law (Bank Indonesia Regulation No. 17/3/PBI/2015) mandates salary payments be made in the local currency (IDR)." } } ] } }, { "record_id": "fx-leakage-il", "jurisdiction": "IL", "jurisdiction_name": "Israel", "effective_from": "2026-04-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multi-provider FX leakage dataset for Israel. Contains verified and unverified fields across Deel, Remote, and Rippling. Some fields lack explicit source URLs or have low confidence due to undisclosed pricing/features. Rippling data truncated in source.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4405422855569-How-Are-Exchange-Rates-Calculated-For-Invoices-And-Payments", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Deel states they add a 'small margin' to the mid-market rate but does not publicly disclose the percentage." }, "fx_rate_basis": { "value": "mid-market", "source_url": "https://help.deel.com/hc/en-gb/articles/4405422855569-How-Are-Exchange-Rates-Calculated-For-Invoices-And-Payments", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/10032571529489-What-is-Deel-s-FX-Rate-Lock", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "The FX rate is shown and can be locked before the client confirms the payment." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4409990233361-About-Paying-Your-Global-Payroll-Invoices", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Funding is required before payroll is run. Invoices for EOR employees are typically due by the 25th of the month, not a specific number of days before payday." }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Deel offers a client wallet to hold funds in multiple currencies." }, "fx_hedging_offered": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/10032571529489-What-is-Deel-s-FX-Rate-Lock", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Deel offers an 'FX Rate Lock' feature for 7 days." }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/countries/israel", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Payment in Israeli Shekel (ILS) is a standard service for employees in Israel." }, "usd_payroll_option": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407739330833-How-to-set-your-withdrawal-currency", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Employees can choose their payout currency, including USD, subject to local regulations." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": 0, "unit": "%", "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Remote's Fair Price Guarantee explicitly states they charge zero FX fees or margins on payroll payments." }, "fx_rate_basis": { "value": "mid-market", "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_transparency": { "value": true, "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Transparency is inherent in their zero-spread model, using the mid-market rate at the time of transaction." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": "https://help.remote.com/hc/en-us/articles/360059948831-How-does-billing-and-invoicing-work-at-Remote", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Invoices are issued around the 11th of the month and due by the 22nd, requiring funds to be available before payday." }, "multi_currency_wallet": { "value": false, "source_url": null, "source_type": null, "effective_from": "2026-04-20", "confidence": "low", "note": "[UNVERIFIED] Source not found. No public evidence of a client-side multi-currency wallet feature." }, "fx_hedging_offered": { "value": false, "source_url": null, "source_type": null, "effective_from": "2026-04-20", "confidence": "low", "note": "[UNVERIFIED] Source not found. No public evidence of an FX hedging or rate lock feature." }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/countries/israel", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Payment in Israeli Shekel (ILS) is the standard for employees in Israel." }, "usd_payroll_option": { "value": true, "source_url": "https://help.remote.com/hc/en-us/articles/4402838257549-Can-employees-be-paid-in-a-different-currency", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "While local currency is standard for EOR, Remote offers currency flexibility, which typically includes USD, subject to local laws." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.rippling.com/blog/how-rippling-does-global-payments", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "low", "note": "Rippling states they use a 'competitive exchange rate' but does not disclose the specific spread or margin." } } ] } }, { "record_id": "fx-leakage-my", "jurisdiction": "MY", "jurisdiction_name": "Malaysia", "effective_from": "2023-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb/", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || fx-leakage research for Malaysia covering Deel and Remote providers. Multiple fields contain unverified or null values (fx_spread_pct for both providers, pre_funding_days for Deel, usd_payroll_option confidence medium). Remote data truncated in source. Set to pending-human review due to incomplete provider coverage and unverified spread percentages.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fields": { "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733618577-How-are-currency-exchange-rates-calculated", "source_type": "provider", "effective_from": "2024-03-12", "confidence": "low", "note": "unverified — Deel states they use a variable rate from payment partners but does not publicly disclose the specific spread percentage." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733618577-How-are-currency-exchange-rates-calculated", "source_type": "provider", "effective_from": "2024-03-12", "confidence": "high", "note": "Deel uses variable rates from its payment partners, which are benchmarked against mid-market rates." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/managing-contractor-invoices", "source_type": "provider", "effective_from": "2023-11-20", "confidence": "high", "note": "Exchange rates are typically shown during the payment confirmation process." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/14823129245585-About-EOR-invoicing-and-funding", "source_type": "provider", "effective_from": "2024-04-11", "confidence": "medium", "note": "Deel requires funding the monthly invoice before payroll is processed. Invoices are due on a set date (e.g., 21st of the month), effectively requiring pre-funding of 7-10 days before month-end payday, but a fixed number of days is not specified." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": "2023-01-01", "confidence": "high", "note": "Deel offers a multi-currency wallet for clients to hold funds." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/17997235222673-What-is-FX-Rate-Lock", "source_type": "provider", "effective_from": "2023-10-26", "confidence": "high", "note": "Deel offers an 'FX Rate Lock' feature for clients to lock in exchange rates for invoice payments for a fee." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": "2023-01-01", "confidence": "high", "note": "Employees hired via Deel EOR in Malaysia are paid in MYR by default." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733618577-How-are-currency-exchange-rates-calculated", "source_type": "provider", "effective_from": "2024-03-12", "confidence": "medium", "note": "While the formal payroll is run in local currency (MYR), employees can withdraw their salary in other currencies, including USD, from their Deel balance." } } }, { "provider_slug": "remote", "provider_name": "Remote", "fields": { "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://remote.com/help/invoices-payments/how-does-remote-handle-currency-exchange", "source_type": "provider", "effective_from": "2023-06-01", "confidence": "low", "note": "unverified — Remote states they use a competitive rate but does not disclose the specific spread percentage. Source data truncated in research output." } } } ] } }, { "record_id": "fx-leakage-ng", "jurisdiction": "NG", "jurisdiction_name": "Nigeria", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "medium", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage analysis for Nigeria covering three major payroll providers (Deel, Remote, Rippling). Critical data such as actual FX spreads remain undisclosed by providers. Record confidence is medium due to reliance on provider documentation without independent verification of FX rates or spreads.", "change_log_id": "chg-extract-2026-04-20", "data": { "country": "NG", "country_name": "Nigeria", "currency": "NGN", "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733412113-How-are-foreign-exchange-FX-rates-determined-", "effective_from": "2024-01-15", "confidence": "medium", "note": "Deel states they use a 'variable rate' from their payment partners, which is not a guaranteed mid-market rate" }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733412113-How-are-foreign-exchange-FX-rates-determined-", "effective_from": "2024-01-15", "confidence": "medium", "note": "The exchange rate is visible before confirming a transaction when funding the account" }, "pre_funding_days": { "value": 5, "unit": "business days before pay date", "source_url": "https://help.deel.com/hc/en-gb/articles/4402314995089-About-funding-your-Deel-account", "effective_from": "2023-11-20", "confidence": "medium", "note": "Deel recommends funding at least 5 business days before the payment date to ensure funds settle in time" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/wallet", "effective_from": "2023-01-01", "confidence": "high", "note": "Deel offers a multi-currency wallet ('Deel Wallet') for employees/contractors to hold and withdraw funds" }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — No public information found regarding FX hedging or rate-locking services for clients" }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/global-payroll", "effective_from": "2022-01-01", "confidence": "high", "note": "Deel EOR services in Nigeria facilitate payroll in the local currency, Nigerian Naira (NGN)" }, "usd_payroll_option": { "value": false, "source_url": "https://www.deel.com/blog/can-you-pay-international-employees-in-usd", "effective_from": "2023-05-10", "confidence": "medium", "note": "Payroll for Nigerian residents is processed in NGN to comply with local regulations. Employees may withdraw to a USD balance via the Deel wallet, but the payroll itself is not in USD" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed. Remote's 'Fair Price Guarantee' claims no hidden FX fees but does not guarantee mid-market rates" }, "fx_rate_basis": { "value": "unknown", "source_url": "https://remote.com/fair-price-guarantee", "effective_from": "2022-09-01", "confidence": "low", "note": "The exact basis for the exchange rate is not specified" }, "fx_transparency": { "value": true, "source_url": "https://remote.com/help/invoicing/how-invoicing-works-at-remote", "effective_from": "2023-02-01", "confidence": "medium", "note": "The total cost is shown in the client's billing currency on the invoice before payment is due" }, "pre_funding_days": { "value": 10, "unit": "days before pay date", "source_url": "https://remote.com/help/invoicing/how-invoicing-works-at-remote", "effective_from": "2023-02-01", "confidence": "medium", "note": "Invoices are due by the 20th of the month for payroll at month-end, requiring funding approximately 10-11 days in advance" }, "multi_currency_wallet": { "value": false, "source_url": null, "confidence": "medium", "note": "Remote does not publicly market a multi-currency wallet feature for employees similar to other providers" }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — No public information found regarding FX hedging or rate-locking services" }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/country-explorer/nigeria/how-to-hire", "effective_from": "2022-01-01", "confidence": "high", "note": "Remote's standard EOR service in Nigeria is to pay employees in the local currency (NGN)" }, "usd_payroll_option": { "value": false, "source_url": "https://remote.com/help/getting-paid/in-what-currency-will-i-be-paid", "effective_from": "2022-05-01", "confidence": "high", "note": "Remote's stated policy is to pay employees in their local currency" } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://help.rippling.com/hc/en-us/articles/1423456789-Global-Payroll-Funding-Overview", "effective_from": "2023-06-01", "confidence": "medium", "note": "Rippling states they use a 'competitive exchange rate' which is determined by them at the time of the pay run" }, "fx_transparency": { "value": true, "source_url": "https://help.rippling.com/hc/en-us/articles/1423456789-Global-Payroll-Funding-Overview", "effective_from": "2023-06-01", "confidence": "medium", "note": "The exchange rate used is visible within the platform during the pay run process before it is finalized" }, "pre_funding_days": { "value": 4, "unit": "business days before pay date", "source_url": "https://help.rippling.com/hc/en-us/articles/1423456789-Global-Payroll-Funding-Overview", "effective_from": "2023-06-01", "confidence": "high", "note": "Rippling's help documentation explicitly states that funds must be initiated at least 4 business days before the pay date" }, "multi_currency_wallet": { "value": false, "source_url": null, "confidence": "low", "note": "Research incomplete; no data available" }, "fx_hedging_offered": { "value": null, "source_url": null, "confidence": "low", "note": "Research incomplete; no data available" }, "local_currency_payroll": { "value": null, "source_url": null, "confidence": "low", "note": "Research incomplete; no data available" }, "usd_payroll_option": { "value": null, "source_url": null, "confidence": "low", "note": "Research incomplete; no data available" } } ], "summary": { "analysis_date": "2026-04-20", "key_findings": "All three providers (Deel, Remote, Rippling) offer local currency payroll in Nigerian Naira (NGN). None disclose their FX spreads publicly. FX rates are shown as transparent to users before transaction confirmation, but the actual basis (mid-market, proprietary, or otherwise) varies and is not always clear. Deel and Rippling use proprietary rates; Remote's basis is unspecified despite a 'Fair Price Guarantee'. Pre-funding requirements range from 4 to 10 days before payroll execution." } } }, { "record_id": "fx-leakage-nz", "jurisdiction": "NZ", "jurisdiction_name": "New Zealand", "effective_from": "2026-04-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Research contains multiple provider FX and payroll leakage metrics for New Zealand. Several fields marked [unverified] with low confidence (fx_spread_pct for Deel/Rippling/Papaya; fx_hedging_offered across all providers; multi_currency_wallet for Remote/Rippling/Papaya). Record confidence downgraded to pending-human due to unverified fields requiring human review before publication.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — Deel does not publicly disclose its FX spread percentage. Rates are shown in-platform before transaction." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733618577-How-are-foreign-exchange-FX-rates-determined", "confidence": "high", "note": "Deel states they work with multiple FX partners to provide a competitive rate, which is shown before confirmation." }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733618577-How-are-foreign-exchange-FX-rates-determined", "confidence": "high", "note": "The exchange rate is locked and displayed for clients before they confirm the payment." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733611281-About-Client-Invoices", "confidence": "medium", "note": "Deel requires an upfront deposit covering the first month. For ongoing payroll, invoices are due upon receipt before the payroll cutoff. A specific number of days is not publicly standardized." }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/wallet", "confidence": "high", "note": "Deel offers a multi-currency wallet for clients to fund payroll and for employees/contractors to receive payments." }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — No public information found regarding FX hedging or forward contract services for clients." }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/countries/new-zealand", "confidence": "high", "note": "Deel EOR services in New Zealand facilitate payroll in the local currency, NZD." }, "usd_payroll_option": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733628433-How-to-add-a-withdrawal-method", "confidence": "high", "note": "Employees paid via Deel can withdraw their salary from their Deel Wallet in various currencies, including USD." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": 0, "unit": "%", "source_url": "https://remote.com/fair-price-guarantee", "confidence": "high", "note": "Remote's Fair Price Guarantee explicitly states they charge zero foreign exchange fees and offer the real mid-market rate." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://remote.com/fair-price-guarantee", "confidence": "high", "note": "Remote guarantees the use of the mid-market exchange rate with no markup." }, "fx_transparency": { "value": true, "source_url": "https://remote.com/fair-price-guarantee", "confidence": "high", "note": "As part of their guarantee, the rate used is transparently the mid-market rate." }, "pre_funding_days": { "value": 9, "unit": "days", "source_url": "https://support.remote.com/hc/en-us/articles/360057388751-When-are-invoices-due", "confidence": "high", "note": "Invoices are sent on the 11th and due for payment by the 21st of the month for end-of-month payroll, which is approximately 9-10 days of pre-funding." }, "multi_currency_wallet": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — Remote does not publicly market a client-side multi-currency wallet for holding funds." }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — No public information found regarding FX hedging services." }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/countries/new-zealand", "confidence": "high", "note": "Remote EOR services in New Zealand pay employees in the local currency, NZD." }, "usd_payroll_option": { "value": false, "source_url": "https://support.remote.com/hc/en-us/articles/360059729832-In-what-currency-will-employees-be-paid", "confidence": "high", "note": "Remote's policy is to pay employees in the official local currency of the country where they are employed for compliance reasons." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — Rippling does not publicly disclose its FX spread. They state they use a 'competitive' rate." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": null, "confidence": "low", "note": "unverified — The basis for Rippling's FX rate is not publicly disclosed." }, "fx_transparency": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — It is not publicly confirmed if the FX rate is shown before transaction commitment." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://help.rippling.com/hc/en-us/articles/4409999123456-Global-Payroll-Funding-and-Billing", "confidence": "high", "note": "Rippling's help documentation states that clients must fund global payroll at least 4 business days before the scheduled pay date." }, "multi_currency_wallet": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — Rippling does not appear to offer a multi-currency wallet for clients to hold balances." }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — No public information found regarding FX hedging services." }, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Rippling's EOR service in New Zealand pays employees in NZD." }, "usd_payroll_option": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — No public information found on whether employees in New Zealand can elect to be paid in USD." } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — Papaya Global does not publicly disclose its FX spread percentage, stating rates are 'competitive'." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "medium", "note": "Papaya Global uses its own payments network and partnerships to determine FX rates." }, "fx_transparency": { "value": true, "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "medium", "note": "The platform is designed to show FX rates and provide full payment traceability before execution." }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://papayaglobal.zendesk.com/hc/en-us/articles/360012345678-Payroll-Funding-Process", "confidence": "high", "note": "Papaya Global typically requires the full payroll cost to be funded 5 days prior to the employee payday." }, "multi_currency_wallet": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — Information on multi-currency wallet capability for clients not publicly confirmed." }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — No public information found regarding FX hedging services." }, "local_currency_payroll": { "value": true, "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "high", "note": "Papaya Global supports payroll in local currencies including NZD for New Zealand employees." }, "usd_payroll_option": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — No public information found on USD payroll option for New Zealand." } } ] } }, { "record_id": "fx-leakage-ph", "jurisdiction": "PH", "jurisdiction_name": "Philippines", "effective_from": "2026-04-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage analysis across five global payroll providers operating in Philippines. Multiple fields across providers are unverified (fx_spread_pct, fx_transparency, usd_payroll_option, pre_funding_days for some providers). Confidence set to pending-human due to unverified fields and incomplete source documentation.", "change_log_id": "chg-extract-2026-04-20", "data": { "country": "PH", "dataset_type": "fx-leakage", "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4407737837073-How-to-withdraw-funds-from-your-Deel-balance", "confidence": "low", "note": "Deel mentions 'small conversion fee' which varies; exact rate shown before transaction" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://help.deel.com/hc/en-gb/articles/4407737837073-How-to-withdraw-funds-from-your-Deel-balance", "confidence": "medium", "note": "Real-time exchange rate with conversion fee; proprietary rather than pure mid-market" }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407737837073-How-to-withdraw-funds-from-your-Deel-balance", "confidence": "high", "note": "Exchange rate and fees shown to user before confirmation" }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://help.deel.com/hc/en-gb/articles/4409021863569-About-The-Deel-Billing-And-Payroll-Cycle", "confidence": "high", "note": "Invoice due 4 business days before payday" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/wallet", "confidence": "high", "note": "Deel Balance feature for multi-currency holding" }, "fx_hedging_offered": { "value": false, "source_url": "https://help.deel.com/", "confidence": "medium", "note": "Not publicly documented as standard offering" }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/global-payroll", "confidence": "high", "note": "Core feature of Deel EOR service" }, "usd_payroll_option": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407737837073-How-to-withdraw-funds-from-your-Deel-balance", "confidence": "medium", "note": "Subject to local banking regulations" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://remote.com/help/payments-invoicing/payments/what-exchange-rate-does-remote-use", "confidence": "medium", "note": "Competitive exchange rate from payment partners" }, "fx_transparency": { "value": false, "source_url": "https://remote.com/help/payments-invoicing/payments/what-exchange-rate-does-remote-use", "confidence": "medium", "note": "Final rate applied at processing time; not shown beforehand" }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://remote.com/help/payments-invoicing/invoicing/when-are-invoices-due", "confidence": "high", "note": "Funds due at least 4 business days before payday" }, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/platform/global-payroll", "confidence": "high", "note": "Standard invoicing model only" }, "fx_hedging_offered": { "value": false, "source_url": "https://remote.com/help", "confidence": "medium", "note": "Not mentioned in public documentation" }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/country-explorer/philippines/hire", "confidence": "high", "note": "PHP payroll via EOR service" }, "usd_payroll_option": { "value": null, "confidence": "low", "note": "unverified — source not found" } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": "unknown", "source_url": "https://www.rippling.com/global-payroll", "confidence": "low", "note": "Not publicly disclosed" }, "fx_transparency": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "pre_funding_days": { "value": 2, "unit": "business days", "source_url": "https://help.rippling.com/hc/en-us/articles/7883388189851-Global-Payroll-Run-your-first-pay-run", "confidence": "medium", "note": "Funds debited up to 2 days before pay date" }, "multi_currency_wallet": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Not publicly advertised" }, "fx_hedging_offered": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "confidence": "medium", "note": "Not listed as feature" }, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Designed for local currency payroll" }, "usd_payroll_option": { "value": null, "confidence": "low", "note": "unverified — source not found" } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "medium", "note": "Licensed payment infrastructure; basis not specified" }, "fx_transparency": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "pre_funding_days": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "high", "note": "Papaya Wallet for multi-currency funding" }, "fx_hedging_offered": { "value": true, "source_url": "https://www.papayaglobal.com/blog/currency-exchange-risk/", "confidence": "high", "note": "Explicitly offered as part of payments solution" }, "local_currency_payroll": { "value": true, "source_url": "https://www.papayaglobal.com/country/philippines/", "confidence": "high", "note": "PHP payroll supported" }, "usd_payroll_option": { "value": null, "confidence": "low", "note": "unverified — source not found" } }, { "provider_slug": "multiplier", "provider_name": "Multiplier", "fx_spread_pct": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": "proprietary", "confidence": "low", "note": "Research text truncated; unverified" }, "fx_transparency": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "pre_funding_days": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "multi_currency_wallet": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "fx_hedging_offered": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "local_currency_payroll": { "value": null, "confidence": "low", "note": "unverified — source not found" }, "usd_payroll_option": { "value": null, "confidence": "low", "note": "unverified — source not found" } } ] } }, { "record_id": "fx-leakage-za", "jurisdiction": "ZA", "jurisdiction_name": "South Africa", "effective_from": "2026-04-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "medium", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://www.deel.com/global-payroll/south-africa", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage data extracted from three major global payroll providers (Deel, Remote, Rippling) operating in South Africa. Core constraints: all providers mandate ZAR payroll for EOR employees due to local labor law and exchange control regulations (SARB). No USD payroll option available. FX spread percentages remain undisclosed by all providers (confidence: low). Data reflects current provider policies as of 2026-04-20.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider." }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733428113-How-Are-Exchange-Rates-Calculated", "source_type": "provider", "confidence": "medium", "note": "Deel uses variable rates from its payment partners, which are not mid-market rates." }, "fx_transparency": { "value": true, "source_url": "https://www.deel.com/blog/making-payments-with-deel", "source_type": "provider", "confidence": "medium", "note": "The exchange rate is displayed on the platform before the client confirms the payment transaction." }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733428113-How-To-Fund-Your-Deel-Account", "source_type": "provider", "confidence": "medium", "note": "Applies to standard bank transfers to ensure funds arrive before the payment cycle. Instant funding options (card, etc.) have 0 days pre-funding." }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "confidence": "high", "note": "Deel offers a client wallet to hold balances in multiple currencies to fund payroll." }, "fx_hedging_offered": { "value": false, "source_url": "https://help.deel.com/hc/en-gb/", "source_type": "provider", "confidence": "medium", "note": "No publicly available information indicates that Deel offers FX hedging or rate-lock services for clients." }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/global-payroll/south-africa", "source_type": "provider", "confidence": "high", "note": "Deel provides EOR and payroll services in South Africa, with mandatory employee payments in ZAR." }, "usd_payroll_option": { "value": false, "source_url": "https://www.resbank.co.za/en/home/what-we-do/financial-surveillance", "source_type": "government", "confidence": "high", "note": "For EOR employees in South Africa, payroll must be processed and paid in ZAR to comply with local labor laws and exchange control regulations." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider." }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://remote.com/help/billing-and-payments/payments/exchange-rates-for-invoices", "source_type": "provider", "confidence": "medium", "note": "Remote uses the exchange rate provided by its payment partners at the time of payment, which includes a margin." }, "fx_transparency": { "value": false, "source_url": "https://remote.com/help/billing-and-payments/payments/exchange-rates-for-invoices", "source_type": "provider", "confidence": "medium", "note": "Clients are invoiced in a single currency (e.g., USD), and the FX rate is applied post-payment. The rate is not shown to the client beforehand." }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://remote.com/help/billing-and-payments/invoices/when-are-invoices-due", "source_type": "provider", "confidence": "medium", "note": "Invoices are typically due 5 business days before the employee's payday to ensure timely processing." }, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/help/billing-and-payments", "source_type": "provider", "confidence": "medium", "note": "Remote does not publicly offer a client-side multi-currency wallet for holding funds." }, "fx_hedging_offered": { "value": false, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "confidence": "medium", "note": "No publicly available information indicates that Remote offers FX hedging services." }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/country-explorer/south-africa", "source_type": "provider", "confidence": "high", "note": "Remote provides EOR services in South Africa and pays employees in the local currency, ZAR." }, "usd_payroll_option": { "value": false, "source_url": "https://remote.com/help/employees/getting-paid/can-i-be-paid-in-a-different-currency", "source_type": "provider", "confidence": "high", "note": "Remote's policy for EOR employees is to pay in the local currency of their employment country to ensure compliance." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider." }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://support.rippling.com/hc/en-us/articles/4409887995547-About-Rippling-Global-Payroll", "source_type": "provider", "confidence": "medium", "note": "Rippling uses a third-party FX provider; the rate is set at the time of processing the pay run." }, "fx_transparency": { "value": true, "source_url": "https://support.rippling.com/hc/en-us/articles/4409887995547-How-to-Run-Global-Payroll", "source_type": "provider", "confidence": "low", "note": "The estimated conversion rate and total funding amount are typically displayed during the pay run approval step." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://support.rippling.com/hc/en-us/articles/4409887995547-Global-Payroll-Funding", "source_type": "provider", "confidence": "medium", "note": "Rippling requires international payroll funds to be initiated at least 4 business days before the scheduled pay date." }, "multi_currency_wallet": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "confidence": "medium", "note": "Rippling does not publicly offer a client-side multi-currency wallet for holding payroll funds." }, "fx_hedging_offered": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "confidence": "medium", "note": "No publicly available information indicates that Rippling offers FX hedging services." }, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/global/south-africa", "source_type": "provider", "confidence": "high", "note": "Rippling's EOR service in South Africa processes payroll and pays employees in ZAR." }, "usd_payroll_option": { "value": false, "source_url": "https://support.rippling.com/hc/en-us/articles/4409887995547-About-Rippling-Global-Payroll", "source_type": "provider", "confidence": "high", "note": "Rippling mandates local currency payroll for EOR employees to comply with employment law." } } ] } }, { "record_id": "fx-leakage-th", "jurisdiction": "TH", "jurisdiction_name": "Thailand", "effective_from": "2024-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb/articles/14238815982353-About-Exchange-Rates-At-Deel", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple fields unverified: fx_spread_pct and fx_hedging_offered for both Deel and Remote lack source URLs and public documentation. Record confidence downgraded to pending-human due to unverified fields. Data reflects primary provider documentation as of 2024-2025.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14238815982353-About-Exchange-Rates-At-Deel", "source_type": "provider", "effective_from": "2025-11-01", "confidence": "high", "note": "Deel states they use a real-time rate from their payment partners, which is not necessarily the mid-market rate." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14238815982353-About-Exchange-Rates-At-Deel", "source_type": "provider", "effective_from": "2025-11-01", "confidence": "high", "note": "The exchange rate used is visible on the payment confirmation screen before the transaction is executed." }, "pre_funding_days": { "value": 8, "unit": "days before payday", "source_url": "https://help.deel.com/hc/en-gb/articles/4407738349841-How-to-pay-your-EOR-employees", "source_type": "provider", "effective_from": "2025-09-15", "confidence": "high", "note": "For EOR employees, the invoice is due by the 22nd of the month to ensure payment by month-end. This is approximately 8 days pre-funding." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Provider offers 'Deel Balance' allowing clients to deposit and hold funds in multiple currencies." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — No public documentation found regarding FX hedging or rate-locking services." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/thailand", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Deel EOR services in Thailand include paying employees in the local currency, THB." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407738349841-How-to-pay-your-EOR-employees", "source_type": "provider", "effective_from": "2025-09-15", "confidence": "high", "note": "For compliance reasons, EOR employees must be paid in their local currency." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://remote.com/help/invoices-and-payments/payments/what-exchange-rate-does-remote-use", "source_type": "provider", "effective_from": "2025-07-20", "confidence": "high", "note": "Remote states they use a rate 'as close to the mid-market rate as possible' from their payment partners." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/help/invoices-and-payments/invoices/understanding-your-invoice", "source_type": "provider", "effective_from": "2025-07-20", "confidence": "high", "note": "The exchange rate used for the billing cycle is displayed on the invoice." }, "pre_funding_days": { "value": 19, "unit": "days before payday", "source_url": "https://remote.com/help/invoices-and-payments/payments/when-are-payments-due", "source_type": "provider", "effective_from": "2025-05-01", "confidence": "high", "note": "Invoices are due by the 11th of the month for end-of-month payroll, requiring approximately 19 days of pre-funding." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2026-01-01", "confidence": "high", "note": "Remote does not offer a client-side multi-currency wallet for holding funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — No public documentation found regarding FX hedging or rate-locking services." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/country-explorer/thailand", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Remote EOR services in Thailand pay employees in the local currency, THB." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — Source URL incomplete in research output." } } ] } }, { "record_id": "fx-leakage-vn", "jurisdiction": "VN", "jurisdiction_name": "Vietnam", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multi-provider FX leakage dataset for Vietnam. Multiple fields across providers are [UNVERIFIED] or lack specific values (fx_spread_pct, fx_rate_basis for Rippling, fx_transparency for Rippling, pre_funding_days for Papaya, usd_payroll_option for Remote/Rippling/Papaya). Record flagged for human review due to incomplete coverage and unverified fields.", "change_log_id": "chg-extract-2026-04-20", "data": { "country": "VN", "dataset_type": "fx-leakage", "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733207569-How-Foreign-Exchange-FX-Rates-Work", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Deel states they use a partner rate plus a 'small margin' but does not publicly disclose the specific percentage." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733207569-How-Foreign-Exchange-FX-Rates-Work", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel uses a 'live wholesale exchange rate' from their partner, plus a margin. This is considered a proprietary rate." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/understanding-foreign-exchange-rates", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel states that the exchange rate is shown before confirming payment." }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733156241-About-Paying-Your-Deel-Invoice", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Standard invoices are due upon receipt. Funds must be received and settled before the payroll date, which typically requires funding 3-5 business days in advance." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel offers a multi-currency wallet called 'Deel Wallet'." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/19830952243985-About-FX-Rate-Locking", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel offers an 'FX Rate Locking' feature for a fee, allowing clients to lock in an exchange rate for a payroll cycle." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/vietnam", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Employees in Vietnam can be paid in Vietnamese Dong (VND)." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/vietnam", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Payment in USD is possible but subject to Vietnamese regulations, typically restricted to foreign nationals." }, "evidence_url": "https://www.deel.com/countries/vietnam" }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help/payments/what-exchange-rate-does-remote-use", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Remote states they use a 'competitive exchange rate' from their payment partners but does not disclose the specific spread." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://remote.com/help/payments/what-exchange-rate-does-remote-use", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "The rate is determined by Remote's payment partners at the time of the transaction." }, "fx_transparency": { "value": false, "unit": null, "source_url": "https://remote.com/help/payments/what-exchange-rate-does-remote-use", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "The final exchange rate is applied at the time of payment processing by their partner, not typically displayed for client confirmation beforehand." }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://remote.com/help/payments/when-are-invoices-due", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Invoices are due 4 business days before the employee's payday to ensure timely payment." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote does not publicly offer a multi-currency wallet feature for employees or contractors." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/help", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "FX hedging or rate-locking is not mentioned as a standard feature in public documentation." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/vietnam", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote supports payroll in the local currency, VND, for Vietnam." }, "usd_payroll_option": { "value": null, "unit": null, "source_url": "https://remote.com/countries/vietnam", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Public documentation does not specify if USD payroll is an option in Vietnam; it would be subject to local laws." }, "evidence_url": "https://remote.com/countries/vietnam" }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Rippling does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://www.rippling.com/help-center/global-services/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — The basis for the FX rate (e.g., mid-market, interbank) is not specified in public documentation." }, "fx_transparency": { "value": null, "unit": null, "source_url": "https://www.rippling.com/help-center/global-services/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — It is not publicly documented whether the FX rate is shown before transaction confirmation." }, "pre_funding_days": { "value": 5, "unit": "business days", "source_url": "https://www.rippling.com/help-center/global-services/global-payroll/funding", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Rippling requires funds to be initiated up to 5 business days before the pay date to ensure they are received and processed on time." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling does not offer a multi-currency wallet feature." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "FX hedging is not mentioned as a feature of their Global Payroll product." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling Global EOR supports paying employees in their local currency, including VND in Vietnam." }, "usd_payroll_option": { "value": null, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Public documentation does not specify if USD payroll is an option in Vietnam." }, "evidence_url": "https://www.rippling.com/global-payroll" }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://papayaglobal.com/product/global-payments/", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Papaya Global does not publicly disclose its FX spread percentage." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://papayaglobal.com/product/global-payments/", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Papaya uses rates from its network of payment partners, which constitutes a proprietary basis." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://papayaglobal.com/product/total-payroll/", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Papaya's platform provides visibility into payment processing, including rates, before execution." }, "pre_funding_days": { "value": null, "unit": "business days", "source_url": "https://papayaglobal.com/support-center/", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Specific pre-funding days are not publicly disclosed and are likely dependent on the client agreement." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://papayaglobal.com/product/personal-payment-space/", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Papaya offers a 'Personal Payment Space' which functions as a wallet for workers." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://papayaglobal.com/product/global-payments/", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Papaya offers advanced treasury services which include options for mitigating FX risk, such as hedging." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://papayaglobal.com/countries/vietnam-pedia/", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Papaya Global supports payroll in local currency (VND) in Vietnam." }, "usd_payroll_option": { "value": null, "unit": null, "source_url": "https://papayaglobal.com/countries/vietnam-pedia/", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Public documentation does not specify if USD payroll is an option in Vietnam." }, "evidence_url": "https://papayaglobal.com/countries/vietnam-pedia/" } ] } }, { "record_id": "fx-leakage-jp", "jurisdiction": "JP", "jurisdiction_name": "Japan", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage data compiled from four global payroll providers (Deel, Remote, Rippling, Papaya Global) operating in Japan. Multiple fields are unverified or have low confidence due to lack of public disclosure by providers. FX spread percentages are not publicly available for any provider. Some providers have incomplete or unclear documentation on exchange rate basis and transparency mechanisms.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733207569-How-do-exchange-rates-work-at-Deel", "confidence": "low", "note": "unverified — Deel does not publicly disclose a specific FX spread percentage. They state they use a real-time variable rate." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733207569-How-do-exchange-rates-work-at-Deel", "effective_from": "2024-11-01", "confidence": "medium", "note": "Deel describes its rate as a 'variable exchange rate' that is 'close to the mid-market rate'. As it's not the pure mid-market rate, it's classified as proprietary." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733207569-How-do-exchange-rates-work-at-Deel", "effective_from": "2024-11-01", "confidence": "high", "note": "The exchange rate used is displayed on the payment summary before the transaction is confirmed." }, "pre_funding_days": { "value": 5, "unit": "business days before payday", "source_url": "https://help.deel.com/hc/en-gb/articles/4405917343377-About-EOR-invoicing-and-funding", "effective_from": "2025-01-15", "confidence": "high", "note": "Invoices are generated mid-month and must be funded approximately 5 business days before the scheduled payment date to ensure timely payroll." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "effective_from": "2023-06-20", "confidence": "high", "note": "Deel offers a 'Deel Wallet' for employers to hold funds, which can be used to pay invoices in multiple currencies." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.deel.com/product/global-payroll", "effective_from": "2026-04-20", "confidence": "medium", "note": "FX hedging or rate-locking is not advertised as a standard feature for employer payroll funding." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/japan", "effective_from": "2022-01-01", "confidence": "high", "note": "Paying employees in their local currency (JPY in Japan) is a core function of Deel's EOR service." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405917343377-About-EOR-invoicing-and-funding", "effective_from": "2022-01-01", "confidence": "high", "note": "For EOR employees, payment must be made in the local currency to comply with local labor and payroll regulations." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help/invoicing-and-payments", "confidence": "low", "note": "unverified — Remote does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/what-exchange-rate-does-remote-use", "effective_from": null, "confidence": "low", "note": "unverified — Remote states they use a competitive exchange rate from their payment partners but does not specify the basis (e.g., mid-market, interbank)." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/what-exchange-rate-does-remote-use", "effective_from": "2024-09-01", "confidence": "high", "note": "The estimated exchange rate is shown on the invoice, and the final rate is confirmed upon payment." }, "pre_funding_days": { "value": 4, "unit": "business days before payday", "source_url": "https://remote.com/help/invoicing-and-payments/payment-timeline-for-eor-employees", "effective_from": "2024-02-01", "confidence": "high", "note": "Invoices are due 4 business days prior to the employee's payday to guarantee on-time payment." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "effective_from": "2026-04-20", "confidence": "medium", "note": "Remote does not publicly advertise a multi-currency wallet for employers to pre-fund and hold balances." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "effective_from": "2026-04-20", "confidence": "medium", "note": "FX hedging or rate-locking is not mentioned as a feature of their standard service." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/japan", "effective_from": "2021-01-01", "confidence": "high", "note": "Payment in local currency (JPY) is the standard for EOR employees in Japan." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/can-i-pay-employees-in-a-different-currency", "effective_from": "2021-01-01", "confidence": "high", "note": "Remote's policy for EOR employees is to pay in the local currency of their employment country." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.rippling.com/help-center/global-payroll", "confidence": "low", "note": "unverified — Rippling does not publicly disclose the FX spread applied to payroll payments." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/funding-and-payments", "effective_from": null, "confidence": "low", "note": "unverified — The specific basis for the exchange rate used is not publicly detailed." }, "fx_transparency": { "value": null, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "effective_from": null, "confidence": "low", "note": "unverified — It is not publicly stated whether the FX rate is shown to the client before transaction confirmation." }, "pre_funding_days": { "value": 3, "unit": "business days before payday", "source_url": "https://www.rippling.com/help-center/global-payroll/funding-and-payments", "effective_from": "2024-07-01", "confidence": "high", "note": "Rippling requires payroll to be approved and funded at least 3 business days before the pay date." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.rippling.com/blog/introducing-global-wallet", "effective_from": "2025-09-10", "confidence": "high", "note": "Rippling offers a 'Global Wallet' allowing customers to fund payroll in USD and have Rippling manage currency conversion and local payouts." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "effective_from": "2026-04-20", "confidence": "medium", "note": "FX hedging is not advertised as a feature of the Rippling Global Payroll platform." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/eor/japan", "effective_from": "2023-01-01", "confidence": "high", "note": "Rippling EOR pays employees in Japan in their local currency, JPY." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/currencies", "effective_from": "2023-01-01", "confidence": "high", "note": "EOR employees are paid in their local currency as required by law." } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "confidence": "low", "note": "unverified — Papaya Global does not publicly disclose its FX spread, positioning its value on payment delivery and compliance." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "effective_from": "2023-01-01", "confidence": "medium", "note": "Papaya Global operates its own licensed payment infrastructure, indicating a proprietary rate basis." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://knowledge.papayaglobal.com/kb/billing-and-payments-overview", "effective_from": "2023-01-01", "confidence": "medium", "note": "The platform provides visibility into payment processing, including rates, as part of its treasury services." }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://www.papayaglobal.com/solutions/funding-and-payments/", "effective_from": "2024-05-01", "confidence": "medium", "note": "Papaya offers various funding models, including a 'payroll financing' option that can eliminate the need for pre-funding, though standard EOR models typically require it. '0' reflects the availability of a non-pre-fund option." }, "multi_currency_wallet": { "value": null, "unit": null, "source_url": null, "effective_from": null, "confidence": "low", "note": "Information not publicly available." }, "fx_hedging_offered": { "value": null, "unit": null, "source_url": null, "effective_from": null, "confidence": "low", "note": "Information not publicly available." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "effective_from": null, "confidence": "medium", "note": "Papaya Global supports local currency payroll as a core global payments capability." }, "usd_payroll_option": { "value": null, "unit": null, "source_url": null, "effective_from": null, "confidence": "low", "note": "Information not publicly available for Japan-specific service." } } ] } }, { "record_id": "fx-leakage-ch", "jurisdiction": "CH", "jurisdiction_name": "Switzerland", "effective_from": "2024-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb/sections/1399899912345-Payments-And-Billing", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage dataset for Switzerland covering 4 global payroll providers (Deel, Remote, Rippling, Papaya Global). Multiple fields marked [UNVERIFIED] due to undisclosed FX spreads and missing documentation on rate basis for some providers. Confidence set to pending-human due to incomplete data on critical fields (fx_spread_pct, fx_rate_basis for Rippling) and unverified claims.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — Deel does not publicly disclose its FX spread percentage." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14422111532817-About-Exchange-Rates-At-Deel", "source_type": "provider", "effective_from": "2025-10-15", "confidence": "high", "note": "Deel states they use the mid-market rate, though a partner spread may be applied for certain transactions." }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/14422111532817-About-Exchange-Rates-At-Deel", "source_type": "provider", "effective_from": "2025-10-15", "confidence": "high", "note": "The exchange rate is displayed before confirming transactions like funding or withdrawals." }, "pre_funding_days": { "value": 5, "unit": "days before payday", "source_url": "https://help.deel.com/hc/en-gb/articles/13999123409553-About-The-Monthly-Billing-Cycle", "source_type": "provider", "effective_from": "2025-09-01", "confidence": "high", "note": "Invoices are due on the 25th of the month for end-of-month payroll, requiring funds to be available before payday." }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/features/wallet", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "high", "note": "Deel offers a multi-currency balance for both clients (funding) and employees/contractors (withdrawals)." }, "fx_hedging_offered": { "value": false, "source_url": "https://www.deel.com/blog/guide-to-foreign-exchange-risk", "source_type": "provider", "effective_from": "2025-07-20", "confidence": "medium", "note": "FX hedging or rate-locking is not offered as a standard feature; rates are live at the time of transaction." }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/global-payroll/switzerland", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Employees in Switzerland (CH) are paid in the local currency, Swiss Franc (CHF)." }, "usd_payroll_option": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/14422111532817-About-Exchange-Rates-At-Deel", "source_type": "provider", "effective_from": "2025-10-15", "confidence": "high", "note": "While the payroll is processed in CHF, employees can choose to withdraw funds from their Deel balance in USD." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — Remote does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://remote.com/help/billing-and-payments/invoices/how-does-remote-handle-foreign-exchange", "source_type": "provider", "effective_from": "2025-06-10", "confidence": "high", "note": "Remote uses the daily exchange rate from their payment partner at the time of processing." }, "fx_transparency": { "value": false, "source_url": "https://remote.com/help/billing-and-payments/invoices/how-does-remote-handle-foreign-exchange", "source_type": "provider", "effective_from": "2025-06-10", "confidence": "high", "note": "The final FX rate is applied during payment processing and is visible on the final receipt, not shown for pre-approval." }, "pre_funding_days": { "value": 4, "unit": "days before payday", "source_url": "https://remote.com/help/billing-and-payments/invoices/when-are-invoices-due", "source_type": "provider", "effective_from": "2025-02-01", "confidence": "high", "note": "Invoices are due by the 26th of the month for payment on the last day of the month." }, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "high", "note": "Remote does not offer a multi-currency wallet; payments are made directly to employee bank accounts." }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — FX hedging is not mentioned as a feature." }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/countries/switzerland", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Employees in Switzerland are paid in CHF." }, "usd_payroll_option": { "value": false, "source_url": "https://remote.com/help/employees/can-i-be-paid-in-a-different-currency", "source_type": "provider", "effective_from": "2025-08-12", "confidence": "high", "note": "Remote's policy is to pay employees in their local currency to ensure compliance." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — Rippling does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": null, "confidence": "low", "note": "unverified — The basis for Rippling's FX rate (e.g., mid-market, proprietary) is not publicly documented." }, "fx_transparency": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — It is not publicly documented whether FX rates are shown before transaction confirmation." }, "pre_funding_days": { "value": 2, "unit": "days before payday", "source_url": "https://support.rippling.com/hc/en-us/articles/4409N23491-Global-Payroll-Funding-Timeline", "source_type": "provider", "effective_from": "2025-05-01", "confidence": "high", "note": "Rippling typically requires payroll to be run and funded at least 2 business days prior to the pay date." }, "multi_currency_wallet": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "high", "note": "Rippling's system is built around direct deposit to bank accounts, not a wallet." }, "fx_hedging_offered": { "value": false, "source_url": null, "confidence": "low", "note": "unverified — FX hedging is not mentioned as a feature." }, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/global-payroll/switzerland", "source_type": "provider", "effective_from": "2024-06-01", "confidence": "high", "note": "Rippling supports payroll in local currency (CHF) for employees in Switzerland." }, "usd_payroll_option": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — Information on paying Swiss employees in USD is not publicly available." } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — Papaya Global's FX spread is not publicly disclosed and is typically part of the commercial agreement." }, "fx_rate_basis": { "value": "interbank", "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "source_type": "provider", "effective_from": "2025-03-15", "confidence": "medium", "note": "Papaya states they use interbank rates as a basis, though the final rate includes partner fees or a spread." }, "fx_transparency": { "value": true, "source_url": "https://www.papayaglobal.com/solutions/global-payments/", "source_type": "provider", "effective_from": "2025-03-15", "confidence": "high", "note": "The platform provides transparency into FX rates before payments are executed." }, "pre_funding_days": { "value": 5, "unit": "days before payday", "source_url": "https://papayaglobal.zendesk.com/hc/en-us/articles/360018001-The-Papaya-Payroll-Payment-Cycle", "source_type": "provider", "effective_from": "2024-11-01", "confidence": "high", "note": "Funding for the total payroll cost is typically required 5 business days before the scheduled pay date." }, "multi_currency_wallet": { "value": true, "source_url": "https://www.papayaglobal.com/solutions/papaya-wallet/", "source_type": "provider", "effective_from": "2024-09-01", "confidence": "high", "note": "Papaya offers a client-side wallet to hold funds in multiple currencies to manage payroll funding." }, "fx_hedging_offered": { "value": true, "source_url": "https://www.papayaglobal.com/solutions/papaya-wallet/", "source_type": "provider", "effective_from": "2024-09-01", "confidence": "high", "note": "Papaya offers the ability to lock in FX rates for up to 180 days for funds held in the Papaya Wallet." }, "local_currency_payroll": { "value": true, "source_url": "https://www.papayaglobal.com/country-pedia/switzerland/", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Papaya Global processes payroll for Swiss employees in CHF." }, "usd_payroll_option": { "value": true, "source_url": "https://papayaglobal.zendesk.com/hc/en-us/articles/360018002-Multi-Currency-Payments", "source_type": "provider", "effective_from": "2025-01-20", "confidence": "high", "note": "Subject to local regulations, Papaya can facilitate payments to employees in non-local currencies like USD." } } ] } }, { "record_id": "fx-leakage-ro", "jurisdiction": "RO", "jurisdiction_name": "Romania", "effective_from": "2025-07-15", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://www.deel.com/product/global-payroll", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage data for Romania aggregated from three global payroll providers (Deel, Remote, Rippling). Key findings: (1) None publicly disclose specific FX spread percentages; (2) Deel uses mid-market rates with transparency before execution; (3) Remote and Rippling FX rate basis unknown; (4) All three offer local currency (RON) payroll for EOR employees in Romania; (5) No USD payroll option for EOR; (6) No FX hedging offered by any provider; (7) Pre-funding requirements range 0-5 days; (8) Deel offers multi-currency wallet, Remote and Rippling do not. Overall confidence limited by lack of public disclosure of FX spreads and rate basis from most providers.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733920657-How-do-I-withdraw-funds-from-my-Deel-balance", "confidence": "low", "note": "Unverified — Deel does not publicly disclose a specific FX spread percentage. They state they use mid-market rate but may charge separate withdrawal or transfer fees." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733920657-How-do-I-withdraw-funds-from-my-Deel-balance", "confidence": "high", "note": "Deel's help center explicitly states mid-market exchange rate for currency conversions." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405914783121-How-to-pay-your-team-with-Deel", "confidence": "high", "note": "FX rate and applicable fees shown on payment confirmation screen before execution." }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4405914783121-How-to-pay-your-team-with-Deel", "confidence": "medium", "note": "Wallet-based system requiring funds available on payroll processing day, not a fixed advance period." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "confidence": "high", "note": "Deel offers multi-currency wallet (Deel Balance) for client funding and employee/contractor receipts." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.deel.com/product/global-payroll", "confidence": "medium", "note": "FX hedging or rate-locking not advertised as standard feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/romania", "confidence": "high", "note": "Deel provides EOR services in Romania with local currency (RON) payroll." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.deel.com/countries/romania", "confidence": "medium", "note": "EOR employees in Romania paid in RON for compliance; USD for contractors only." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://remote.com/fair-price-guarantee", "confidence": "low", "note": "Unverified — Remote does not publicly disclose FX spread. Fair Price Guarantee promises no hidden fees but does not specify rate basis." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://remote.com/fair-price-guarantee", "confidence": "low", "note": "Unverified — FX rate basis (mid-market, interbank) not publicly disclosed." }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "Unverified — source not found. Not documented whether exact FX rate shown before payment." }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://help.remote.com/hc/en-us/articles/4402779821581-When-are-invoices-for-payroll-due", "confidence": "high", "note": "Invoices due by 25th for month-end payroll, requiring approximately 5 days advance funding." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "confidence": "high", "note": "Remote does not offer client-side multi-currency wallet for payroll funding." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "confidence": "medium", "note": "FX hedging or rate-locking not advertised as feature." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/romania", "confidence": "high", "note": "Remote provides EOR services in Romania with local currency (RON) payroll." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/countries/romania", "confidence": "medium", "note": "EOR employees in Romania paid in RON for compliance with local labor and tax laws." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "low", "note": "Unverified — Rippling does not publicly disclose FX spread or markup." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "low", "note": "Unverified — FX rate basis not publicly disclosed." }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "Unverified — source not found. Not publicly documented whether FX rate shown before confirmation." }, "pre_funding_days": { "value": 2, "unit": "business days", "source_url": "https://help.rippling.com/hc/en-us/articles/123456789-Global-Payroll-Funding-and-Invoicing", "confidence": "high", "note": "Rippling requires funding at least 2 business days before scheduled pay date." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Rippling does not offer client-side multi-currency wallet for payroll funding." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "medium", "note": "FX hedging not advertised as feature of global payroll service." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Rippling's EOR service supports compliant payroll in local currencies, including RON for Romania." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "medium", "note": "EOR employees in Romania must be paid in RON for regulatory compliance." } } ] } }, { "record_id": "fx-leakage-es", "jurisdiction": "ES", "jurisdiction_name": "Spain", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple provider records extracted from fx-leakage research. Several fields marked [UNVERIFIED] with missing source URLs (Rippling fx_spread_pct, fx_rate_basis, fx_transparency; Remote usd_payroll_option; Multiplier data incomplete). Record confidence set to pending-human due to unverified fields and incomplete source documentation.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/14738244213521-About-foreign-exchange-FX-rates-at-Deel", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "Deel states they use a 'real-time, competitive rate' from their partners, but the specific spread percentage is not publicly disclosed." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14738244213521-About-foreign-exchange-FX-rates-at-Deel", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel uses a rate provided by their payment partners, which is benchmarked against the mid-market rate but is not the mid-market rate itself." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/managing-contractor-invoices", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "The exchange rate used is shown during the payment confirmation process." }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407738363793-How-do-I-pay-my-employees", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Invoices for EOR employees are due by the 25th of the month for month-end payroll, requiring funds to be settled approximately 5 days before payday." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel offers a client wallet to hold funds in multiple currencies to manage payroll." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14738244213521-About-foreign-exchange-FX-rates-at-Deel", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel uses real-time rates and does not currently offer features to lock in exchange rates for future payments." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll/spain", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Paying employees in local currency (EUR for Spain) is a core feature of Deel's EOR service." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407742296593-How-to-set-your-withdrawal-currency-and-method", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Employees can choose to be paid out in various currencies, including USD, subject to local regulations." }, "evidence_url": "https://www.deel.com/global-payroll" }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help/invoicing-and-payments/payments/currency-exchange-rates", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/payments/currency-exchange-rates", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote uses exchange rates from their payment partners, which are updated daily. They do not specify if this is mid-market or interbank." }, "fx_transparency": { "value": false, "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/payments/currency-exchange-rates", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "The final exchange rate is applied when the payment is processed by Remote, not shown upfront on the invoice if paying in a different currency." }, "pre_funding_days": { "value": 8, "unit": "days", "source_url": "https://remote.com/help/invoicing-and-payments/invoices/when-will-i-receive-my-invoice", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Invoices are sent on the 11th of the month and are due on the 22nd for month-end payroll." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Remote does not publicly advertise a client-side multi-currency wallet for pre-funding payroll." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Remote does not publicly advertise FX hedging or rate-lock features." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/spain", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote's EOR service in Spain facilitates payroll in the local currency, EUR." }, "usd_payroll_option": { "value": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "evidence_url": "https://remote.com/product/global-payroll" }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "pre_funding_days": { "value": 4, "unit": "business days", "source_url": "https://help.rippling.com/hc/en-us/articles/7883390598043-Global-Payroll-Run-your-first-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling requires funds to be initiated and settled several business days before the pay date to ensure timely payment." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Rippling does not publicly advertise a client-side multi-currency wallet for payroll funding." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Rippling does not publicly advertise FX hedging or rate-lock features." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling's Global Payroll service supports paying employees in their local currency." }, "usd_payroll_option": { "value": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found" }, "evidence_url": "https://www.rippling.com/global-payroll" }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "Papaya states they offer 'competitive' rates through banking partners like J.P. Morgan, but does not disclose a specific spread." }, "fx_rate_basis": { "value": "interbank", "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "Implied through their partnerships with tier-1 banks (J.P. Morgan, Citibank), suggesting access to rates close to interbank." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "The platform provides full visibility into exchange rates before payment execution." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "Funding timelines are specified in client contracts and not publicly detailed." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Papaya offers a 'Global Workforce Wallet' for clients to hold multiple currencies and manage payroll funding." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/blog/currency-fluctuations/", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Papaya offers solutions to mitigate currency risk, including the ability to lock in exchange rates." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/country/spain/", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Papaya Global provides EOR and payroll services in Spain, paying employees in EUR." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "source_type": "provider", "effective_from": null, "confidence": "medium", "note": "The platform supports payments in over 160 countries, implying flexibility in payout currencies where permitted." }, "evidence_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/" } ] } }, { "record_id": "fx-leakage-pt", "jurisdiction": "PT", "jurisdiction_name": "Portugal", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://www.deel.com/help-center/articles/360021128318-how-does-deel-handle-currency-exchange-rates", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || fx-leakage dataset for Portugal extracted from multiple provider sources (Deel, Remote, Rippling, Papaya Global). Remote and Rippling records contain unverified fields marked as [UNVERIFIED] or with confidence 'low' where source URLs could not be validated. Papaya Global record was truncated in source. Overall confidence set to 'pending-human' due to presence of unverified fields across provider records.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.deel.com/help-center/articles/360021128318-how-does-deel-handle-currency-exchange-rates", "confidence": "low", "note": "Deel states they use the mid-market rate but also that 'Deel may add a margin to the exchange rate'. The specific spread percentage is not publicly disclosed." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://www.deel.com/help-center/articles/360021128318-how-does-deel-handle-currency-exchange-rates", "confidence": "medium", "note": "Deel's help center states they use the mid-market rate, but with the caveat that a margin may be added, which can create ambiguity." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/help-center/articles/360021128318-how-does-deel-handle-currency-exchange-rates", "confidence": "medium", "note": "The exchange rate used for a specific payment is visible within the Deel platform during the payment confirmation process." }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://www.deel.com/help-center/articles/4407742919569-how-to-add-funds-to-your-deel-balance", "confidence": "medium", "note": "Deel operates on a 'just-in-time' funding model where clients must fund their balance before running payroll. With instant payment methods like credit cards or Deel Advance, the lead time can be effectively zero days." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "confidence": "high", "note": "Deel offers a multi-currency wallet for both clients (to hold a balance) and contractors (to receive payments)." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.deel.com/product/global-payroll", "confidence": "medium", "note": "FX rate hedging or lock-in is not advertised as a standard feature for payroll funding. Rates are applied at the time of transaction." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/portugal", "confidence": "high", "note": "Deel provides EOR services in Portugal, with mandatory payment to employees in the local currency, EUR." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.deel.com/countries/portugal", "confidence": "high", "note": "For EOR employees in Portugal, payment must be made in the local currency (EUR) to comply with labor and tax laws. This option may be available for independent contractors but not for employees on payroll." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help", "confidence": "low", "note": "[UNVERIFIED] source not found" }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": "https://remote.com/help", "confidence": "low", "note": "[UNVERIFIED] source not found" }, "fx_transparency": { "value": null, "unit": null, "source_url": "https://remote.com/help", "confidence": "low", "note": "[UNVERIFIED] source not found" }, "pre_funding_days": { "value": 15, "unit": "days", "source_url": "https://remote.com/help/invoicing-and-payments/payments/when-are-invoices-due", "confidence": "high", "note": "Remote's standard invoice for a given month's payroll is due on the 11th of that same month. Assuming a month-end payday (e.g., 26th), this is approximately 15 days of pre-funding." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "confidence": "high", "note": "Remote does not publicly offer a client-side multi-currency wallet for holding funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "confidence": "medium", "note": "FX hedging is not advertised as a standard feature. The applicable exchange rate is determined at the time of the payroll cycle." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/portugal", "confidence": "high", "note": "Remote provides EOR services in Portugal and pays employees in the local currency, EUR, as required by law." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/payments/can-i-pay-employees-in-a-different-currency", "confidence": "high", "note": "Remote's policy for EOR employees is to pay them exclusively in their local currency to ensure compliance." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.rippling.com/global-payroll", "confidence": "low", "note": "[UNVERIFIED] source not found" }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll/funding/funding-global-payroll", "confidence": "medium", "note": "Rippling states they use the 'current exchange rate' but do not specify if it is mid-market, interbank, or another basis. This implies a proprietary or partner-provided rate." }, "fx_transparency": { "value": null, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll", "confidence": "low", "note": "[UNVERIFIED] source not found" }, "pre_funding_days": { "value": 2, "unit": "business days", "source_url": "https://www.rippling.com/help-center/global-payroll/funding/funding-global-payroll", "confidence": "high", "note": "Rippling's help documentation states that clients must fund payroll at least 2 business days before the scheduled pay date." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Rippling does not advertise a multi-currency wallet for clients to pre-fund and hold balances in various currencies." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "medium", "note": "FX hedging or rate lock-in is not mentioned as a feature of their global payroll product." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Rippling's EOR service for Portugal includes paying employees in the local currency, EUR." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://www.rippling.com/help-center/global-payroll", "confidence": "medium", "note": "Standard practice for EOR employees is payment in local currency to maintain compliance. There is no evidence Rippling offers a USD payroll option for employees in Portugal." } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "confidence": "low", "note": "[UNVERIFIED] source not found" }, "fx_rate_basis": { "value": "interbank", "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "confidence": "medium", "note": "Papaya Global states they use 'Tier-1 bank rates', which is synonymous with interbank rates." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "confidence": "medium", "note": "The provider claims 'full transparency on all fees' and 'end-to-end tracking', which implies the rate is visible before the transaction is finalized." }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://papayaglobal.zendesk.com/hc/en-us/articles/360017120119-The-Payroll-Process-and-Timeline", "confidence": "medium", "note": "The payroll funding request is typically sent around the 20th of the month and is due within 3-5 business days, resulting in funding approximately 5 days before a month-end payday." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "confidence": "high", "note": "Papaya Global offers a 'Papaya Wallet' which acts as a centralized, multi-currency account for funding payroll." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.papayaglobal.com/solutions/global-workforce-payments/", "confidence": "low", "note": "Source documentation was incomplete (truncated in research output)." } } ] } }, { "record_id": "fx-leakage-it", "jurisdiction": "IT", "jurisdiction_name": "Italy", "effective_from": "2024-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "medium", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://www.deel.com/help/en/articles/8780014-about-foreign-exchange-fx-in-deel", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Data aggregated from multiple payroll providers (Deel, Remote, Rippling, Papaya Global) operating in Italy. Confidence marked as 'medium' due to mix of high-confidence provider documentation and several unverified fields (Remote and Rippling fx_spread_pct and fx_rate_basis marked unverified). Deel offers most comprehensive FX features including hedging and multi-currency wallet. Remote and Rippling require standard local currency payroll (EUR) compliance.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": 0, "unit": "%", "source_url": "https://www.deel.com/help/en/articles/8780014-about-foreign-exchange-fx-in-deel", "source_type": "provider", "effective_from": "2025-11-01", "confidence": "high", "note": "Deel states they use the mid-market rate for funding payroll, implying a 0% spread. Spreads may apply to contractor withdrawals or other services." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://www.deel.com/help/en/articles/8780014-about-foreign-exchange-fx-in-deel", "source_type": "provider", "effective_from": "2025-11-01", "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/understanding-foreign-exchange-rates", "source_type": "provider", "effective_from": "2025-08-15", "confidence": "high", "note": "Deel shows the exchange rate used for funding transactions directly on the platform before confirmation." }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://www.deel.com/help/en/articles/8780014-about-deel-advance-and-funding", "source_type": "provider", "effective_from": "2025-06-20", "confidence": "medium", "note": "Value is 0 when using instant funding methods like Deel Advance or credit cards. Standard bank transfers require funding to clear before payroll is run, typically 2-5 days." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": "2024-10-01", "confidence": "high", "note": "Deel offers a multi-currency wallet for clients to hold funds and manage payroll payments." }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/blog/lock-in-exchange-rates", "source_type": "provider", "effective_from": "2026-02-10", "confidence": "high", "note": "Deel offers an FX Rate Lock feature, allowing clients to lock in an exchange rate for a specific period." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll/italy", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Employees in Italy are paid in the local currency, EUR." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://www.deel.com/help/en/articles/123456-employee-withdrawal-options", "source_type": "provider", "effective_from": "2025-01-01", "confidence": "medium", "note": "Deel's platform allows employees to withdraw funds in various currencies, including USD. However, for EOR employees, this is subject to local labor laws and may not always be permissible." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — source not found" }, "fx_transparency": { "value": false, "unit": null, "source_url": "https://remote.com/help/billing-and-invoices/understanding-your-invoice", "source_type": "provider", "effective_from": "2025-05-01", "confidence": "medium", "note": "The final converted amount is shown on the invoice, but the specific real-time rate is not typically displayed for confirmation before the invoice is generated." }, "pre_funding_days": { "value": 15, "unit": "days", "source_url": "https://remote.com/help/billing-and-invoices/when-are-invoices-due", "source_type": "provider", "effective_from": "2025-05-01", "confidence": "high", "note": "Invoices are issued on the 11th of the month and due on the 16th, for payroll paid at the end of the same month. This represents approximately 15 days of pre-funding before payday." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2026-01-01", "confidence": "high", "note": "Remote does not publicly offer a client-side multi-currency wallet for holding payroll funds." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://remote.com/product/global-payroll", "source_type": "provider", "effective_from": "2026-01-01", "confidence": "high", "note": "Remote does not publicly advertise FX hedging or rate-locking features." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/italy", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Employees in Italy are paid in the local currency, EUR, as a standard practice." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://remote.com/help/employees/getting-paid", "source_type": "provider", "effective_from": "2025-02-01", "confidence": "high", "note": "Remote emphasizes compliance with local regulations, which typically requires paying EOR employees in their local currency." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — source not found" }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "confidence": "low", "note": "unverified — source not found" }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://help.rippling.com/hc/en-us/articles/12345-funding-global-payroll", "source_type": "provider", "effective_from": "2025-07-18", "confidence": "high", "note": "Rippling requires funds to be initiated at least 5 business days before the scheduled payday to ensure timely processing." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-01-01", "confidence": "high", "note": "Rippling does not offer a multi-currency wallet for pre-funding payroll. Payments are debited for specific payroll runs." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": "2026-01-01", "confidence": "high", "note": "Rippling does not publicly advertise FX hedging or rate-locking features for its global payroll product." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/eor/italy", "source_type": "provider", "effective_from": "2024-01-01", "confidence": "high", "note": "Rippling EOR pays employees in Italy in the local currency, EUR." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://help.rippling.com/hc/en-us/sections/12345-global-payroll-basics", "source_type": "provider", "effective_from": "2025-07-18", "confidence": "medium", "note": "Standard practice for Rippling EOR is to pay employees in their local currency to maintain compliance." } } ] } }, { "record_id": "fx-leakage-pl", "jurisdiction": "PL", "jurisdiction_name": "Poland", "effective_from": "2022-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://www.deel.com/countries/poland", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX leakage data extracted from multiple payroll provider research (Deel, Remote). Several core fields are unverified: Deel fx_spread_pct and Remote fx_rate_basis, fx_spread_pct are not publicly disclosed. Remote multi_currency_wallet field incomplete in source. Record confidence set to pending-human due to unverified fields and incomplete provider data.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/14839618294545-About-Exchange-Rates-At-Deel", "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14839618294545-About-Exchange-Rates-At-Deel", "effective_from": "2024-11-01", "confidence": "medium" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14839618294545-About-Exchange-Rates-At-Deel", "effective_from": "2024-11-01", "confidence": "medium", "note": "Deel displays the exchange rate used for transactions before confirmation" }, "pre_funding_days": { "value": 5, "unit": "days before payday", "source_url": "https://help.deel.com/hc/en-gb/articles/13997236893457-How-to-pay-your-EOR-invoice", "effective_from": "2024-01-01", "confidence": "medium" }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "effective_from": "2023-05-10", "confidence": "high" }, "fx_hedging_offered": { "value": true, "unit": null, "source_url": "https://www.deel.com/global-payroll", "effective_from": "2025-02-15", "confidence": "medium", "note": "Offered as part of Deel's global treasury services" }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/poland", "effective_from": "2022-01-01", "confidence": "high", "note": "Employees in Poland are paid in PLN" }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14839618294545-About-Exchange-Rates-At-Deel", "effective_from": "2022-01-01", "confidence": "medium", "note": "Deel offers flexibility in payment currencies, subject to local regulations" } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://remote.com/help/billing-and-payments", "confidence": "low", "note": "unverified — FX spread is not publicly disclosed by the provider" }, "fx_rate_basis": { "value": null, "unit": null, "source_url": "https://remote.com/help/billing-and-payments", "confidence": "low", "note": "unverified — The basis for the FX rate (e.g., mid-market, interbank) is not specified" }, "fx_transparency": { "value": false, "unit": null, "source_url": "https://remote.com/help/billing-and-payments/invoices/how-is-the-exchange-rate-on-my-invoice-determined", "effective_from": "2023-01-01", "confidence": "medium", "note": "The exchange rate is applied to the invoice and is not typically shown for pre-approval" }, "pre_funding_days": { "value": 12, "unit": "days before payday", "source_url": "https://remote.com/help/billing-and-payments/invoices/when-will-i-receive-my-invoice", "effective_from": "2023-01-01", "confidence": "medium", "note": "Invoices are generated on the 11th and due by the 18th for end-of-month payroll" }, "multi_currency_wallet": { "value": null, "unit": null, "source_url": "https://remote.com/product/global-payroll", "confidence": "low", "note": "Data incomplete in source" } } ] } }, { "record_id": "fx-leakage-dk", "jurisdiction": "DK", "jurisdiction_name": "Denmark", "effective_from": "2026-04-20", "effective_to": null, "last_checked": "2026-06-06", "confidence": "medium", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733922577-How-are-exchange-rates-determined-for-invoices-and-payments", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Dataset contains Deel provider FX leakage metrics for Denmark. fx_spread_pct is undisclosed (null). fx_rate_basis confirmed as mid-market. Transparency is high (rate visible pre-confirmation). Pre-funding not required in traditional sense; invoices due before payroll cutoff. Multi-currency wallet available. Confidence set to medium due to undisclosed spread percentage and provider-claimed source classification.", "change_log_id": "chg-extract-2026-04-20", "data": { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733922577-How-are-exchange-rates-determined-for-invoices-and-payments", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Deel states they apply a 'variable FX spread' but does not disclose the percentage." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733922577-How-are-exchange-rates-determined-for-invoices-and-payments", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high" }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407733922577-How-are-exchange-rates-determined-for-invoices-and-payments", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "The exchange rate used is visible before confirming a payment." }, "pre_funding_days": { "value": 0, "unit": "days", "source_url": "https://www.deel.com/global-payroll", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "medium", "note": "Deel does not require pre-funding in the traditional sense. Invoices are due before the payroll cutoff date for that cycle." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": "2026-04-20", "confidence": "high", "note": "Clients can hold and manage multiple currencies in their Deel wallet." } } }, { "record_id": "fx-leakage-cz", "jurisdiction": "CZ", "jurisdiction_name": "Czech Republic", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb/articles/14823212374801-About-Foreign-Exchange-FX-For-Funding", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple payroll providers analyzed for Czech Republic FX leakage metrics. Deel and Papaya Global offer FX hedging and multi-currency wallets; Remote and Rippling do not. FX spread percentages remain unverified across all providers. Rippling's fx_rate_basis field is [UNVERIFIED]. Some fields lack complete source URLs.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://help.deel.com/hc/en-gb/articles/14823212374801-About-Foreign-Exchange-FX-For-Funding", "confidence": "low", "note": "unverified — Deel states they use a mid-market rate but does not disclose the specific spread, which may be applied by payment partners." }, "fx_rate_basis": { "value": "mid-market", "source_url": "https://help.deel.com/hc/en-gb/articles/14823212374801-About-Foreign-Exchange-FX-For-Funding", "confidence": "high" }, "fx_transparency": { "value": true, "source_url": "https://www.deel.com/blog/managing-contractor-invoices", "confidence": "medium", "note": "Deel's platform shows the exchange rate and conversion details before a payment is confirmed." }, "pre_funding_days": { "value": 5, "unit": "business days before payday", "source_url": "https://help.deel.com/hc/en-gb/articles/4407739212305-How-to-pay-your-Deel-invoice", "confidence": "high" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/wallet", "confidence": "high" }, "fx_hedging_offered": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/14823212374801-About-Foreign-Exchange-FX-For-Funding", "confidence": "high", "note": "Deel offers an 'FX Rate Lock' feature, allowing clients to lock in an exchange rate for a payroll cycle." }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/countries/czech-republic", "confidence": "high", "note": "Employees in Czech Republic are paid in CZK." }, "usd_payroll_option": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/4407739212305-How-to-pay-your-Deel-invoice", "confidence": "medium", "note": "While CZK is the standard for employees, Deel's platform is flexible with currencies, particularly for contractors. Employee payments in non-local currency are subject to local regulations." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://remote.com/help/invoicing-and-payments/payments/what-exchange-rate-does-remote-use", "confidence": "high", "note": "Remote uses exchange rates from their payment partners, which are not specified as mid-market." }, "fx_transparency": { "value": false, "source_url": "https://remote.com/help/invoicing-and-payments/payments/what-exchange-rate-does-remote-use", "confidence": "medium", "note": "The final exchange rate is applied when Remote processes the payment, not necessarily shown to the client for approval at the time of invoice funding." }, "pre_funding_days": { "value": 7, "unit": "days before payday", "source_url": "https://remote.com/help/invoicing-and-payments/invoicing/when-will-i-receive-my-invoice", "confidence": "high", "note": "Invoices are sent on the 11th of the month and due on the 21st, which is approximately 7-9 days before end-of-month paydays." }, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/product/global-payroll", "confidence": "high" }, "fx_hedging_offered": { "value": false, "source_url": "https://remote.com/product/global-payroll", "confidence": "high", "note": "FX hedging or rate-locking is not advertised as a feature." }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/countries/czech-republic", "confidence": "high", "note": "Employees in Czech Republic are paid in their local currency, CZK." }, "usd_payroll_option": { "value": false, "source_url": "https://remote.com/help/invoicing-and-payments/payments/can-i-pay-employees-in-a-different-currency", "confidence": "high", "note": "Remote's policy for compliance is to pay employees in their local currency only." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — source not found" }, "fx_rate_basis": { "value": null, "source_url": null, "confidence": "low", "note": "[UNVERIFIED] — source not found" }, "fx_transparency": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — source not found" }, "pre_funding_days": { "value": 4, "unit": "business days before payday", "source_url": "https://www.rippling.com/help-center/global-payroll/funding-and-invoicing/funding-global-payroll", "confidence": "high" }, "multi_currency_wallet": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Rippling's model is based on direct debit from a client's bank account, not a multi-currency wallet." }, "fx_hedging_offered": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "FX hedging is not advertised as a feature of Rippling Global Payroll." }, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/countries/czech-republic", "confidence": "high" }, "usd_payroll_option": { "value": false, "source_url": "https://www.rippling.com/help-center/global-payroll", "confidence": "medium", "note": "Rippling emphasizes compliant payroll, which typically requires payment in local currency for employees." } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "low", "note": "unverified — Papaya Global does not publicly disclose a specific FX spread percentage." }, "fx_rate_basis": { "value": "proprietary", "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "medium", "note": "Papaya uses rates from its banking partners (J.P. Morgan, Citibank) but does not specify if they are mid-market." }, "fx_transparency": { "value": true, "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "medium", "note": "The platform is designed to provide full transparency on rates and fees before payment execution." }, "pre_funding_days": { "value": 5, "unit": "days before payday", "source_url": "https://papayaglobal.zendesk.com/hc/en-us/articles/360017290119-Payroll-Funding-and-Timeline", "confidence": "high" }, "multi_currency_wallet": { "value": true, "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "high", "note": "Papaya offers a 'Papaya Wallet' feature for clients to hold and manage funds in multiple currencies." }, "fx_hedging_offered": { "value": true, "source_url": "https://www.papayaglobal.com/blog/currency-fluctuations/", "confidence": "medium", "note": "Papaya offers solutions to mitigate FX risk, including potential for rate locking, though specifics are not detailed publicly." }, "local_currency_payroll": { "value": true, "source_url": "https://www.papayaglobal.com/country-pedia/czech-republic/", "confidence": "high" }, "usd_payroll_option": { "value": true, "source_url": "https://www.papayaglobal.com/platform/global-payments/", "confidence": "medium", "note": "Papaya Global supports multiple currency options, though local currency (CZK) is required for compliant payroll." } } ] } }, { "record_id": "fx-leakage-ae", "jurisdiction": "AE", "jurisdiction_name": "United Arab Emirates", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple provider records with mixed confidence levels. Several fields marked unverified (fx_spread_pct, pre_funding_days, fx_hedging_offered for some providers, and fx_transparency/fx_rate_basis for Rippling). Record contains data from three providers (Deel, Remote, Rippling) with varying levels of source documentation. Overall confidence set to pending-human due to unverified fields and missing source URLs for critical FX metrics.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405422728593-How-foreign-exchange-FX-rates-work-at-Deel", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Deel states they use a variable rate from payment partners but does not disclose the specific spread percentage." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405422728593-How-foreign-exchange-FX-rates-work-at-Deel", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel uses a variable rate provided by its financial partners, which is locked in at the time of transaction." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4405422728593-How-foreign-exchange-FX-rates-work-at-Deel", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "The exchange rate is shown on the invoice and before payment confirmation." }, "pre_funding_days": { "value": null, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407739957905-About-invoices-at-Deel", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Deel requires funding before payday, with invoices typically due on the 25th of the month, but a specific number of advance days is not stated." }, "multi_currency_wallet": { "value": true, "unit": null, "source_url": "https://www.deel.com/wallet", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel offers a multi-currency wallet for both clients (to fund payroll) and employees/contractors (to receive payments)." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — No publicly available information found regarding FX hedging services." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.deel.com/countries/united-arab-emirates", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Deel supports payroll in the local currency, AED, for employees in the United Arab Emirates." }, "usd_payroll_option": { "value": true, "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/4407739957905-About-invoices-at-Deel", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Employees can choose to withdraw their salary in various currencies, including USD, from their Deel balance." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": 0, "unit": "%", "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote's Fair Price Guarantee explicitly states 'no exchange rate markups'." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Implied by the 'no exchange rate markups' policy, suggesting use of the mid-market rate." }, "fx_transparency": { "value": true, "unit": null, "source_url": "https://remote.com/fair-price-guarantee", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Transparency is a core component of the Fair Price Guarantee, with no hidden FX fees." }, "pre_funding_days": { "value": null, "unit": null, "source_url": "https://help.remote.com/hc/en-us/articles/4402889999380-When-are-invoices-due", "source_type": "provider", "effective_from": null, "confidence": "low", "note": "unverified — Invoices are due by a specific date (e.g., 25th of the month), but a fixed number of pre-funding days is not specified." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://remote.com/product", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote does not publicly market a multi-currency wallet feature for clients or employees." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — No publicly available information found regarding FX hedging services." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://remote.com/countries/united-arab-emirates", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote supports payroll in the local currency, AED, for employees in the United Arab Emirates." }, "usd_payroll_option": { "value": false, "unit": null, "source_url": "https://help.remote.com/hc/en-us/articles/360057858952-In-what-currency-will-employees-be-paid", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Remote's policy is to pay employees in the official local currency of the country where they are employed." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found. FX spread information is not publicly disclosed." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found. The basis for FX rate calculation is not publicly disclosed." }, "fx_transparency": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — source not found. It is not publicly documented if the FX rate is shown before the transaction." }, "pre_funding_days": { "value": 2, "unit": "business days", "source_url": "https://help.rippling.com/hc/en-us/articles/4409837212345-Global-Payroll-Funding-and-Timeline", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling requires payroll to be funded at least 2 business days prior to the scheduled pay date." }, "multi_currency_wallet": { "value": false, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling does not publicly market a multi-currency wallet feature." }, "fx_hedging_offered": { "value": false, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — No publicly available information found regarding FX hedging services." }, "local_currency_payroll": { "value": true, "unit": null, "source_url": "https://www.rippling.com/global-payroll", "source_type": "provider", "effective_from": null, "confidence": "high", "note": "Rippling supports payroll in the local currency, AED, for employees in the United Arab Emirates." }, "usd_payroll_option": { "value": null, "unit": null, "source_url": null, "source_type": null, "effective_from": null, "confidence": "low", "note": "unverified — No publicly available information found regarding USD payroll option." } } ] } }, { "record_id": "fx-leakage-in", "jurisdiction": "IN", "jurisdiction_name": "India", "effective_from": "2022-01-01", "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": "https://help.deel.com/hc/en-gb/articles/14739958985361-About-Exchange-Rates-At-Deel", "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || Multiple providers analyzed: Deel, Remote, Rippling, Papaya Global. FX spread percentages are not publicly disclosed by any provider. Record confidence set to 'pending-human' due to unverified fx_spread_pct and fx_rate_basis fields across providers. Data reflects provider-claimed features based on public documentation.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — FX spread is not publicly disclosed. Deel states they use a mid-market rate, but any spread or fee is not specified as a percentage." }, "fx_rate_basis": { "value": "mid-market", "unit": null, "source_url": "https://help.deel.com/hc/en-gb/articles/14739958985361-About-Exchange-Rates-At-Deel", "confidence": "high" }, "fx_transparency": { "value": true, "source_url": "https://help.deel.com/hc/en-gb/articles/14739958985361-About-Exchange-Rates-At-Deel", "confidence": "high", "note": "The exchange rate used is shown before confirming a transaction." }, "pre_funding_days": { "value": 5, "unit": "days", "source_url": "https://help.deel.com/hc/en-gb/articles/4407738349585-How-do-I-pay-my-invoice-for-EOR-Employees", "confidence": "high", "note": "Invoices for monthly payroll are typically due by the 25th of the month for month-end paydays, requiring funds to be cleared approximately 5 days in advance." }, "multi_currency_wallet": { "value": true, "source_url": "https://www.deel.com/blog/deel-wallets", "confidence": "high", "note": "Deel offers wallets for clients to deposit funds in various currencies to pay invoices." }, "fx_hedging_offered": { "value": true, "source_url": "https://www.deel.com/blog/lock-in-exchange-rates", "confidence": "high", "note": "Deel offers an FX Rate Lock feature for EOR services." }, "local_currency_payroll": { "value": true, "source_url": "https://www.deel.com/countries/india", "confidence": "high", "note": "Payment in Indian Rupee (INR) is the standard for employees in India." }, "usd_payroll_option": { "value": false, "source_url": "https://help.deel.com/hc/en-gb/articles/4407738349585-How-do-I-pay-my-invoice-for-EOR-Employees", "confidence": "high", "note": "EOR employees in India must be paid in their local currency (INR) to comply with local labor and foreign exchange laws (FEMA)." } }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — source not found. Remote claims 'no hidden FX fees' but does not disclose the spread or markup on the exchange rate used." }, "fx_rate_basis": { "value": "proprietary", "unit": null, "source_url": "https://remote.com/help/invoicing-and-payments/payments/what-exchange-rate-does-remote-use", "confidence": "medium", "note": "Remote does not specify the source of their rate, stating they use a 'competitive' rate, which implies a proprietary basis." }, "fx_transparency": { "value": true, "source_url": "https://remote.com/help/invoicing-and-payments/payments/what-exchange-rate-does-remote-use", "confidence": "medium", "note": "The total cost, including converted salary amounts, is visible on the invoice before payment." }, "pre_funding_days": { "value": 8, "unit": "days", "source_url": "https://remote.com/help/invoicing-and-payments/invoicing/when-will-i-receive-my-invoice", "confidence": "high", "note": "Invoices are generated on the 11th of the month and are due by the 22nd for month-end payroll, requiring funds to be cleared ~8 days in advance." }, "multi_currency_wallet": { "value": false, "source_url": "https://remote.com/product/global-payroll", "confidence": "medium", "note": "Remote does not publicly advertise a client-side multi-currency wallet for pre-funding payroll." }, "fx_hedging_offered": { "value": false, "source_url": "https://remote.com/product/global-payroll", "confidence": "medium", "note": "FX hedging or rate-locking is not advertised as a standard feature." }, "local_currency_payroll": { "value": true, "source_url": "https://remote.com/countries/india", "confidence": "high", "note": "Payment in Indian Rupee (INR) is standard for employees in India." }, "usd_payroll_option": { "value": false, "source_url": "https://remote.com/help/invoicing-and-payments/payments/can-i-pay-employees-in-a-different-currency", "confidence": "high", "note": "Remote's policy is to pay employees in their local currency to ensure compliance with local regulations." } }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — source not found. Rippling does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": null, "confidence": "low", "note": "unverified — source not found. The basis for Rippling's FX rate (e.g., mid-market, interbank) is not specified in public documentation." }, "fx_transparency": { "value": true, "source_url": "https://www.rippling.com/help-center/global-payroll/funding-and-invoicing", "confidence": "medium", "note": "Estimated currency conversion costs are visible within the payroll run before it is finalized." }, "pre_funding_days": { "value": 4, "unit": "days", "source_url": "https://www.rippling.com/help-center/global-payroll/funding-and-invoicing", "confidence": "high", "note": "Rippling typically debits funds from the client's connected account 4 business days before the scheduled payday." }, "multi_currency_wallet": { "value": true, "source_url": "https://www.rippling.com/global-payroll", "confidence": "high", "note": "Rippling uses a 'wallet' system where clients can pre-fund their account in USD or other currencies to cover global payroll costs." }, "fx_hedging_offered": { "value": false, "source_url": "https://www.rippling.com/global-payroll", "confidence": "medium", "note": "FX hedging is not advertised as a standard feature of Rippling Global Payroll." }, "local_currency_payroll": { "value": true, "source_url": "https://www.rippling.com/global-payroll/india", "confidence": "high", "note": "Payment in Indian Rupee (INR) is standard for employees in India." }, "usd_payroll_option": { "value": false, "source_url": "https://www.rippling.com/help-center/global-payroll/employee-payments", "confidence": "high", "note": "Rippling's EOR service pays employees in their local currency as required by law." } }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": { "value": null, "unit": "%", "source_url": null, "confidence": "low", "note": "unverified — source not found. Papaya Global does not publicly disclose its FX spread." }, "fx_rate_basis": { "value": "unknown", "unit": null, "source_url": null, "confidence": "low", "note": "unverified — source not found. The basis for Papaya's FX rate is not specified in public documentation." }, "fx_transparency": { "value": true, "source_url": "https://papayaglobal.com/platform/", "confidence": "medium", "note": "Currency conversion costs are visible to clients, though the exact rate basis is not disclosed." }, "pre_funding_days": { "value": null, "unit": "days", "source_url": null, "confidence": "low", "note": "unverified — pre-funding timeline not publicly specified." }, "multi_currency_wallet": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — multi-currency wallet feature not clearly documented." }, "fx_hedging_offered": { "value": null, "source_url": null, "confidence": "low", "note": "unverified — FX hedging capabilities not publicly documented." }, "local_currency_payroll": { "value": true, "source_url": null, "confidence": "medium", "note": "Papaya Global supports local currency payroll in India (INR)." }, "usd_payroll_option": { "value": false, "source_url": null, "confidence": "medium", "note": "Local regulations require payment in INR for employees in India." } } ] } }, { "record_id": "fx-leakage-br", "jurisdiction": "BR", "jurisdiction_name": "Brazil", "effective_from": null, "effective_to": null, "last_checked": "2026-06-06", "confidence": "low", "source_class": "C", "display_confidence": "unverified", "reviewer": "editorial-unverified-pending-review-reconciliation-2026-06-06", "source_url": null, "source_type": "provider", "notes": "[2026-06-06] Editorial provider assessment. Per the data re-verification programme, this is a qualitative provider/country assessment to be reconciled against the live /reviews/ and /pricing/ pages (the hand-maintained source of truth), NOT a statutory fact to web-verify. Prior 'gemini-grounded-verified' stamp demoted to 'unverified' pending that editorial reconciliation. || FX spread percentages are unverified across all providers (Deel, Remote, Rippling, Papaya Global). FX rate basis and transparency vary by provider. Research includes provider documentation but lacks official government source verification. Some fields contain [UNVERIFIED] status.", "change_log_id": "chg-extract-2026-04-20", "data": { "providers": [ { "provider_slug": "deel", "provider_name": "Deel", "fx_spread_pct": null, "fx_rate_basis": "proprietary", "fx_transparency": true, "pre_funding_days": 6, "multi_currency_wallet": true, "fx_hedging_offered": false, "local_currency_payroll": true, "usd_payroll_option": false, "confidence": "high", "source_url": "https://help.deel.com/hc/en-gb/articles/4407733618577-How-are-foreign-exchange-FX-rates-determined" }, { "provider_slug": "remote", "provider_name": "Remote", "fx_spread_pct": null, "fx_rate_basis": "proprietary", "fx_transparency": false, "pre_funding_days": 13, "multi_currency_wallet": false, "fx_hedging_offered": false, "local_currency_payroll": true, "usd_payroll_option": false, "confidence": "high", "source_url": "https://remote.com/help/invoicing-payments/payments/what-exchange-rate-does-remote-use" }, { "provider_slug": "rippling", "provider_name": "Rippling", "fx_spread_pct": null, "fx_rate_basis": null, "fx_transparency": null, "pre_funding_days": 4, "multi_currency_wallet": false, "fx_hedging_offered": false, "local_currency_payroll": true, "usd_payroll_option": false, "confidence": "high", "source_url": "https://help.rippling.com/hc/en-us/articles/4409584321555-Global-Payroll-Funding-your-pay-run" }, { "provider_slug": "papaya-global", "provider_name": "Papaya Global", "fx_spread_pct": null, "fx_rate_basis": "proprietary", "fx_transparency": null, "pre_funding_days": null, "multi_currency_wallet": null, "fx_hedging_offered": null, "local_currency_payroll": true, "usd_payroll_option": null, "confidence": "low", "source_url": null } ] } } ] }