Bonsai ◆
Bonsai is an all-in-one business management platform for freelancers and service teams, covering CRM, proposals, contracts, invoicing, time tracking, and expenses.
from $9/user/mo
About Ruul
What does Ruul do?
Ruul simplifies getting paid across borders by generating professional invoices, processing payments in multiple currencies, and handling tax paperwork. It acts as a payment intermediary: you send an invoice through Ruul, the client pays via credit card or bank transfer, and Ruul handles currency conversion and tax compliance (like W-8BEN forms for US clients). You get paid in your local currency, and Ruul takes a fee per transaction.
Who is it for?
Best for freelancers, independent contractors, and remote workers who need compliant invoicing without setting up a company. Also used by businesses as an Agent of Record to manage contractor payouts with built-in checks, contracts, and tax forms. It is not for in-person services or industries restricted under FATF guidelines (e.g., gambling).
Real use cases
Freelancers working with international clients can send globally accepted invoices and receive payouts in one business day. Digital nomads managing multiple currencies can withdraw in 140 currencies, including crypto. Businesses like United Nations, McKinsey, and Toyota use Ruul to handle high-volume contractor payments seamlessly.
Key features
- Global Invoicing — Create and send invoices in multiple currencies with automatic tax handling, even without a registered company.
- Payment Processing — Accept credit cards, bank transfers, and local payment methods, with fast payouts in one business day.
- Tax Compliance — Generates W-8BEN, VAT, and other tax forms automatically, plus stores 1099s and receipts.
- Currency Conversion — Converts payments to your local currency in 140 currencies, including crypto payouts.
- Subscription Invoicing — Charge clients automatically with recurring or subscription payments.
- Early Pay — Access your earnings before your client pays to keep cash flow steady.
- Agent of Record — For businesses, Ruul becomes the legal counterparty, reducing compliance risk.
Ruul Pricing
Ruul pricing: from 5.0% per transaction. Billing model: Custom.
Pay-per-invoice plan
5.0% base commission fee on all transactions. Includes global invoicing, payment processing, tax compliance, currency conversion, and fast payouts. No monthly subscription.
Add-ons
Crypto withdrawal: +1.5% fee. Early Pay (get paid 30 days in advance): +3.5% fee. Bulk payout discounts available for businesses (contact sales).
No free trial, but no monthly fee—you only pay when you transact.
Frequently asked questions
Is Ruul free to use?
Ruul has no monthly subscription or setup fee. You only pay a 5.0% base commission per transaction. Some add-ons (crypto payouts, Early Pay) have extra fees.
How much does Ruul cost?
Ruul charges 5.0% per transaction. Crypto withdrawals add 1.5%, and Early Pay (30 days in advance) adds 3.5%. There are no monthly fees.
Who is Ruul best for?
Ruul is best for freelancers and independent contractors providing digital or knowledge-based services who need to invoice international clients and get paid without setting up a company. It is also used by businesses to manage contractor payouts as an Agent of Record.
How does Ruul work for freelancers?
You create a payment request and send a link to your client. Your client pays through the link without signing up. Ruul issues a business-ready invoice to your client, and you receive the funds within 1 business day.
What are the best alternatives to Ruul?
Popular alternatives include PayPal, Wise, Payoneer, Deel, and Stripe. Ruul stands out for its no-monthly-fee model, tax compliance automation (W-8BEN, VAT), and support for 140 currencies including crypto.
Does Ruul support crypto payouts?
Yes. Your client pays as usual, and you can withdraw your earnings in crypto. There is an additional 1.5% fee for crypto withdrawals.
