🧳 Quick Guide: Meru for Expats in Paraguay
What it is (Meru) Fintech that gives you a U.S. bank account, virtual/physical cards, and support for global payments (PayPal, UpWork, Stripe, YouTube). ✅ Pros - Hold money in USD (avoid PYG inflation). - Get paid like in the U.S. (ACH, wire, SEPA). - Cards to spend online/in stores. - Free Meru-to-Meru transfers. - Crypto-friendly deposits. ⚠️ Cons - $20 fee for wires; ACH is slow. - Extra checks if inflows > $2,000. - Cards not live everywhere yet. - Support & tech issues reported. - Doesn’t replace a local PYG bank. 📑 Requirements - Apply online with passport/ID + proof of address. - No minimum balance. 💡 Tips - Use as a USD receiver, not your only bank. - Pair with a local Paraguayan account for bills. - Keep a backup card (e.g., Schwab). ✨ Bottom LineMeru is a handy USD bridge for freelancers and digital workers in Paraguay. Useful, but treat it as a secondary tool. Full article here: Complete guide Meru