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.