We have Wise and used this as a workaround like you described. However, Paypal recently ”fixed” this loophole by charging 3% on USD to USD transfers. It’s insane. Have you found a way around this?
No and yes. We have a couple of thousand subscription customers using Paypal, which is a pain to switch. It's forcing us to look into other payment providers (like Stripe, which so far, doesn't appear to be evil like Paypal)