Wise

Wise

43 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Wise	Score9.5 out of 10	N/A	Wise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.	$0.41 one-time fee

Pricing

Wise

ATM Fees over 100 USD per month: 2%
One time/%
Accounting Funding transactions: 2%
One time/%
Receiving USD wire payments: 4.14 USD
One time/%
Getting the Wise Debit card: 5 USD
One time/%
Getting account details in 10 currencies: 31 USD
One time/%
Sending money: From 0.41%
One time/%
Converting money: From 0.41%
One time/%

Pricing Offerings
Wise
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No

No setup fee

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Community Pulse
Key User Insights
	Wise
Considered Both Products	Wise (formerly TransferWise) Arpad Szucs Brand Designer \| UI, UX & Visual Designer in Marketing at WhiteX.Design (Design, 1-10 employees) Chose Wise Wise has great transfer fees, while Stripe has online payment options. We are using both services since Stripe can be connected to our invoicing platform, and our clients can pay us with a few clicks. Wise, as far as I know, does not offer such integration, and all transfers … Incentivized Helpful? Faisal Ahmed Frontend Web Developer in Information Technology at Upwork (Internet, 10,001+ employees) Chose Wise I used all of them and some more like Skrill, Neteller. Wise just worked better for me in most cases. Also, I use Payoneer a lot. When I started freelancing I was only using Payoneer, so it's been with me forever. But Wise worked pretty well for me, at least better than Remitly. Incentivized Helpful? Jenson Teo (赵俊杰） Business Development Director in Sales at RGF Professional Recruitment (Management Consulting, 51-200 employees) Chose Wise Apple Pay has high fees and hidden charges, not easy to use and it does not really support enterprises. It is also not regulated by MAS so we don't feel safe using it. Transferwise account was easy to set up (within minutes), the admin fee is low and the pricing is very … Incentivized Helpful? Verified User Chose Wise Stripe is good and convenient as well. However to setup something more in-depth as an invoicing platform, Stripe definitely is more flexible. The only downside to Stripe is.. It takes a higher transfer fee as compared to TransferWise. Incentivized Helpful? Connie Lovato Controller in Finance and Accounting at Petersons LLC (Education Management, 11-50 employees) Chose Wise Transferwise is less expensive. Incentivized Helpful? Verified User Chose Wise With Revolut, taxes are lower (even for free) for small number of transfers and small amounts. It all depends on the individual needs. However, Revolut is worse with regards to user experience and interface, what is something to consider (specially when dealing with the upload … Incentivized Helpful? Elaine Smith Producing Artistic Director in Corporate at Clamour Theatre Company (Entertainment, 1-10 employees) Chose Wise We considered PayPal payment, ACH bank transfer, and simply mailing a check. TransferWise's fees were much lower than PayPal and our bank. Postage might have been less than TransferWise's fee, but payment could have taken more than a week rather than hours (or days in the case … Incentivized Helpful? Jason Rutel Creative Director & Owner in Corporate at Creative Nomads (Marketing & Advertising, 1-10 employees) Chose Wise TransferWise beats all the competition on transaction rates, and it's easy to use. I literally have found no drawbacks in using TransferWise to pay my overseas contractors, and they prefer it too. I found it because my contractor recommended it to me, and it's better AND … Incentivized Helpful? Verified User Chose Wise We have used Xoom and PayPal Payments, but TransferWise works for additional countries and has more transparent fees. Incentivized Helpful? Verified User Chose Wise We cannot send to certain locations that we need to, but with TransferWise we can. Incentivized Helpful? Dr Olivier Becherel - Leadership and Executive Coaching Mentor & Coach in Professional Services at Mastery To Success Pty Ltd (Professional Training & Coaching, 1-10 employees) Chose Wise TransferWise has lower transaction fees A better user interface--much cleaner, and simple to use Very simple and smooth process to transfer and receive money Incentivized Helpful? Verified User Chose Wise TransferWise was the only solution that we've found that will allow us to facilitate ACH payments that result in an overseas deposit. The fact that you can transfer money to TransferWise and that they can then make a local transfer is awesome. The fees are totally worth it with … Incentivized Helpful? Marcelo de Vasconcellos Senior Visual Designer in Research & Development at Oswaldo Cruz Foundation (Fundação Oswaldo Cruz) — Fiocruz (Research, 10,001+ employees) Chose Wise We had used bank transfers for several years, but TransferWise outdoes them in almost all aspects. It leaves out most of the bureaucracy, and it is agile and much cheaper. Also, TransferWise reliably sends messages as each step of the transaction is completed. Perhaps … Incentivized Helpful?
	Would buy again
	No answers on this topic
	Delivers good value for the price
	No answers on this topic
	Happy with the feature set
	No answers on this topic
	Lived up to sales and marketing promises
	No answers on this topic
	Implementation went as expected
No answers on this topic

User Ratings
	Wise
Likelihood to Recommend	9.0 (24 ratings)
Support Rating	10.0 (1 ratings)