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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Equifax Identity & Fraud

    Score8.6 out of 10
    N/AEquifax Identity & Fraud, based on technology acquired with Kount, offers fraud management, identity verification and online authentication technology for digital businesses, online merchants and payment service providers. The solution helps businesses approve more orders, uncover new revenue streams, and improve their bottom line while minimizing fraud management cost and losses.N/A

    Wise

    Score9.8 out of 10
    N/AWise, 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
    Equifax Identity & FraudWise
    Editions & Modules
    No answers on this topic
    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/%
    Offerings
    Pricing Offerings
    Equifax Identity & FraudWise
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Equifax Identity & FraudWise
    Considered Both Products
    Equifax
    No answer on this topic
    Wise (formerly TransferWise)
    No answer on this topic
    Key User Insights
    Would buy again
    88%
    Would buy again
    14 Answers
    96%
    Would buy again
    22 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    16 Answers
    96%
    Delivers good value for the price
    22 Answers
    Happy with the feature set
    94%
    Happy with the feature set
    15 Answers
    96%
    Happy with the feature set
    22 Answers
    Lived up to sales and marketing promises
    88%
    Lived up to sales and marketing promises
    14 Answers
    89%
    Lived up to sales and marketing promises
    17 Answers
    Implementation went as expected
    88%
    Implementation went as expected
    14 Answers
    100%
    Implementation went as expected
    18 Answers
    User Ratings
    Equifax Identity & FraudWise
    Likelihood to Recommend
    8.9
    (16 ratings)
    9.0
    (24 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    -
    (0 ratings)
    Usability
    8.5
    (2 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    Equifax Identity & FraudWise
    Likelihood to Recommend
    Equifax
    Well suited for addressing disputes before they become official chargebacks (PreventFlow). We've not yet started using the DisputeFlow to work chargebacks that have already come in. We still use our merchant processor's interface for that. I'd to see more incorporation of RDR into the online interface. Right now, we just receive spreadsheets. In the notifications section, I have set up notifications for chargeback and prevention reports but don't see anything for RDR. As the admin of Midigator, I'd like to have greater control over user management, particularly in setting up new users in our organization. There's nothing in the online interface with this.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    For a small business looking to expand internationally, transferwise offers lower admin fee and no hidden fee which is very important. It also remove the hassle and headache of setting up accounts with the local banks. Other than the low fees, the best part is we can use transferwise safely with a peace of mind as it is being regulated by the MAS. Lastly, any small business can set up their transferwise account within minutes which is very convenient
    Incentivized
    Read full review
    Pros
    Equifax
    • Business to Client Interaction - Midigator employees respond quickly to client requests
    • Empowers their employees to make decisions in the best interest of the client they are serving
    • Helps prevent chargebacks/disputes
    • Saves their clients time and money
    • Ease of use
    • Consolidates multiple MIDs under one room for easy management and monitoring
    • Prices their products and services competitively
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • Quick - because funds are transferred domestically, even when going international, you don't have to wait long.
    • Easy - the printout of what information I needed to give the sending bank was complete and easy to understand.
    • Affordable - the fees on both ends were minimal.
    Incentivized
    Read full review
    Cons
    Equifax
    • When submitting a dispute, it stays pending for a long time - and we didn't get a notification of it closing out, nor a result of what the outcome was.
    • Going to DisputeFlow, it would be nice to have it automatically sorted with the newest chargeback on the top.
    • The daily emails in excel could be better formatted and easier to read.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • For large money transfers, the tax is a bit expensive so it would be nice if that was adjusted or if there was some economy of scale.
    • Ability to schedule recurring transfers could be useful.
    • Be able to transfer money by using a mobile phone number, like with Mobile Pay or Bizum, when the sender and receiver of the money are in different countries.
    Incentivized
    Read full review
    Likelihood to Renew
    Equifax
    Midigator does what we need and doesn't try to add a bunch of confusing extra functionality we don't need.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    No answers on this topic
    Usability
    Equifax
    No system is perfect, but Midigator is always in pursuit of perfection. I give them high marks for always trying their best to continue adding value.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    No answers on this topic
    Support Rating
    Equifax
    No answers on this topic
    Wise (formerly TransferWise)
    We haven't really had to engage with TransferWise support. The platform is simple and easy to use.
    Incentivized
    Read full review
    Alternatives Considered
    Equifax
    We currently have personnel to care for chargebacks. An administrator to keep track of all chargebacks and even retrieve a couple ones that Midigator misses to let us know about. The administrator also helps by notifying the company ahead of time when chargebacks are potentially coming through or about ones that are already chargebacks before Midigator notifies the company.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    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 of a new payee).
    Incentivized
    Read full review
    Return on Investment
    Equifax
    • We've been able to use the data to pinpoint specific issues to correct to lower chargebacks.
    • We have seen an incredible difference in our chargeback rate since using Midigator's service. Our rates were often over 1% but now they are almost always below 0.4%. That is a huge difference!
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • We can save around 5% on our transfer fees
    • The online account management is easier than going into banks personally
    • There's no negative impact...
    Read full review
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