MeridianLink Mortgage vs. Wise

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MeridianLink Mortgage
Score 0.0 out of 10
N/A
MeridianLink Mortgage, formerly known as LendingQB®, is a SaaS cloud-based end-to-end loan origination software system that enables users to process compliant loans and hire talent. MeridianLink Mortgage aims to help banks, credit unions, CUSOs and IMBs who are retail, wholesale and correspondent lenders, fund more loans faster and more efficiently. A SaaS browser- based loan origination software, designed to optimize the end-to-end process. It's web services help strengthen any lender’s…N/A
Wise
Score 9.4 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
MeridianLink MortgageWise
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
MeridianLink MortgageWise
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
MeridianLink MortgageWise
Best Alternatives
MeridianLink MortgageWise
Small Businesses
Square Invoices
Square Invoices
Score 9.2 out of 10
Square Invoices
Square Invoices
Score 9.2 out of 10
Medium-sized Companies
Apple Pay
Apple Pay
Score 8.7 out of 10
Apple Pay
Apple Pay
Score 8.7 out of 10
Enterprises
Adyen
Adyen
Score 8.6 out of 10
Adyen
Adyen
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MeridianLink MortgageWise
Likelihood to Recommend
-
(0 ratings)
9.0
(24 ratings)
Support Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
MeridianLink MortgageWise
Likelihood to Recommend
MeridianLink
No answers on this topic
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
Read full review
Pros
MeridianLink
No answers on this topic
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.
Read full review
Cons
MeridianLink
No answers on this topic
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.
Read full review
Support Rating
MeridianLink
No answers on this topic
TransferWise
We haven't really had to engage with TransferWise support. The platform is simple and easy to use.
Read full review
Alternatives Considered
MeridianLink
No answers on this topic
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).
Read full review
Return on Investment
MeridianLink
No answers on this topic
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
ScreenShots

MeridianLink Mortgage Screenshots

Screenshot of A built-in Point-of-Sale solution that enables users to go 100% digital, MeridianLink Mortgage provides a configurable mobile application for borrowers.Screenshot of - MeridianLink Mortgage provides a customizable screens suited for businesses and lending needs.