Remote.com vs. Wise

Wise

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Remote.com	Score 10.0 out of 10	Small Businesses (1-50 employees)	Remote.com enables companies of all sizes to employ global teams. Remote takes care of international payroll, benefits, taxes, and compliance. Remote owns local legal entities in covered countries and a proprietary network of in-country payroll providers, accountants, labor law attorneys and HR specialists. The vendor states no intermediaries means more transparency, flexibility, speed, and cost efficiency for customers.	$29 per month per contractor
Wise	Score 9.3 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

Remote.com

Wise

Editions & Modules

CONTRACTORS & FREELANCERS: $29
per month per contractor
GLOBAL EMPLOYMENT: $299
per employee per month
PAYROLL AND BENEFITS: Get a quote
per employee per month
GLOBAL EMPLOYMENT PLUS: Get a quote
per employee per month

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
Remote.com	Wise
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

Special pricing for Startups: Take half off global employment solution costs on the first employee for one full year, or get 12 months for the price of 10 on all other employees during your first year, and get free contractor onboarding. Manage and pay global contractors at no cost, beyond payment processing fees. Bulk pricing also available on request.

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More Pricing Information

Community Pulse
	Remote.com	Wise

Best Alternatives
	Remote.com	Wise
Small Businesses	Rippling Score 8.9 out of 10	Square Invoices Score 9.2 out of 10
Medium-sized Companies	Rippling Score 8.9 out of 10	Apple Pay Score 8.9 out of 10
Enterprises	No answers on this topic	Adyen Score 8.5 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Remote.com	Wise
Likelihood to Recommend	9.5 (2 ratings)	9.0 (24 ratings)
Support Rating	- (0 ratings)	10.0 (1 ratings)

User Testimonials
	Remote.com	Wise
Likelihood to Recommend	Remote Technology, Inc If you have a company that is hiring employees globally, remote does a great job and helps you with ease. If you are being employed by an international company, you can suggest remote for them, it will really help you and still give you all the benefits of legal worker rights. Incentivized Luiz Wendt Software Engineer Read full review	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 Jenson Teo (赵俊杰） Business Development Director Read full review
Pros	Remote Technology, Inc Legal remote worker contracting Payroll Workers benefit Global Employement Contract Management Onboarding dashboard Incentivized Luiz Wendt Software Engineer Read full review	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 Sarah Daggett Systems Manager Read full review
Cons	Remote Technology, Inc 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. Incentivized Verified User Anonymous Read full review
Support Rating	Remote Technology, Inc No answers on this topic	TransferWise We haven't really had to engage with TransferWise support. The platform is simple and easy to use. Incentivized Verified User Anonymous Read full review
Alternatives Considered	Remote Technology, Inc 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). Incentivized ES Elaine Smith Producing Artistic Director Read full review
Return on Investment	Remote Technology, Inc Ease to contract international workers Incentivized Luiz Wendt Software Engineer Read full review	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... Arpad Szucs Brand Designer \| UI, UX & Visual Designer Read full review
ScreenShots	Remote.com Screenshots