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.
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 …
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.
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 …
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.
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 …
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 …
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 …
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 …
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 …