TransferWise - Great Fees
March 23, 2022

TransferWise - Great Fees

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with TransferWise

It helps with the payment process of my company. Allowing me to pay a freelance contractors or receive payments from other contractors as well. It allows a digital way of collecting funds. It is a really flexible way to get funds transferred internationally without worrying about transaction fees, or finding the right currency, or security.
  • Low transfer fee
  • easy to use
  • international transfer
  • More integration with other tools
  • easier to connect to bank directly
  • sending invoice directly from TransferWise
  • Low fee transfer
  • Easy to use
  • Allow for multiple fee transfer.
  • It increase ROI as it save on transfer fee
  • easy transferring process
  • Allow for multiple teammates
  • Stripe
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.

Do you think Wise delivers good value for the price?

Yes

Are you happy with Wise's feature set?

Yes

Did Wise live up to sales and marketing promises?

Yes

Did implementation of Wise go as expected?

Yes

Would you buy Wise again?

Yes

I really like TransferWise as it is really simple. It allows for lots of funds transfer at a lower rate as compared to Stripe and Paypal. However the down site to it is that it requires the other party to have TransferWise as well. It can definitely use but on a business standpoint, a lot more need to be done from an accounting perspective,