What is Wise?
Wise, previously known as TransferWise, is a revolutionary financial technology company that specializes in simplifying international money transfers and the management of multi-currency accounts.
With its robust platform, Wise enables both individuals and businesses to send, spend, and receive money internationally at the actual exchange rate, thus avoiding the high fees typically charged by traditional banks. Its user-friendly interface and mobile app provide convenient features like batch payments, direct debits, and the capability to hold and convert between 50+ currencies, making it the top choice for anyone involved in global transactions.
Wise is particularly useful for freelancers, expats, and businesses that operate internationally, as it provides the flexibility to manage finances in multiple currencies without incurring excessive fees.
The software uses a simple, low-cost fee structure that is displayed upfront, ensuring transparency and cost-effectiveness. Its peer-to-peer technology often allows for faster transfer speeds than traditional banks, making it an efficient tool for international money management and transactions.
Wise’s innovative approach to global finance is transforming the way people and companies access and move their money across borders.
Pricing
Starting at Custom · Pay-as-you-go · Free tier available
Features
10 features that make Wise stand out.
- Customer notifications
- Payment processing
- Reporting and analytics
- Sales reporting
- Activity Dashboard
- Alerts/Notifications
- Data Import/Export
- Data Security
- Electronic Payments
- Status Tracking
Wise alternatives
Tools buyers consider alongside Wise.
Frequently asked questions
Is Wise free to use?
How much does Wise cost?
What does Wise integrate with?
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How long does it take to onboard Wise?
What users say about Wise
1 review · average 5.0 / 5Real-world feedback aggregated from public review sites.
- Maria StanMar 28, 20255.0What they liked
The application is easy to use and the transfers work fast. I have been using it for 3 years . For both personal and business . The business app is fairly similar to the personal one . Easy to use.
Room for improvementTheir customer support is horrible . I am trying for a month to get my business account unblocked and is basically impossible to get a hold of them. I sent them the documents they required they just simply do not reply to their emails . I have been spending hours with them on the phone without any success. I do not recommend them . I was expecting a more professional service for their business clients . I do not recommend them . Avoid them .
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