Wise
🌍by Wise PLC
Wise by Wise PLC is an online money transfer service that allows users to send and receive money internationally at low fees. It uses real exchange rates to provide transparent pricing and enables users to hold multiple currencies in their accounts. Ideal for individuals and businesses looking to manage cross-border transactions efficiently.
GDPR CompliantEU-Based
freemiumMigration:●●●
Why switch?
- Wise offers low transfer fees, often under 1% for international transfers.
- Wise uses the real exchange rate, avoiding hidden markups on currency conversion.
- Multi-currency accounts let you hold 50+ currencies for easy global transactions.
Consider
- Venmo's social feed for payments is missing in Wise, reducing user engagement.
- Migrating funds from Venmo to Wise can be cumbersome and time-consuming.