Wise (formerly TransferWise)
Low-cost international payments and multi-currency accounts
Wise specialises in international money transfers and multi-currency payments using real exchange rates. It has expanded to offer API access for businesses requiring cross-border payment solutions.
| Pricing from | Mid-market rate (typically 0.4% spread) + service fee |
| Best for | Freelancers, importers/exporters, and businesses making frequent international payments |
| Website | wise.com |
Strengths and trade-offs
- Significantly cheaper than banks for international transfers
- Transparent pricing and mid-market exchange rates
- Not a traditional payment processor for online sales acceptance
- Limited feature set compared to full-service payment platforms
Appears in
Alternatives to Wise (formerly TransferWise)
 StripeFinancial infrastructure for the internet | #1 in Top 10 Payment Processors | 95.0 |
 PayPalThe safer, easier way to pay online | #2 in Top 10 Payment Processors | 92.7 |
 SquareMake every sale count | #3 in Top 10 Payment Processors | 90.3 |
 AdyenEngineered for ambition | #4 in Top 10 Payment Processors | 88.0 |
 WorldpayPowering commerce worldwide | #5 in Top 10 Payment Processors | 85.7 |
 Authorize.NetReliable payment gateway and merchant services for any business | #6 in Top 10 Payment Processors | 83.3 |
Questions about Wise (formerly TransferWise)
How much does Wise (formerly TransferWise) cost?
Lister lists Wise (formerly TransferWise)'s pricing as: Mid-market rate (typically 0.4% spread) + service fee.
Who is Wise (formerly TransferWise) best for?
Wise (formerly TransferWise) is best for freelancers, importers/exporters, and businesses making frequent international payments.
Where does Wise (formerly TransferWise) rank?
Wise (formerly TransferWise) is ranked #8 in Top 10 Payment Processors (Lister Score 78.7).
What are the best alternatives to Wise (formerly TransferWise)?
The closest alternatives on Lister are Stripe (#1 in Top 10 Payment Processors), PayPal (#2 in Top 10 Payment Processors) and Square (#3 in Top 10 Payment Processors).
Is this your company?
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