crowdSPRING VS Wise

• Wide Talent Pool
  Access to a large number of creative professionals from around the world, providing a diverse range of ideas and styles.
• Affordability
  Competitive pricing for design services, often lower than hiring a professional design agency.
• Variety of Services
  Offers a wide range of services including logo design, web design, product design, and naming, which can cater to various business needs.
• Speed
  Projects can be completed relatively quickly, as multiple designers work on submissions simultaneously.
• User-Friendly Interface
  The platform is designed to be easy to navigate, making it simple to start projects and manage submissions.
• Customization
  Clients can provide detailed briefs and feedback to ensure the final design aligns with their vision.
• Intellectual Property Protection
  crowdSPRING includes terms that ensure clients receive full rights to the artwork they purchase.

Possible disadvantages

• Quality Variation
  The quality of submissions can vary widely, requiring clients to sift through many options to find a suitable design.
• No Direct Communication
  Clients may have limited direct interaction with designers, which can sometimes hinder the communication of specific ideas or feedback.
• Non-exclusive Designs
  Designers may submit similar designs to multiple clients or contests, raising concerns about exclusivity.
• Time-Consuming Selection Process
  Reviewing and providing feedback on numerous design submissions can be time-consuming.
• Potential Hidden Costs
  While initial costs might seem low, additional fees for better visibility or premium features can add up.
• Risk of Generic Designs
  There's a risk that designers may offer generic or template-based solutions to quickly participate in multiple contests.
• Reliance on Contest Model
  The contest-based model may not be suitable for all projects, especially those that require a more collaborative and iterative approach.

• Low Fees
  Wise offers competitive and transparent fees compared to traditional banks and many other money transfer services.
• Real Exchange Rates
  Wise uses the mid-market exchange rate, meaning users get the real exchange rate without any hidden markups.
• Fast Transfers
  Many transfers through Wise are processed quickly, often within a few hours or a day, depending on the destination country and payment method.
• Multi-Currency Accounts
  Users can hold and manage money in multiple currencies with Wise's Borderless Account, making it easier for those who deal with international payments regularly.
• Transparent Pricing
  Wise is upfront about their fees and the total cost of a transfer, so users know exactly how much they'll pay and how much the recipient will receive.
• User-Friendly Interface
  Wise offers a clean and intuitive application and web interface, making it easy for users to navigate and complete transactions.

Possible disadvantages

• Limited Customer Support
  Wise's customer support is primarily online, and some users report difficulties in reaching live assistance or having slow response times.
• Transfer Limits
  There are limits on how much money can be transferred in a single transaction or over a period of time, which might be restrictive for some users.
• Lack of Physical Locations
  Unlike traditional banks, Wise doesn't have physical branches, which can be an inconvenience for those who prefer in-person banking services.
• Verification Process
  New users or those making large transfers may have to go through a lengthy verification process, which can delay the initial transaction.
• Not Available in All Countries
  Wise does not operate in every country, limiting its accessibility for some users looking to send or receive international payments.
• Occasional Delays
  While generally fast, some transfers may experience delays due to various factors, such as banking hours, holiday schedules, or compliance checks.

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Tracking crowdSPRING since Mar 2021.

• Which bank in vietnam have the lowest fee for overseas remittance?

  I don't think you need to be a holder of both. I put my mom on my Wells Fargo account and she sent to my account. There is also https://wise.com/us/ . This one I have used to send to someones account in Vietnam. It does have slightly... Source: about 3 years ago

• We are happy to welcome you to Auction 88 — Coins of The World.

  They invoice in Euros (Czech Republic) so also be aware of fees on payments. I've successfully used TransferWise (https://wise.com/us/). Source: over 3 years ago

• Recommend me a first credit card with 0 foreign tx fee

  It's not a credit card. It's just a way to convert currency w/o a fee. https://wise.com/us/. Source: over 3 years ago

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