Software Alternatives & Reviews

Dwolla VS Wise

Compare Dwolla VS Wise and see what are their differences

Dwolla logo Dwolla

Dwolla powers innovations with sophisticated account-to-account payment solutions.

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • Dwolla Landing page
    Landing page //
    2022-07-27

Dwolla is an end-to-end, one-stop shop for account-to-account payment solutions. With a single API integration, businesses can access ACH, real-time payments, push-to-debit, wire transfers and more.

  • Wise Landing page
    Landing page //
    2023-09-02

Dwolla features and specs

  • Real Time Payments: Yes
  • Same Day ACH: Yes
  • Next Day ACH: Yes
  • Virtual Account Numbers: Yes
  • Push to Debit: Yes

Wise features and specs

No features have been listed yet.

Dwolla videos

Dwolla: A Modern Payments Platform

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to Dwolla and Wise)
Online Payments
7 7%
93% 93
Payment Platform
22 22%
78% 78
Money Transfer
0 0%
100% 100
Recurring Billing
100 100%
0% 0

User comments

Share your experience with using Dwolla and Wise. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Dwolla and Wise

Dwolla Reviews

Top 20 Best Plaid Alternatives in 2022
Dwolla is an online payment service created specifically for bank transfers and money transportation. The service comprises a versatile and simple-to-use product suite that works with all US banks and credit unions. It makes it simple to create applications that ease bank transfers, customer management, and account verification.

Wise Reviews

Best money transfer apps of 2021
TransferWise does also offer Business pricing, which adds in extra features that are free, including the ability to receive money in EUR, USD, GBP, PLN, AUD and NZD currencies without charge. However, this comes with a 0.33%-3.56% fee to convert currencies. The supporting TransferWise debit Mastercard comes free too, with the same currency conversion fee of 0.33%-3.56% plus...
Top 7 Wise Alternatives
Wise’s Multi Currency Account (review) and associated Wise card (review) (which works great as a travel money card) are especially useful to expats who need banking features in a new country to pay rent, buy groceries, or receive money like a local (Wise offers international bank details in 10 currencies).
Source: transumo.com
5 Safe Money Transfer Alternatives to Wise
As a money transfer service, Wise (formerly known as TransferWise) is a transparent and easy to use option. But if you’re making an international money transfer, it can be worth looking at some of Wise’s competitors to see which is the best option for you.
Source: www.exiap.com
Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B
For now, the backing of its investors is allowing Airwallex to grow its business without needing to focus on making money. That’s proven tricky for some fintech companies — such as TransferWise and Europe’s challenger banks — but Zhang is confident that when that changes, his company will have little trouble being sustainable.
Source: techcrunch.com

Social recommendations and mentions

Based on our record, Wise seems to be more popular. It has been mentiond 24 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Dwolla mentions (0)

We have not tracked any mentions of Dwolla yet. Tracking of Dwolla recommendations started around Mar 2021.

Wise mentions (24)

  • 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 higher fee. But it goes straight into their account. From Wells Fargo I would have to go and get USD then exchange it to Vietnamese currency. Source: 10 months 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: 11 months 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: about 1 year ago
  • Renting an apartment without a US Bank account?
    Get a Wise account. Open one in your local currency, and one in US currency. I was doing that for the first few months. Source: over 1 year ago
  • My New Client Is Asking Me For My Bank Info
    I’ve used Wise for bank payments from international clients before: https://wise.com/us/ that way you’re not giving them your actual bank info but the process is similar on the client’s end. Source: over 1 year ago
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What are some alternatives?

When comparing Dwolla and Wise, you can also consider the following products

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Zoho Invoice - 100% free online invoicing software for small businesses.

Payoneer - Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

The Invoice Machine - The Invoice Machine is an online invoicing service with a simple and elegant user interface.