Software Alternatives, Accelerators & Startups

PayZip VS Wise

Compare PayZip VS Wise and see what are their differences

PayZip logo PayZip

Take control of your club payments

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • PayZip Landing page
    Landing page //
    2021-04-01

We know that when running a club thereโ€™s always something else to be done. Youโ€™ve got to get this monthโ€™s subs out (and some players havenโ€™t paid last monthโ€™s yet, but who?). They forgot to pay, you forgot to remind them - it happens, but maybe a bit too often.

How well is the club doing financially anyway? Youโ€™re spending way too much of your own time doing the admin, working out exactly who owes what, and what's been collected. Updating the numbers is such a hassle that you put it off, which then makes it an even bigger job. โ€

Itโ€™s all a bit of a mess.

We hear you. Collecting money neednโ€™t be time-consuming or difficult. Imagine if you could:

โœ” Collect every single payment

โœ” Know exactly where the club is financially

โœ” Spend a lot less time on admin

โœ” Get paid within minutes, not weeks

โœ” Receive and process payments automatically

โœ” Spot late payments and instantly chase them up

โœ” Record all of your payments in one place

Payzip helps you do all of this, and more. Built specifically for club treasurers and secretaries, Payzip is a member payment system that helps you get your head out of the books and back into the game.

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

PayZip

$ Details
freemium
Platforms
Browser Web Google Chrome Firefox Safari Internet Explorer Opera
Release Date
2013 March

Wise

Website
wise.com
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-

PayZip features and specs

  • Easy to Set-up and use
  • Card payments
  • Simplified accounting
  • Free unpaid invoice email reminders
  • Pay as you go
  • No subscription required
  • No setup fee
  • Payment reminders
  • Apple Pay
  • Google Pay

Wise features and specs

  • 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 of Wise

  • 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.

Analysis of Wise

Overall verdict

  • Overall, Wise is highly regarded as one of the top options for international money transfers. It is praised for its transparency, cost-effectiveness, and ease of use, making it a preferred choice for many users.

Why this product is good

  • Wise is considered a reliable and efficient service for international money transfers due to its transparent fee structure and competitive exchange rates. The platform uses a mid-market exchange rate with no hidden fees, making it a popular choice for individuals and businesses looking to transfer money across borders. Additionally, Wise is known for its user-friendly interface and fast transfer speeds.

Recommended for

  • Individuals needing to send money abroad frequently.
  • Expats living in foreign countries who need to transfer money to home accounts.
  • Freelancers and remote workers receiving payments from international clients.
  • Businesses conducting international transactions.

PayZip videos

No PayZip videos yet. You could help us improve this page by suggesting one.

Add video

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to PayZip and Wise)
Online Payments
3 3%
97% 97
Payment Platform
9 9%
91% 91
Money Transfer
0 0%
100% 100
Finance
100 100%
0% 0

Questions and Answers

As answered by people managing PayZip and Wise.

What makes your product unique?

PayZip's answer

Payzip is aimed squarely at the club treasurer, with a focus on managing and collecting payments.

Why should a person choose your product over its competitors?

PayZip's answer

Payzip is purely pay-as-you-go - there's no subscription, no app for your members (or their parents!) to install - they just can pay straight from the email invoice. With automated payment reminders and consolidated weekly payments, Payzip saves treasurers hours of time each week.

How would you describe your primary audience?

PayZip's answer

Treasurers and secretaries of sports clubs, leagues, and governing bodies.

Who are some of the biggest customers of your product?

PayZip's answer

  • Hockey Wales
  • South Wales Football Association
  • Squash Wales
  • Cowbridge Town AFC
  • Walton AC

User comments

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Reviews

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

PayZip Reviews

We have no reviews of PayZip yet.
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Wise Reviews

6 Cheaper Payoneer Alternatives for Your Online Transcations
Wise is a well-known alternative to traditional banking and offers competitive rates for international money transfers. It operates on a peer-to-peer system, ensuring low fees by matching individuals who want to exchange currency in different countries.
Top 5 Payoneer Alternatives [2024]
Wise offers fast, convenient transfers with transparent fees based on mid-market exchange rates, as well as a multi-currency account for both individual and business customers. While Wise offers several tools for business customers, such as expense cards, it is not as extensive as those offered by Payoneer. On the other hand, Payoneerโ€™s fee structure is only transparent on...
Source: www.exiap.com
Top 5 Payoneer Alternatives for Seamless Online Transactions
Both offer global transactions, but Wise shines with competitive exchange rates and transparent fees, while Payoneer focuses on receiving payments with features like virtual cards. Choose Wise for cost-effectiveness, Payoneer for easy receiving.
Source: www.doola.com
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
Wiseโ€™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

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.

PayZip mentions (0)

We have not tracked any mentions of PayZip yet. Tracking of PayZip 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: about 2 years ago
  • We are happy to welcome you to Auction 88 โ€” 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 2 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 2 years 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: almost 3 years ago
  • My New Client Is Asking Me For My Bank Info
    Iโ€™ve used Wise for bank payments from international clients before: https://wise.com/us/ that way youโ€™re not giving them your actual bank info but the process is similar on the clientโ€™s end. Source: almost 3 years ago
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What are some alternatives?

When comparing PayZip 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 - Your financial operations platform. The intelligent way to create and pay bills, send invoices, manage expenses, control budgets, and access the credit your business needs to growโ€”all on one platform.

VoPay - Driving Business Success with Advanced Fintech Solutions

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

Monzo - The bank of the future

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