Software Alternatives & Reviews

Remitly VS Wise

Compare Remitly VS Wise and see what are their differences

Remitly logo Remitly

Send money online with Remitly faster with great exchange rates and low transfer fees. Special new customer offer! 100% Satisfaction Guarantee.

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • Remitly Landing page
    Landing page //
    2023-07-27
  • Wise Landing page
    Landing page //
    2023-09-02

Remitly videos

🔥 REMITLY: Is safe to TRANSFER MONEY? ⚠️ DISCOVER How Remitly Works

More videos:

  • Tutorial - Remitly Review: HOW TO SEND MONEY TO THE PHILIPPINES Using Remitly | Online Remittance
  • Review - REMITLY Review: Money Transfer to Your Loved Ones

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to Remitly and Wise)
Online Payments
7 7%
93% 93
Money Transfer
9 9%
91% 91
International Money Transfers
Billing & Invoicing
0 0%
100% 100

User comments

Share your experience with using Remitly 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 Remitly and Wise

Remitly Reviews

Top 7 Wise Alternatives
In terms of fees and exchange rate, Remitly is comparable to Wise (although we have found Wise to be slightly cheaper generally). However, Wise has a more transparent fee structure where you will see exactly the amount the receiver will get before you hit “send”.
Source: transumo.com
9 Best Payoneer Alternatives for Freelancers | 2022
You might also like the fact that Remitly provides multiple ways through which you can collect your cash including bank transfers, mobile wallet transfers, home delivery, and pick-up points. Notably, Remitly offers a guaranteed delivery which if money doesn’t get to the other party, your money is refunded.
5 Safe Money Transfer Alternatives to Wise
Similar to Wise, Remitly is a company that was born online and has grown rapidly. Unlike Wise, however, they specialise in sending smaller transfers amounts or remittances to countries in South America, Asia and Africa. Remitly offer to send your money "Express" which is faster, but comes with a higher fee or "Economy" which is cheaper, but can be slower. Like Wise, their...
Source: www.exiap.com

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.

Remitly mentions (0)

We have not tracked any mentions of Remitly yet. Tracking of Remitly 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: 10 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 Remitly and Wise, you can also consider the following products

FINSYNC - Business owners know that managing cash flow is critical, but complex. FINSYNC makes it simple. Save time and access the funds you need when you need them.

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

iRemit - Remittance & Money Transfer

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

iRemitfy - iRemitfy! The best software solution in the market to send and receive payment worldwide.

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