Software Alternatives, Accelerators & Startups

Remote.com VS Wise

Compare Remote.com VS Wise and see what are their differences

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Remote.com logo Remote.com

Were creating a new standard in global HR, enabling every business to access better payroll, tax, benefits and compliance solutions.

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • Remote.com Landing page
    Landing page //
    2023-09-13

Remote helps companies of all sizes employ global teams for a low flat rate. We handle payroll, taxes, benefits, options, and compliance in countries around the world. With legal and HR experts in every country, Remote offers an easy-to-use solution for your global team while providing the strongest protections for your intellectual property. Whether you want to establish a new branch or employ a single person in a different country, Remote's global employment solutions have you covered.

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

Remote.com

Website
remote.com
$ Details
freemium $299.0 / Annually
Platforms
Web Browser Google Chrome Safari
Release Date
2019 June
Startup details
Country
United States
State
California
Founder(s)
Job van der Voort
Employees
100 - 249

Wise

Website
wise.com
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-
Startup details
Country
United Kingdom

Remote.com features and specs

  • Contractor Management
    Onboard contractors quickly and safely with localized contracts
  • Contractor Management
    Pay contractors on time in their local currency with zero exchange fees
  • Contractor Management
    Manage all employment documents in our secure platform
  • Contractor Management
    Automatically generate 1099s for US contractors
  • Employer of Record
    Onboard, pay, and manage contractors and employees in one secure platform
  • Employer Of Record
    Competitive benefits packages tailored to each country
  • Employer of Record
    Get support from local HR and legal experts, no third-party delays
  • Payroll Management
    Consolidate payroll processing across multiple countries
  • Payroll
    Ensure compliance with ever-changing local payroll regulations
  • Payroll
    Reduce costs by centralizing payroll management

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 Remote.com

Overall verdict

  • Remote.com is considered a good solution for companies aiming to streamline and simplify the complexities involved with global remote hiring and employment. However, its effectiveness can depend on the specific needs of a company, budget allocations, and the locations of the employees.

Why this product is good

  • Remote.com is a platform designed for managing global remote employment, which offers services such as global payroll, benefits management, taxes, compliance, and more. It is especially beneficial for companies looking to hire international talent without needing to set up local entities. The platform handles complex employment issues and legal requirements, making it easier for employers to manage remote teams across different countries.

Recommended for

  • Businesses looking to hire and manage employees in multiple countries
  • Companies that want to ensure compliance with local employment laws and regulations
  • Organizations seeking to provide competitive benefits packages to a global workforce
  • Startups and small to medium-sized enterprises that need a cost-effective way to expand their global reach

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.

Remote.com videos

Remote Overview

More videos:

  • Demo - Contractor Management
  • Review - A Remote.com Review
  • Tutorial - Remote.com Account Setup | Remote Full Tutorial | Remote HR

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to Remote.com and Wise)
Hiring And Recruitment
100 100%
0% 0
Online Payments
0 0%
100% 100
Job Boards
100 100%
0% 0
Money Transfer
0 0%
100% 100

User comments

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Reviews

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

Remote.com Reviews

Top 8 Deel Competitors & Alternatives in 2025
Remote is a comprehensive global HR platform that enables companies to hire employees, pay, and manage international employees and contractors across 180+ countries. The platform specializes in employer of record services, global payroll management, and contractor payments through a unified platform.
Source: www.wisemonk.io
Top 16 Remote Job Boards to Help You Hire Faster
Remote.com is a versatile platform that simplifies the process of hiring full-time remote employees worldwide. The platform offers a range of HR solutions, including payroll management, compliance, and global hiring tools, all built around remote work.
Best Paylocity Competitors & Alternatives in 2024
Remote is a global HR platform that offers payroll, among other solutions like international employment, contractor management, HRIS, etc. In fact, in 2023, the company launched its โ€œRemote Global Payroll,โ€ a product that simplifies payroll management for entities in several countries, providing features such as entity and team management, payroll calculation review, and...

Wise Reviews

The 8 Best Payment Processing Systems
Wise is a payments system specifically geared at cross-border payments. You can benefit from transparent pricing and its broad reach. It does focus on international payments, so if you're looking for recurring payments or integration capabilities, other options could be a good bet.
Source: gocardless.com
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...

Social recommendations and mentions

Based on our record, Remote.com should be more popular than Wise. It has been mentiond 147 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.

Remote.com mentions (147)

  • How do I hire and pay EU developers?
    Some options include payment through a system like remote.com, direct payment of the whole gross salary to employee's private account (employee would pay their personal tax - not sure if possible in all countries) or the employee can register a company (usually he/she would be the only employee) and you would do a B2B payment of the gross salary to their business account. Source: over 2 years ago
  • Has anyone successfully had a visa approved via Remote.com in Spain (probably via highly skilled worker visa)
    I'm currently exploring visa options to live and work in Spain. One option I have is via a new job, the company in question has no legal entity in Spain and instead uses Remote.com but my lawyer has some reservations about this kind of umbrella arrangement being accepted by immigration. Source: over 2 years ago
  • Remote Debuts New Platform to Power Global-First Business Growth
    Remote, the leader in building, managing, and supporting globally distributed workforces, today announced its vision to help companies and individuals fully realize the benefits of the global economy. Remoteโ€™s Global HR Platform encompasses a suite of integrated products to meet the growing demand for a unified and globally compliant HR system that supports the full end-to-end employment lifecycle. Source: almost 3 years ago
  • Problem with Thailand EoRs for Devs? How did you resolve it ?
    Is this the rule or are there EORs that work with flat fees in Thailand? An example of that would be something like remote.com where you pay around 600 USD per month for their services. Source: almost 3 years ago
  • How hard it is to get an IT job in a foreign country?
    It's essentially more like running a business and less like being an employee. Unless you're hired as an employee through something like remote.com, then you do have a safety net and they have to comply with various stuff. Source: about 3 years ago
View more

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 3 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: about 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: about 3 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: over 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: over 3 years ago
View more

What are some alternatives?

When comparing Remote.com and Wise, you can also consider the following products

Deel - Deel is the people platform built to help you hire, manage, and pay anyone, anywhere.

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.

Remote OK - The biggest remote job board on the web

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

WeWorkRemotely - Find the most qualified people in the most unexpected places: Hire remote! We Work Remotely is the best place to find and list remote jobs that aren't restricted by commutes or a particular geographic area. Browse thousands of remote work jobs today.

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