Simplifying Calculation VS Wise

Compare Simplifying Calculation VS Wise and see what are their differences

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Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

SBA 504 //
2024-02-20
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2024-02-20
SBA 7a Loan Calculator //
2024-02-20

Building softwares and resources for Small Business Lending and Valuation.

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2023-09-02

Simplifying Calculation

Website: simplifyingcalculation.com
Release Date: 2023 March
Startup details
Country: United States
State: CA
City: San Jose
Founder(s): Sunny Shankar

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Wise

Website: wise.com
Release Date: -

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Simplifying Calculation features and specs

User-Friendly Interface
The website provides a simple and intuitive interface that allows users to perform calculations easily without any hassle.
Variety of Tools
Offers a wide range of calculators for different needs, such as financial, mathematical, and scientific calculations, ensuring versatility.
Free Access
Most tools and calculators on the platform are available free of charge, making it accessible to a wide audience without any cost barriers.
Educational Content
Provides explanations and examples for calculations, which can be beneficial for educational purposes and for users to understand the process better.
Responsive Design
The platform is designed to be responsive, allowing for seamless use on various devices, including smartphones, tablets, and computers.

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.

Simplifying Calculation videos

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Wise videos

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TransferWise Review - 3 Must Knows (2020)

Category Popularity

0-100% (relative to Simplifying Calculation and Wise)

Wise

Finance

100 100%

Finance

0% 0

Online Payments

1 1%

Online Payments

99% 99

Fintech

100 100%

Fintech

0% 0

Money Transfer

0 0%

Money Transfer

100% 100

Questions and Answers

As answered by people managing Simplifying Calculation and Wise.

How would you describe your primary audience?

Simplifying Calculation's answer

Small Businesses

What makes your product unique?

Simplifying Calculation's answer

Most comprehensive and detailed software's for small businesses and consumer finance

User comments

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

Reviews

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

Simplifying Calculation Reviews

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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.

Source: www.withparallax.com

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, Payoneer’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...

Source: www.techradar.com

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

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.

Simplifying Calculation mentions (0)

We have not tracked any mentions of Simplifying Calculation yet. Tracking of Simplifying Calculation recommendations started around Feb 2024.

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: almost 2 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: almost 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: about 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: over 2 years 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 2 years ago