Software Alternatives, Accelerators & Startups

Toast VS Wise

Compare Toast VS Wise and see what are their differences

Toast logo Toast

Built to make restaurants better. Toast gives your restaurant the technology you need to succeed in today's fast-paced environment.

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • Toast Landing page
    Landing page //
    2022-09-17
  • Wise Landing page
    Landing page //
    2023-09-02

Toast videos

Eating Toast For The First Time. A REVIEW 🍞 (A Spoof)

More videos:

  • Review - Greg Doucette's Anabolic French Toast | Review
  • Review - JANJI JIWA JUAL ROTI BAKAR ? SUKSES / GAGAL TOTAL ? - REVIEW JIWA TOAST - Makanan Kekinian

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to Toast and Wise)
Payments Processing
100 100%
0% 0
Online Payments
0 0%
100% 100
Payment Platform
71 71%
29% 29
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 Toast and Wise

Toast Reviews

Top Restaurant Loyalty Software Options for 2023
Toast is a convenient restaurant management platform that includes a wide range of features. There’s a POS system, online ordering tools, marketing features, and more. Of course, the platform includes Toast loyalty tools.
POS: Best Point of Sale System Software for Small businesses
A software business called Toast is situated in Boston. The customer is promised ease of use by the Toast POS system. It creates point of sale and administration systems for restaurants. The architecture of Toast POS is cloud-based. The company also offers round-the-clock assistance.
Source: qpe.co.in
Best Restaurant POS Systems For 2019
Toast may have the most electronic and socially-distanced ordering/payment options of any of the restaurant POS systems on our list. Dine-in features for COVID-19 include a self-ordering kiosk, NFC-friendly card readers, reservation management, and a QR code payment option that customers use to pay for their meal on their phone. For customers who want to stay home, Toast...

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 should be more popular than Toast. 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.

Toast mentions (11)

  • Problems with Grubhub?
    Toast is the point of sale system that many restaurants use - it integrates a lots of aspects of the restaurant https://pos.toasttab.com/. Source: over 1 year ago
  • What is the best CRM for a small business?
    Hey! I'm not as familiar with the restaurant space but I've heard good things about Toast. You may need to use their point-of-sale system to get the full benefits, but they do have a CRM, ERP tools, and some marketing capabilities built into their software. Source: over 1 year ago
  • Waitstaff, do you prefer separate checks for parties of 10-15 or waiting for them to figure out how to split the check?
    For others who are confused: Toast is a point-of-sale (POS) app used by restaurants to charge customers. Source: over 1 year ago
  • Japan: Depopulation a surefire formula for national ruin
    Even without robots, services like Toast can cut down the number of waiters needed by moving ordering & table service to smartphones. Source: almost 2 years ago
  • Data science for small businesses / restaurants
    I think toast https://pos.toasttab.com/ does this for restaurants. They sell point of sale systems, but also back office software too. That enables them to collect all the data, then they provide analytics that is supposed to help the restaurant be more profitable. Source: about 2 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: 11 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
View more

What are some alternatives?

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

Square - Square helps millions of sellers run their business-from secure credit card processing to point of sale solutions. Get paid faster with Square. Sign up today!

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

Lightspeed - retail and restaurant point-of-sale, ecommerce, and omnichannel solution

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

TouchBistro - iPad based Point of Sale solution for restaurants

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