Software Alternatives & Reviews

Western Union VS Wise

Compare Western Union VS Wise and see what are their differences

Western Union logo Western Union

The Western Union is an international money transferring service that is officially partnered with most of the banks and financial institutions across the world.

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • Western Union Landing page
    Landing page //
    2023-05-11
  • Wise Landing page
    Landing page //
    2023-09-02

Western Union

Categories
  • Online Payments
  • Business & Commerce
  • Payment Platform
  • Recurring Billing
Website westernunion.com

Wise

Categories
  • Online Payments
  • Money Transfer
  • International Money Transfers
  • Currency Exchange
Website wise.com

Western Union videos

Is Western Union a SCAM? (Exposed!)

More videos:

  • Tutorial - ✅ How To Use Western Union Money Transfer App Review 🔴
  • Review - Should You Use Western Union? 3 Cheaper Ways to Transfer Money Overseas

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to Western Union and Wise)
Online Payments
8 8%
92% 92
Payment Platform
19 19%
81% 81
Money Transfer
5 5%
95% 95
Finance
100 100%
0% 0

User comments

Share your experience with using Western Union 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 Western Union and Wise

Western Union Reviews

Best money transfer apps of 2021
While cash pickup is an often-used feature of Western Union for many, there is also a mobile wallet option that has grown in popularity. But it’s really the Western Union app that has really revolutionised the service, simply because it’s so handy.
Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B
“We were importing from overseas and paying Western Union a bunch of money,” he recalls. “It was all very slow.”
Source: techcrunch.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.

Western Union mentions (0)

We have not tracked any mentions of Western Union yet. Tracking of Western Union 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: 9 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: 9 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: 12 months 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: about 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 Western Union and Wise, you can also consider the following products

Braintree - An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.

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

ACE Money Transfer - ACE Money Transfer is a web-based money transfer service for sending money easily and in a hassle-free mode.

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

ProPay - ProPay is a multiple payment making service provider that lets its users to make payment to anyone in any part of the world.

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