Wise VS CentUp

• 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

• 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.

• Support for Creators
  CentUp allows users to directly support their favorite content creators through micro-donations, helping them earn revenue outside traditional advertising models.
• User Engagement
  The platform encourages active user participation by enabling users to contribute financially to content they find valuable, fostering a sense of community and engagement.
• Charitable Contributions
  CentUp allocates a portion of each donation to a charity selected by either the creator or the user, promoting social good alongside creator support.
• Ease of Use
  With a simple mechanism for tipping content, CentUp makes it easy for users to donate small amounts without complicated processes.
• Transparency
  CentUp provides clear information on how donations are split between creators, charities, and the platform itself, ensuring transparency in financial transactions.

Possible disadvantages

• Limited Audience
  As a niche platform, CentUp might struggle with attracting a large audience, which could limit the financial impact for creators not reaching critical mass.
• Competition
  CentUp faces competition from larger platforms like Patreon and Buy Me a Coffee, which offer similar services with potentially more features and a larger user base.
• Sustainability
  Relying on micro-donations can be financially unpredictable for creators, making it challenging to sustain long-term income.
• Platform Dependency
  Creators are dependent on the stability and popularity of CentUp; any decline in the platform's performance or reputation can impact their revenue.
• User Commitment
  Convincing users to consistently support content creators financially can be difficult, especially if they are accustomed to free content.

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TransferWise Review - 3 Must Knows (2020)

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• 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... Source: about 3 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: over 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: over 3 years ago

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Tracking CentUp since Mar 2021.