Software Alternatives, Accelerators & Startups

Wise VS Invoice2go

Compare Wise VS Invoice2go and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Wise logo Wise

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

Invoice2go logo Invoice2go

Full featured, invoice and estimate solution with full mobile support.
  • Wise Landing page
    Landing page //
    2023-09-02
  • Invoice2go Landing page
    Landing page //
    2023-05-13

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.

Invoice2go features and specs

  • User-Friendly Interface
    Invoice2go offers an intuitive and easy-to-navigate interface, making it simple for users to create and manage invoices.
  • Customization Options
    Provides a high level of customization for invoices, allowing users to add logos, modify templates, and change color schemes to match their brand identity.
  • Mobile App Accessibility
    Available as a mobile app on both iOS and Android, enabling users to manage invoices on-the-go.
  • Multiple Payment Options
    Supports various payment gateways such as PayPal, Stripe, and Apple Pay, making payment collection straightforward.
  • Comprehensive Reporting
    Offers detailed financial reports and analytics, allowing users to monitor business performance effectively.
  • Expense Tracking
    Allows for tracking of expenses, which can be easily included in invoices to provide detailed billing.

Possible disadvantages of Invoice2go

  • Cost
    Invoice2go can be on the pricier side compared to some of its competitors, making it less appealing for small businesses with tight budgets.
  • Limited Integrations
    The software does not offer as many third-party integrations as some other invoicing solutions, potentially limiting its utility for certain businesses.
  • Customer Support
    Some users have reported that customer support can be slow to respond and may not always resolve issues satisfactorily.
  • Learning Curve
    Despite the user-friendly interface, some features can be complex and may require time to understand fully.
  • Limited Advanced Features
    Lacks some advanced features available in more comprehensive accounting software, such as detailed inventory management.

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Invoice2go videos

Invoice2go - Invoices Fast & Easy & Professional- 6 year user review

More videos:

  • Review - Invoice2go Review: Just another invoicing app
  • Review - Invoice2go Review

Category Popularity

0-100% (relative to Wise and Invoice2go)
Online Payments
100 100%
0% 0
Billing & Invoicing
84 84%
16% 16
Money Transfer
100 100%
0% 0
Accounting
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 Wise and Invoice2go

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.
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...
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

Invoice2go Reviews

Best Billing Software for You
Invoice2go is very efficient billing software with 100% accuracy and zero errors. It is easy to use, effortlessly organize bills, and make payments. It helps you create professional invoices from templates and send payment reminders to customers. Use debit or credit cards to pay bills using this billing software. It is best for small and medium enterprises. It is inbuilt...

Social recommendations and mentions

Based on our record, Wise should be more popular than Invoice2go. 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.

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
View more

Invoice2go mentions (3)

  • What’s the biggest problem you’re facing in your business right now?
    Have you ever thought about using Bill.com or https://invoice.2go.com/. Source: over 2 years ago
  • Hello everyone, I have a cleaning business and we cleaned this guys house but he doesn't want to pay after we already cleaned his house
    However, an alternate option would be to use a service like https://invoice.2go.com and send a proposal that they agree to, electronically, and pay a deposit, then, immediately collect payment on-site or send an electronic invoice as soon as the job is done. Source: over 2 years ago
  • Ask HN: Who is hiring? (May 2021)
    Invoice2go | Sr. Software Engineer (Data) | US (REMOTE) or Sydney, AU (ONSITE) | Full-time | $120k - $160k DOE | https://invoice.2go.com/ Invoice2go helps small businesses get paid. With over a quarter million subscribers worldwide, Invoice2go helps small businesses operate so they can focus on their work instead of worrying about finances. Providing web and top-rated iOS and Android apps, now has never been a... - Source: Hacker News / about 4 years ago

What are some alternatives?

When comparing Wise and Invoice2go, you can also consider the following products

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 grow—all on one platform.

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

Invoice Ninja - Invoice Ninja is a free, open-source solution for invoicing and billing customers.

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

FreshBooks - The ideal accounting software for small business owners.

ChargeDesk - ChargeDesk offers billing support across most of the payment service providers.