Software Alternatives, Accelerators & Startups

Wise VS Paystack

Compare Wise VS Paystack and see what are their differences

Wise logo Wise

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

Paystack logo Paystack

Paystack offers payment solutions for Nigerian businesses.
  • Wise Landing page
    Landing page //
    2023-09-02
  • Paystack Landing page
    Landing page //
    2022-12-22

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Paystack videos

How Aella Uses Paystack to Power Fully Digital Lending

More videos:

  • Review - How BuyPower Uses Paystack to Power Electricity Payments Across Nigeria

Category Popularity

0-100% (relative to Wise and Paystack)
Online Payments
91 91%
9% 9
Money Transfer
100 100%
0% 0
Finance
0 0%
100% 100
Billing & Invoicing
100 100%
0% 0

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 Paystack

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

Paystack Reviews

We have no reviews of Paystack yet.
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Social recommendations and mentions

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

Paystack mentions (9)

  • Implementing Paystack Payment in a React Application: A Step-by-Step Guide
    Paystack Account: Create an account on Paystack and obtain your API keys. These keys are essential for authenticating your requests with the Paystack API. - Source: dev.to / 7 months ago
  • Handling Paystack transactions using webhooks
    Paystack is a popular payment processing platform used by businesses and individuals in Nigeria and other African countries. One of the key features of Paystack is its ability to process transactions using webhooks. Webhooks are HTTP callbacks that enable the automatic transfer of transaction data from Paystack to your application in real-time. Webhooks are useful for a variety of reasons. They can automate tasks... - Source: dev.to / about 1 year ago
  • Integrate Paystack Payment Gateway using Spring Boot
    Instead of creating test cases or managing exceptions, we will concentrate mostly on using the Paystack API to collect payments. Simply create an account on the Paystack website. - Source: dev.to / about 1 year ago
  • How I Built a Food Ecommerce Restaurant with Next.js, Paystack and Medusa
    In this tutorial, you will learn how to build a complete food ecommerce restaurant using Medusa ecommerce engine with Paystack integration. - Source: dev.to / over 1 year ago
  • How We Won the Medusa Hackathon: Building the Paystack Plugin
    Paystack allows African businesses to accept payments in local and foreign currencies from multiple local and global payment channels. - Source: dev.to / over 1 year ago
View more

What are some alternatives?

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

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

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

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

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

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

Payoneer - Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.