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Wise VS Plooto

Compare Wise VS Plooto and see what are their differences

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Wise logo Wise

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

Plooto logo Plooto

Plooto is an online payment solution for business that manages transactions, vendors, and suppliers in one place.
  • Wise Landing page
    Landing page //
    2023-09-02
  • Plooto Landing page
    Landing page //
    2023-06-29

Wise videos

+ Add

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Plooto videos

+ Add

Plooto Software Demo Review

More videos:

  • Review - Finance Appy Hour: Plooto app overview and review
  • Review - What is Plooto?

Category Popularity

0-100% (relative to Wise and Plooto)

Wise

Plooto

Online Payments
97 97%
Online Payments
3% 3
Money Transfer
97 97%
Money Transfer
3% 3
Accounting
0 0%
Accounting
100% 100
Billing & Invoicing
100 100%
Billing & Invoicing
0% 0

User comments

Share your experience with using Wise and Plooto. 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 Wise and Plooto

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...
Source: www.techradar.com
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

Plooto Reviews

The Top Alternatives to Bill.com
Plooto is a powerful accounts payable and receivable platform that helps a business gain total control and visibility into cash flow management. It supports 120,000+ vendors and suppliers, and 6000+ businesses, with enhanced financial controls that keep operating costs low. Plooto facilitates faster AR and AP cycles, reduces errors, and lowers costs per transaction.
Source: tipalti.com
4 Best Bill.com Competitors And Alternatives (2022)
Plooto is another Bill.com competitor in the digital payments space. Similar to Melio, Plooto offers an accounts payable and receivable solution which targets the small business market.
Source: smbillion.com
9 Best Payoneer Alternatives for Freelancers | 2022
Plooto is among the few online payment management systems that charge users on basis of a monthly subscription. Therefore, if you are a high-volume transacting freelancer, then Plooto might have offered you quite some value with your money transfer needs.
Source: www.digitalgondola.com

Social recommendations and mentions

Based on our record, Wise seems to be a lot more popular than Plooto. While we know about 24 links to Wise, we've tracked only 2 mentions of Plooto. 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: 10 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

Plooto mentions (2)

  • Plooto.com experience and bill pay workflow
    Bill.com would be almost 3x the price of plooto.com (2 users for 3 companies plus the accountant cost), which myself nor the client think is justifiable to spend. The only thing I see in my workflow that would be solved by bill.com is that bill.com has an inbox where you bills can be sent. Source: over 2 years ago
  • Plooto.com experience and bill pay workflow
    Does anyone here have experience with plooto.com? It looks like bill.com but much more affordable. I would only be using it for bill pay, not accounts receivable. I would appreciate any testimonial, good or bad. Source: over 2 years ago

What are some alternatives?

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

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

Sage 50cloud - Sage 50cloud is the small business solution for everyday heroes. Plus, new customers enjoy 40% off!

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

LessAccounting - Small business accounting software from Less Everything, because your job title isn't accountant! Accounting software features: invoicing, proposals, CRM and more.

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.

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