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Wise VS Statrys

Compare Wise VS Statrys and see what are their differences

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  2. » Videos
  3. » Reviews
  4. » Alternatives

Wise logo Wise

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

Statrys logo Statrys

Statrys is a payments services platform that offers a fully digital business accounts, FX Trading Accounts, and Local Currency accounts to Small Businesses.
  • Wise Landing page
    Landing page //
    2023-09-02
  • Statrys Landing page
    Landing page //
    2023-05-06

A virtual business account that fits your needs as you go global. Get a multi-currency account so you can receive and send money in 11 different curencies. Boost your payment options with Mastercard® payment cards, IBAN accounts and bank-beating FX rates. With Statrys, you don't have to pay high fees or deal with the headache of a local bank. Everything you need is right at your fingertips without any extra hassle!

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.

Statrys features and specs

  • Multi-Currency
  • Customer Support
  • Online Access
    100%
  • Payments
  • Bank Account

Wise videos

+ Add

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Statrys videos

+ Add

The Statrys Business Account

More videos:

  • Review - STATRYS
  • Review - Virtual Banking in Hong Kong | Teaching an Old City New Tricks - Statrys

Category Popularity

0-100% (relative to Wise and Statrys)

Wise

Statrys

Online Payments
99 99%
Online Payments
1% 1
Payment Platform
94 94%
Payment Platform
6% 6
Money Transfer
99 99%
Money Transfer
1% 1
Billing & Invoicing
100 100%
Billing & Invoicing
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 Statrys

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.
Source: www.withparallax.com
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...
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

Statrys Reviews

  1. Peter
    · NA at NA ·
    Reliable & User-friendly

    I opened an account with Statrys a few months ago, and the experience has been excellent. User-friendly platform, fast payment, reliable, transparent pricing. On top of this, the customer service is very efficient.

Social recommendations and mentions

Based on our record, Wise seems to be a lot more popular than Statrys. While we know about 24 links to Wise, we've tracked only 1 mention of Statrys. 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

Statrys mentions (1)

  • I'm the marketing director for a $5MM ARR SaaS startup. I've got some time to kill. Do you have any marketing questions about your startup?
    I'll be happy to get some of your feedback on https://statrys.com/. Source: about 3 years ago

What are some alternatives?

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

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

TweetyAI - Write down your Twitter username and generate your next tweet.

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

Airwallex - Airwallex offers international payments solution for businesses of all shapes and sizes.

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

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

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