Software Alternatives, Accelerators & Startups

Wise VS Swipe

Compare Wise VS Swipe 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 ...

Swipe logo Swipe

Swipe is simple and fast GST billing software for small businesses. Manage Invoices, Quotations, Purchase Orders, Payments, Inventory at a single place. Start for free today!
  • Wise Landing page
    Landing page //
    2023-09-02
  • Swipe Landing page
    Landing page //
    2023-04-25

Welcome to the future of billing with Swipe! We believe in effortless, efficient, and empowering finance management for businesses across India. Swipe is designed to revolutionize the way business owners handle invoicing and payments, making it easier than ever to stay organized and get paid on time. Take a step further with Swipe and experience the simplicity of managing your finances.

Swipe is a simple invoicing, payments & GST compliance, trusted and loved by 5L+ SMEs in India. With Swipe, we've streamlined the billing process, eliminating the headaches and complexities of invoicing. We continue beyond just creating invoices. Customize your invoices with your brand colors, choose from different invoice templates, e-Way bills, e-Invoicing, export invoices, GST reports, Online store, and much more, all within one app. Let us handle the billing while you focus on what you do best – growing your business!

Swipe is available both on the web & mobile and can be accessed from anywhere, anytime. Our team is here to assist every business every step of the way. We value your feedback and continuously strive to enhance our application based on your needs. Download Swipe Today!

With Swipe, you can,

  1. Easily Create Invoices, POS, & Estimates in less than 10 seconds.
  2. Select multiple invoice templates and customize them easily
  3. Share invoices with customers via WhatsApp and Email
  4. Collect payments using UPI (QR Codes), payment gateway, and track status
  5. Generate GST, Profit & Loss, and 30+ Reports.
  6. Manage Inventory in real-time.
  7. Record expenses easily.
  8. View business metrics & analytics
  9. Setup Online Store in 5 minutes
  10. Add multiple users & roles access.
  11. Create E-way bills on the go.
  12. Create E-Invoices in one-click
  13. Create Export invoices
  14. SMS campaigns
  15. Multilingual Customer Support.
  16. Upload unlimited Products, Customers & Vendors in bulk.
  17. Create recurring invoices, multiple price lists, POS billing with barcodes & much more!

Wise

Website
wise.com
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-

Swipe

$ Details
freemium
Platforms
Web Android
Release Date
2021 January

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.

Swipe features and specs

  • User-Friendly Interface
    Swipe offers a clean and intuitive interface, making it easy for users, especially small business owners, to manage their finances and billing without needing extensive technical knowledge.
  • Mobile Accessibility
    The platform is accessible on mobile devices, allowing users to manage their billing and invoices on the go, which is highly convenient for small business operations.
  • Comprehensive Features
    Swipe provides a wide range of features including invoicing, expense tracking, and payment processing, which cater well to the needs of small and medium businesses.
  • Integration Capabilities
    The platform supports integration with various third-party applications, enhancing its usability and allowing businesses to streamline their financial management processes.

Possible disadvantages of Swipe

  • Limited Scalability
    Swipe may not offer the advanced features required by larger enterprises, potentially making it less suitable as businesses expand.
  • Regional Availability
    The platform might have limitations in terms of geographical availability and currency support, which could affect businesses that operate internationally.
  • Subscription Costs
    While Swipe offers valuable features, the subscription costs might be a concern for startups or very small businesses operating on tight budgets.
  • Customization Limitations
    Some users might find the customization options limited compared to other more flexible billing and invoicing systems, impacting tailored business needs.

Analysis of Wise

Overall verdict

  • Overall, Wise is highly regarded as one of the top options for international money transfers. It is praised for its transparency, cost-effectiveness, and ease of use, making it a preferred choice for many users.

Why this product is good

  • Wise is considered a reliable and efficient service for international money transfers due to its transparent fee structure and competitive exchange rates. The platform uses a mid-market exchange rate with no hidden fees, making it a popular choice for individuals and businesses looking to transfer money across borders. Additionally, Wise is known for its user-friendly interface and fast transfer speeds.

Recommended for

  • Individuals needing to send money abroad frequently.
  • Expats living in foreign countries who need to transfer money to home accounts.
  • Freelancers and remote workers receiving payments from international clients.
  • Businesses conducting international transactions.

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Swipe videos

Create Invoice in just 10 Seconds!

Category Popularity

0-100% (relative to Wise and Swipe)
Online Payments
100 100%
0% 0
Accounting
0 0%
100% 100
Money Transfer
100 100%
0% 0
Billing & Invoicing
94 94%
6% 6

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 Swipe

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

Swipe Reviews

The 13 Best Presentation Apps in 2018
Already have things you want to put into your presentation—a PDF report, YouTube or Vimeo video, image, GIF, or a text outline? Swipe can turn those into a presentation in seconds. Drag your files into the editor and Swipe will add each to their own slide. Add a Markdown-formatted text file—or add a new Markdown slide manually and type in your text—for a quick way to turn...
Source: zapier.com

Social recommendations and mentions

Based on our record, Wise seems to be more popular. 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

Swipe mentions (0)

We have not tracked any mentions of Swipe yet. Tracking of Swipe recommendations started around Apr 2023.

What are some alternatives?

When comparing Wise and Swipe, 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.

InvoiceTemple - Generate invoices online for free with our easy-to-use invoice generator. Perfect for businesses and freelancers. Try our Free Invoice Generator Online today!

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

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

Vyapar - Vyapar is a free GST billing and accounting platform that handles the invoicing queries with the help of an inventory management system.

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