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Wise VS Veem

Compare Wise VS Veem and see what are their differences

Wise

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

Rating
0 reviews
Alternatives Is it good?
Veem

Simple way to Pay & Get Paid - Send money around the world with just an email address.

Rating
0 reviews
Alternatives Is it good?
meetergo
GDPR-compliant meeting scheduling hosted in Germany. Booking pages, built-in video calls, lead routing, CRM and payments in one tool, with all data stored in Frankfurt and a data processing agreement (DPA/AVV) included. sponsored

Which is more popular?

Based on our record, Wise should be more popular than Veem. It has been mentioned 24 times since March 2021.

social mentions
24 vs 3
Online Payments popularity
99% vs 1%
alternatives listed
240+ vs 30

Base details

Website, pricing, platforms and company facts side by side.

Wise
Veem
Website wise.com veem.com
Pricing —
Official pricing
Platforms —
Web Browser Cloud
Company Startup from the United Kingdom —
Listed in
Online Payments Money Transfer International Money Transfers Currency Exchange +1
International Money Transfers Money Transfer Business Wire Transfers Online Payments +1

About Wise and Veem

In their own words, as submitted to SaaSHub.

Wise
Veem

No description of Wise yet.

Veem simplifies the way businesses send and receive funds globally. Trusted by more than 400,000 businesses in over 100 countries, Veem offers a suite of payment services to establish and strengthen partner and supplier relationships. Veem’s secure, trackable transactions combined with seamless...

Read more about Veem

Features and specs

What each product offers, as listed by its team.

Wise 6 features
Veem 0 features
  • 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

  • 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.

No features have been listed yet.

Analysis

An editorial look at what each product does well and who it suits.

Wise
Veem

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.

No analysis of Veem yet.

Videos

Walkthroughs and reviews on video.

Wise 3 videos + Add
Veem 5 videos + Add

TransferWise Review - 3 Must Knows (2020)

More videos

  • - TransferWise in detail
  • - Transferwise Review

Veem Low Cost International Business Money Transfers

More videos

  • - What is Veem?
  • - Veem Payments Review | Wire Transfer Solution
  • - HOW TO GET PERSONAL LOANS WITH VEEM: $50,000 LOAN FROM VEEM! NO CREDIT CHECK REQUIRED! | TEAM TIGGIO
  • - VEEM REVIEW 2021

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Wise
Veem
99% 99%
Online Payments
1% 1%
99% 99%
Money Transfer
1% 1%
100% 100%
Billing & Invoicing
0% 0%
0% 0%
International Money Transfers
100% 100%

User comments

Share your experience with using Wise and Veem. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Wise no reviews yet
Veem no reviews yet

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We have no reviews of Veem yet. Be the first one to post

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Wise 24 mentions
Veem 3 mentions
  • 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... Source: over 3 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: over 3 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: over 3 years ago

View more

  • BTC Being held hostage by buyer ~ Dispute/warning
    It seems im being targeted for a veem.com scam. I initiated a trade with someone ('MissTesla') looking to buy btc using transferwise (Wise) method, had done my first trade earlier today and it was super easy. This guy says his wise has... Source: over 3 years ago
  • Veem.com scam
    Buyer wanted to pay using veem.com. While Veem itself seems to be legit be very careful! Source: over 4 years ago
  • Best bank/e-wallet for receiving funds from the US?
    Try veem.com This is what my boss uses. Around 3-4 days ang process time for it to get directly deposited to your bank account. I use BPI btw. Source: almost 5 years ago

Alternatives to Wise and Veem

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

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