Wise VS Xero

Wise

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

Xero

Xero is online accounting for your small business.

Landing page //
2023-09-02

Landing page //
2023-10-19

Categories	Online Payments Money Transfer International Money Transfers Currency Exchange
Website	wise.com
Pricing URL	-
Details $	-

Categories	Accounting Small Business Bookkeeping Finance Accounts Receivables
Website	xero.com
Pricing URL	Official Xero Pricing
Details $	paid Free Trial $9.0 / Monthly (Send 5 invoices and quotes / Enter 5 bills)

Wise videos

+ Add

TransferWise Review - 3 Must Knows (2020)

Xero videos

+ Add

Xero vs QuickBooks Online 2019

Category Popularity

0-100% (relative to Wise and Xero)

Xero

Online Payments

100 100%

Online Payments

0% 0

Accounting

0 0%

Accounting

100% 100

Money Transfer

100 100%

Money Transfer

0% 0

Bookkeeping

0 0%

Bookkeeping

100% 100

User comments

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

Reviews

These are some of the external sources and on-site user reviews we've used to compare Wise and Xero

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

Xero Reviews

Top 9 NetSuite Alternative Software for Professional Services

Xero offers an accessible, intuitive user experience suitable for smaller companies. However, certain reviewers have noted that the pricing points can be high for the tool’s value. As Xero doesn’t provide end-to-end project management support, investing in a unified platform with Xero integration is something you can consider.

Source: productive.io

5 Best Alternatives to QuickBooks Accounting Software

Easy-to-use dashboard: Both QuickBooks Online and Xero have intuitive dashboards that present all relevant data, including cash flow from all banks. While QuickBooks takes a more sophisticated approach to this, Xero’s style is more streamlined.

Source: www.businessnewsdaily.com

The 8 Best QuickBooks Alternatives for Small Businesses

While both QuickBooks and Xero allow for app integration, Xero goes above and beyond with more than 700 app integrations, extending the basic functionality of the application considerably. Apps are available in numerous categories including CRM, e-commerce, time tracking, practice management, payroll, and point of sale.

Source: www.fool.com

7 Best QuickBooks Alternatives for Small Businesses

Xero has three pricing tiers and all of them support unlimited users. If you’re a super small business, the Early plan at $12/month may work for you — just keep in mind you can only enter up to five bills and 20 invoices. However, most small businesses quickly outgrow this package and move up to the $34/month Growing plan. More complex businesses that deal with multiple...

Source: www.fundera.com

20 best accounting software tools

Xero is a free cloud-based online accounting software aimed at small and midsize businesses – it offers an easy way to handle your transactions and run your business.

Source: clockify.me

Social recommendations and mentions

Based on our record, Wise seems to be a lot more popular than Xero. While we know about 24 links to Wise, we've tracked only 1 mention of Xero. 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: 10 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

Xero mentions (1)

I would like some input on accounting software
Thanks, will you be able to sign me up on South African packages as well? The naming scheme and pricing is different for xero.com/us and xero.com/za. Source: over 2 years ago

What are some alternatives?

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

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

FreshBooks - The ideal accounting software for small business owners.

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

QuickBooks Online - QuickBooks Online is a Cloud Accounting for small business that can be used on iPad, mobile phone or computer to do invoicing, billing, run reports, or even pay employees online.

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

QuickBooks - Business runs better with QuickBooks, the #1 accounting solution for small business.

Wise vs Bill.com

Wise vs FreshBooks

Wise vs Zoho Invoice

Wise vs QuickBooks Online

Wise vs The Invoice Machine

Xero vs QuickBooks Online