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Wise Business Reviews & Product Details - Page 5

Wise Business Overview

What is Wise Business?

TransferWise helps money transfer with cheaper international payments, manage treasury, and allows to request money from anywhere.

Wise Business Details
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Product Description

TransferWise helps money transfer with cheaper international payments, manage treasury, and allows to request money from anywhere.


Seller

Wise

Description

Wise, formerly known as TransferWise, is a financial services company that specializes in providing international money transfer services. Established in 2011, Wise aims to offer a more affordable and transparent alternative to traditional banks by offering real exchange rates with minimal fees. The platform allows customers to send money across borders seamlessly, maintain multi-currency accounts, and spend abroad using its debit card. Wise’s services cater to both personal users and businesses, supporting transactions in numerous currencies worldwide.

Recent Wise Business Reviews

Juan Carlos V.
JV
Juan Carlos V.Small-Business (50 or fewer emp.)
5.0 out of 5
"It has been such a great tool to transfer funds to my country and credit card works like charm!!"
Transfers are really easy to do and money arrives so fast
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Best Wallet"
Wise is the most user friendly virtual wallet. It’s so smooth and nice to use. I’ve been with it for 2 years already
Lazaros D.
LD
Lazaros D.Mid-Market (51-1000 emp.)
4.5 out of 5
"Service"
Wise business transfers from one currency to the other are instant, local payments on USD to USD are quick as well as payments local GBP to GBP

Wise Business Media

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89 Wise Business Reviews

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89 Wise Business Reviews
3.9 out of 5
89 Wise Business Reviews
3.9 out of 5

Wise Business Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User
U
More Options
Validated Reviewer
Review source: Organic
What do you like best about Wise Business?

As far as I know, they have the widest range of currency accounts and it's very easy to use normally. Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

All is fine as long as you don't actually listen to their emails, any direct advice they give you needs to be double checked, especially when it comes to automatic transfers.

Also, their charges are becoming eye watering if you transfer a lot of money globally. Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

It's causing me more of a headache at the moment. Review collected by and hosted on G2.com.

Verified User in Marketing and Advertising
UM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Rating Updated ()
What do you like best about Wise Business?

Transferwise sends email updates on when the money has intiated and when it would hit the bank. Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

None that I can think of. Its out HR or Finance team who mainly use them Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

It really was helpful when we would expect our paty Review collected by and hosted on G2.com.

Rick M.
RM
Director, Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Wise Business?

The process for transfer is simple and informative. The exchange rate is displayed and the approximate time needed for transfer to occur. Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

No negative occurrences have been found or experienced Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

Transferwise allows me to easy hire vendors globally and not have to worry about the problems with currency exchange. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wise Business?

Being able to schedule a payment - don't have to worry about late payments. Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

Nothing very impacting that I can think of but probably additional integrations for other platforms like PayFit. Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

Money remittances and payments were made handy with Wise's policy, fees, etc. Review collected by and hosted on G2.com.

Verified User in Financial Services
CF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Wise Business?

We can use transfer wise any any country without having any physical presence. I used it in UK region, wherein it's not easy to open a bank account from other countries due to huge documentation requirement. Transferwise made it easy to collect and remit payments. Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

Sometimes, payment processing gets delayed asking for income proof etc. which is not feasible and charges may be high at times. Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

Use banking services from anywhere in the world without having to go through tedious process. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wise Business?

Clear and transparent process, you follow what's going on at every step Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

It is not the best price available, I could do it for cheaper Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

Sending money from the UAE to Brazil easy and fast Review collected by and hosted on G2.com.

Roland T.
RT
Outbound Sales
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Wise Business?

Quick payment and low fees. Payment gets to your bank account with very low fees compared to other options. Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

Sender needs time to set up on his/her side. Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

Transferwise provides low fees in sending money internationally. Definitely one of the lowest fees in sending money with no hidden charges. You get the current exchange rate + low fees. Review collected by and hosted on G2.com.

Peter H.
PH
Director
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Wise Business?

BEWARE!! This company commits fraudulent theft of its clients money . 4 months ago they stole $30,000 of my money and will not return it. We are now liaising with legal enforcement agencies against the company Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

Theft of your money that clients deposit with them Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

Stop fraudulent behaviour Review collected by and hosted on G2.com.

Lukas v.
LV
Selfemployed
More Options
Validated Reviewer
Review source: Organic
What do you like best about Wise Business?

Good solution to send money abroad to tons of currencies – but can become expensive though. Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

The flexible fee – the more you send, the more you pay. Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

If you need to transfer money abroad Wise can be a good solution, especially for transfers below 1,000. Above you will find cheaper solutions. Review collected by and hosted on G2.com.

Verified User in Marketing and Advertising
AM
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wise Business?

Nice user interface, good support, easy setup Review collected by and hosted on G2.com.

What do you dislike about Wise Business?

Would benefit from a live chat, it is frustrating that their costs to hold certain currencies frequently change

We had to move a huge number of EUR from their account at short notice because they were about to start charging us a lot for holding them Review collected by and hosted on G2.com.

What problems is Wise Business solving and how is that benefiting you?

Online banking, especially multi-currency Review collected by and hosted on G2.com.