Wise vs Paysend - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Wise and Paysend have emerged as leading choices. Both Wise and Paysend online platforms offer efficient and cost-effective and secure international money transfers from Wise and Paysend.

We compare Wise vs Paysend into the unique features and benefits that distinguish Wise vs Paysend, empowering you to make an informed decision based on your specific transfer needs like Wise vs Paysend fees, currencies available, available payment methods on Wise compared to Paysend, support options offered by Wise vs Paysend, speed and more.

Wise vs Paysend: Quick Feature Comparison

  1. Visit Wise alternative Wise Visit Wise

    Used By: 11000000
    Currencies Available: 54
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$1,000,000 (varies based on currency)
    Year Founded: 2011

  2. Visit Wise alternative Paysend Visit Paysend

    Used By: 4000000
    Currencies Available: 167
    Transfer Fees: 2$
    Payment Methods: MC, Visa, debit card, credit card, prepaid card
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 1000 USD
    Year Founded: 2017

Wise vs Paysend: Pros and Cons

Wise vs Paysend
Advantages

Wise Advantages Paysend Advantages
  • Wise has been serving clients for over 13 years
  • Wise is well rated among clients.
  • Wise is available internationally.
  • Wise has multiple currency options.
  • Wise provides phone customer support.
  • Wise provides email customer support.
  • Wise is available to iOS Apple device users.
  • Wise is available to Android mobile device users.
  • Paysend boasts a high rating for sending money.
  • Paysend operates in numerous international countries.
  • Paysend offers an extensive range of currency options for money transfers.
  • Paysend provides phone support.
  • Paysend offers registered customers email support.
  • Paysend has a Apple iOS app on Apple app store.
  • Paysend offers a Android Google Play Store mobile app.

Wise vs Paysend
Disadvantages

Wise Disadvantages Paysend Disadvantages
  • Wise has no PayPal support.
  • Wise has no Neteller payments support.
  • Wise has no Skrill payment support.
  • Wise does have a mobile digital wallet like some others.
  • No home delivery with Wise.
  • No cash pickups with Wise.
  • No money order support with Wise.
  • No live chat support with Wise.
  • Paysend has no PayPal option.
  • Paysend has no Neteller option.
  • Paysend has no Skrill option.
  • No digital wallets with Paysend.
  • No Paysend home delivery.
  • No Paysend Cash pickups.
  • No Paysend money order option.
  • No Paysend Livechat.

Wise vs Paysend Fees and Other Costs

Fee type Wise Fees Paysend Fees
Transfer Fees 0.5%-1% 2$
Min Transfer US$1.00 none
Max Transfer US$1,000,000 (varies based on currency) 1000 USD
Payment Methods Bank transfer, debit card, credit card, SOFORT transfer MC, Visa, debit card, credit card, prepaid card
Currencies AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW AED, AFN, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTC, BTN, BWP, BYN, BYR, BZD, CAD, CDF, CHF, CLF, CLP, CNY, COP, CRC, CUC, CUP, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ERN, ETB, EUR, FJD, FKP, GBP, GEL, GGP, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, IMP, INR, IQD, IRR, ISK, JEP, JMD, JOD, JPY, KES, KGS, KHR, KMF, KPW, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, LTL, LVL, LYD, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SDG, SEK, SGD, SHP, SLL, SOS, SRD, STD, SVC, SYP, SZL, THB, TJS, TMT, TND, TOP, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, WST, XAF, XAG, XAU, XCD, XDR, XOF, XPF, YER, ZAR, ZMK, ZMW, ZWL

Wise vs Paysend Restricted Countries

Wise Country Restrictions

North Korea

Paysend Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Wise vs Paysend Transfer Speeds

Transfer Speed Wise Paysend
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Wise vs Paysend Languages

Wise Supported Languages

English, French, German, Hungarian, Japanese, Polish, Portugese, Romanian, Russian, Spanish, Turkish

Paysend Supported Languages

English, Chinese, Spanish, Russian, Ukranian, German, French, Italian, Polish, Romanian, Czech, Turkish, Uzbek, Hindi, Indonesian

Wise vs Paysend Verdict - Which is better?

Which is best out of Wise and Paysend depends on your needs.

  • Wise vs Paysend Transfer Fees: Transferring money with Wise costs 0.5%-1% while Paysend charges 2$.
  • Wise vs Paysend Supported Currencies: Wise deals in over 1, where as Paysend offers transactions in 1.
  • Wise vs Paysend Payment Methods: Wise accepts Bank transfer, debit card, credit card, SOFORT transfer, while Paysend allows transactions via MC, Visa, debit card, credit card, prepaid card.
  • Wise vs Paysend Transfer Limits: Wise allows transfers between US$1.00 and US$1,000,000 (varies based on currency). Paysend's range is none to 1000 USD.
  • Wise vs Paysend Minimum Age for Account Creation: Wise requires users to be at least 18 years old, where as Paysend has a minimum age requirement of 18.
  • Contact Number: You can reach Wise at 44 20 7033 0296 and Paysend at 442072877815.
  • Wise vs Paysend Countries of Operation: Wise operates in over 1 countries but has restrictions in over 1 countries. Paysend serves 1 countries and restricts operations in 1 countries.
  • Wise vs Paysend Client Base: Wise is used by 11,000,000, where as Paysend serves 4,000,000.
  • Wise vs Paysend Year Founded: Wise was established in 2011 and Paysend began its operations in 2017.
  • Wise vs Paysend Customer Rating: Wise holds a rating of 4, in contrast, Paysend has a rating of 3.
  • Wise vs Paysend Headquarters: Wise has its headquarters at London, UK, while Paysend is based at London, UK.
  • Wise vs Paysend Employee Count: Wise employs 2,243 individuals, where as Paysend has a team of 120.
  • Wise vs Paysend Estimated Annual Turnover: Wise turnover stands at 27000000, while Paysend boasts a turnover of 10900000.
  • Wise vs Paysend Founder: Wise was founded by Venkatesh Saha, holding the position of CEO. On the other hand, Paysend was the brainchild of Abdul Abdulkerimov, currently holding the position of Founder & Executive Chairman.
  • Wise vs Paysend Supported Languages: Wise offers support in over 1 languages. Paysend communicates in 1.

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Wise vs Paysend Alternatives Guides

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Screenshots

Wise Screenshot

Wise Screenshot

Paysend Screenshot

Wise Screenshot