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

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

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

Wise vs WorldRemit: 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 WorldRemit Visit WorldRemit

    Used By: 5000000
    Currencies Available: 77
    Transfer Fees: 0.99$-3.99$
    Payment Methods: Bank Transfer, Debit Card & Credit Card.
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 1 USD
    Max Transfer: 9000 USD
    Year Founded: 2010

Wise vs WorldRemit: Pros and Cons

Wise vs WorldRemit
Advantages

Wise Advantages WorldRemit 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.
  • WorldRemit has been in operation for over 14 years.
  • WorldRemit boasts a high rating for sending money.
  • WorldRemit operates in numerous international countries.
  • WorldRemit offers an extensive range of currency options for money transfers.
  • WorldRemit offers home delivery services for money transfers.
  • WorldRemit allows cash pickups for money transfers.
  • WorldRemit provides phone support.
  • WorldRemit offers registered customers email support.
  • WorldRemit has a Apple iOS app on Apple app store.
  • WorldRemit offers a Android Google Play Store mobile app.

Wise vs WorldRemit
Disadvantages

Wise Disadvantages WorldRemit 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.
  • WorldRemit has no PayPal option.
  • WorldRemit has no Neteller option.
  • WorldRemit has no Skrill option.
  • No digital wallets with WorldRemit.
  • No WorldRemit money order option.
  • No WorldRemit Livechat.

Wise vs WorldRemit Fees and Other Costs

Fee type Wise Fees WorldRemit Fees
Transfer Fees 0.5%-1% 0.99$-3.99$
Min Transfer US$1.00 1 USD
Max Transfer US$1,000,000 (varies based on currency) 9000 USD
Payment Methods Bank transfer, debit card, credit card, SOFORT transfer Bank Transfer, Debit Card & Credit 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 ALL, ARS, AMD, EUR, USD, AUD, BDT, XOF, BOB, BWP, BRL, BGN, BIF, KHR, XAF, CAD, CVE, CLP, CNY, COP, CRC, HRK, CZK, DKK, XCD, DOP, EGP, ETB, FJD, GMD, GHS, GTQ, GNF, HNL, HKD, HUF, INR, IDR, JMD, KES, LAK, MGA, MWK, MYR, MXN, MAD, MZN, NAD, NPR, NZD, NGN, NOK, PKR, PYG, PEN, PHP, PLN, RON, RWF, WST, SLL, SGD, GBP, ZAR, LKR, SRD, SEK, TZS, THB, TOP, TND, TRY, UGX, AED, UYU, VND, ZMW

Wise vs WorldRemit Restricted Countries

Wise Country Restrictions

North Korea

WorldRemit Country Restrictions

Wise vs WorldRemit Transfer Speeds

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

Wise vs WorldRemit Languages

Wise Supported Languages

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

WorldRemit Supported Languages

English, Spanish, French, Dutch, Danish and German

Wise vs WorldRemit Verdict - Which is better?

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

  • Wise vs WorldRemit Transfer Fees: Transferring money with Wise costs 0.5%-1% while WorldRemit charges 0.99$-3.99$.
  • Wise vs WorldRemit Supported Currencies: Wise deals in over 1, where as WorldRemit offers transactions in 1.
  • Wise vs WorldRemit Payment Methods: Wise accepts Bank transfer, debit card, credit card, SOFORT transfer, while WorldRemit allows transactions via Bank Transfer, Debit Card & Credit Card..
  • Wise vs WorldRemit Transfer Limits: Wise allows transfers between US$1.00 and US$1,000,000 (varies based on currency). WorldRemit's range is 1 USD to 9000 USD.
  • Wise vs WorldRemit Minimum Age for Account Creation: Wise requires users to be at least 18 years old, where as WorldRemit has a minimum age requirement of 18.
  • Contact Number: You can reach Wise at 44 20 7033 0296 and WorldRemit at 442039666899.
  • Wise vs WorldRemit Countries of Operation: Wise operates in over 1 countries but has restrictions in over 1 countries. WorldRemit serves 1 countries and restricts operations in 1 countries.
  • Wise vs WorldRemit Client Base: Wise is used by 11,000,000, where as WorldRemit serves 5,000,000.
  • Wise vs WorldRemit Year Founded: Wise was established in 2011 and WorldRemit began its operations in 2010.
  • Wise vs WorldRemit Customer Rating: Wise holds a rating of 4, in contrast, WorldRemit has a rating of 3.
  • Wise vs WorldRemit Headquarters: Wise has its headquarters at London, UK, while WorldRemit is based at London (GB).
  • Wise vs WorldRemit Employee Count: Wise employs 2,243 individuals, where as WorldRemit has a team of 800.
  • Wise vs WorldRemit Estimated Annual Turnover: Wise turnover stands at 27000000, while WorldRemit boasts a turnover of 280000000.
  • Wise vs WorldRemit Founder: Wise was founded by Venkatesh Saha, holding the position of CEO. On the other hand, WorldRemit was the brainchild of Ismail Ahmed, currently holding the position of Founder & Chairman.
  • Wise vs WorldRemit Supported Languages: Wise offers support in over 1 languages. WorldRemit communicates in 1.

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Wise vs WorldRemit Alternatives Guides

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Screenshots

Wise Screenshot

Wise Screenshot

WorldRemit Screenshot

Wise Screenshot