Compare Stripe and TransferWise

Comparison

Stripe Logo

Stripe

Millions of businesses of all sizes—from startups to large enterprises—use Stripe’s software and APIs to accept payments, send payouts, and manage their businesses online. Find out more

TransferWise

TransferWise is an online money transfer service that helps you save money on international transfers. It offers low fees, fast transfers, and 24/7 customer support. Transfer money quickly and securely with TransferWise. Find out more
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Why you should consider it
  • 135+ currencies and payment methods
  • 250+ Million API requests per day
  • Supported in 35+ countries
  • TransferWise has over 7 million customers worldwide
  • TransferWise has saved customers over $4 billion in bank fees
  • TransferWise is 8x cheaper than banks on average
What are the benefits?
  • Great API capability and uptime
  • Easy Setup
  • Fast Transfers
  • Low Fees
  • Secure Payments
Things to look out for
  • Chargeback risk
  • Limited dispute resolution
  • Limited support options
  • Payment processing fees
  • Exchange Rate
  • Fees
  • Limits
  • Timeframe
Who is it for?
  • Accountants
  • Accounting Firms
  • Branch Managers
  • Cloud Architects
  • Computer Programmers
  • Contact Centre Teams
  • Customer Service Managers
  • DevOps Engineers
  • Finance Managers
  • Health and Fitness Instructors
  • Healthcare Workers
  • Hotel Managers
  • Hotel Receptionists
  • Technology Providers and Consultants
  • Management Consultants
  • Non-Profit Organisations
  • Operations Managers
  • Retail Businesses
  • Sales and Marketing Teams
  • Sales Managers
  • Savvy Individuals
  • Small Business Owners
  • Software Engineers
  • Startup Companies
  • Leisure, Travel & Tourism Industry
  • Travel Agents
  • Web Designers
  • Web Developers
  • Expats
  • Freelancers
  • International Students
  • Online Sellers
  • Small Business Owners
  • Travelers
Features

Accountants

Stripe

Millions of businesses of all sizes—from startups to large enterprises—use Stripe’s software and APIs to accept payments, send payouts, and manage their businesses online.

Help & Support

What is Stripe?
Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use our software to accept payments and manage their businesses online.
What countries does Stripe operate in?
Stripe is available in over 40 countries, including the United States, Canada, Australia, and most of Europe. For a full list of supported countries, please visit the Stripe website.
What types of payments can I accept with Stripe?
Stripe supports a wide variety of payment methods, including credit and debit cards, Apple Pay, Google Pay, and various local payment methods. You can also accept payments in multiple currencies with Stripe.
Is Stripe secure?
Yes, Stripe takes security very seriously and uses advanced security measures to protect your data and transactions. Stripe is also certified as a PCI Level 1 Service Provider, which is the highest level of certification available in the payments industry.
What fees does Stripe charge?
Stripe charges a processing fee of 2.9% + 30 cents per successful transaction for businesses in the United States. Fees may vary for businesses in other countries. Stripe also offers custom pricing for businesses with high transaction volumes.
Does Stripe offer support?
Yes, Stripe offers 24/7 support via email and chat. They also have an extensive online help center with articles, guides, and tutorials to help you get started with Stripe.
Can I use Stripe with my existing website or platform?
Yes, Stripe offers a variety of integration options, including plugins for popular website builders like WordPress and Shopify, as well as APIs for custom integrations. Stripe also has a mobile app for managing your payments on the go.
How long does it take to set up Stripe?
Setting up Stripe is quick and easy. You can create an account and start accepting payments in just a few minutes. However, depending on your business and the level of customization you require, it may take longer to fully integrate Stripe into your website or platform.

TransferWise

TransferWise: A Summary


TransferWise is an online money transfer service that allows users to send money abroad quickly, securely, and at a fraction of the cost of traditional banks.

It is ideal for individuals and businesses who need to send money abroad, as it offers competitive exchange rates and low fees.

Key Benefits and Features

Who Should Use TransferWise?


TransferWise is ideal for individuals and businesses who need to send money abroad.

It is especially useful for those who need to make frequent international payments, as it offers competitive exchange rates and low fees.

How Does TransferWise Compare to Its Competitors?


TransferWise is one of the most popular online money transfer services, and it is often compared to other services such as PayPal, Western Union, and MoneyGram.

TransferWise offers competitive exchange rates and low fees, making it a cost-effective option for those who need to send money abroad.

Additionally, TransferWise offers a secure and easy to use online platform, as well as 24/7 customer support and multiple payment options.

Help & Support

How long does it take for a transfer to arrive?
The time it takes for a transfer to arrive depends on the country you are sending to. Generally, transfers take 1-3 business days to arrive.
What currencies can I send with TransferWise?
TransferWise supports over 50 currencies, including USD, GBP, EUR, AUD, CAD, and more.
Is TransferWise secure?
Yes, TransferWise is secure. All transfers are protected by 256-bit encryption and are monitored 24/7 for suspicious activity.
Do I need to open an account to use TransferWise?
Yes, you need to open an account to use TransferWise. It's free and easy to open an account, and you can start sending money right away.
How does TransferWise work?
TransferWise works by using the real exchange rate to convert your money and send it to the recipient's bank account. This means you get more money for your money, and the recipient gets the exact amount you sent.
What is TransferWise?
TransferWise is a fast, easy and secure way to transfer money internationally.

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