Apple Pay vs. Wise

If you accept payments while selling goods and services, Apple Pay can help you speed up the payment process while securely accepting payments. Since there is no need to stick a card into a machine, users won't have to fumble looking for a card when they can put their whole wallet on Apple Pay and check out easily.

Incentivized

Transferwise it is great for transferring money across countries (never for transfers within the same country) and when the countries in question use different currencies. It is very quick, especially if the amount is not big. For larger amounts, it would take longer so it would be good only if you are not time-constraint.

Incentivized

• The double click which launches it couldn't be easier; you don't even have to open your phone and find the app.
• It's pretty much fool proof from there, as just holding your phone near the reader is sufficient for success.
• Haptic feedback ensures that I know the payment registered.
• I have full faith and confidence that the transaction was executed securely.

Incentivized

• Quick - because funds are transferred domestically, even when going international, you don't have to wait long.
• Easy - the printout of what information I needed to give the sending bank was complete and easy to understand.
• Affordable - the fees on both ends were minimal.

Incentivized

• At times, my Apple Pay will pop up unintentionally. Perhaps there can be more safeguards around that.
• Apple Pay is not super great if I need to make a return. For any return, I've found that paper receipts are superior.
• Apple Pay sometimes requires very specific positioning when scanning the phone, which is frustrating.

Incentivized

• TransferWise (at the time of this review) does not allow one to transfer money to all kinds of business accounts. This can be a limitation for people who want to use it as a way to pay directly for goods and services.
• Sometimes it has problems with some credit cards. But the most popular types are accepted without problems.
• TransferWise accepts fewer currencies than other services. But it seems like this is a temporary problem, and the company is making efforts to support transferences to all of the currencies.

Incentivized

It's now a standard.

Incentivized

Love the simplicity, i think it's a good way of getting apple-lovers to purchase things from the palm of their hand

Incentivized

We haven't really had to engage with TransferWise support. The platform is simple and easy to use.

Incentivized

When I had my Android/Samsung phone, I tried Samsung's version of Apple Pay and it was terrible. It was very glitchy, and sometimes I would get a notification that I paid for something when I wasn't even in a checkout screen, like I was just browsing the internet or something and I'd get a notification! It was alarming and I quickly uninstalled the app and never used it again.

Incentivized

Apple Pay has high fees and hidden charges, not easy to use and it does not really support enterprises. It is also not regulated by MAS so we don't feel safe using it. Transferwise account was easy to set up (within minutes), the admin fee is low and the pricing is very transparent (no hidden fee). Lastly, we needed a platform which is safe to use and we are happy to know that Transferwise is regulated by the MAS of Singapore.

Incentivized

• Able to provide employees with digital company cards.
• Convenient tracking of money spent.
• Caring for others in our workplace and community through gifts and purchases.

Incentivized

• We can save around 5% on our transfer fees
• The online account management is easier than going into banks personally
• There's no negative impact...