PayPal, in contrast, charges a 1.50% international business payments fee in addition to the standard fee (2.89% and up). Wise business members pay a fixed fee of $1.40 to send money. That alone makes this perhaps the best PayPal alternative around. Compare that to $5 per transaction fee for a personal international bank transfer with PayPal payments. To send $100 USD to Europe using Wise’s personal account, I’d pay $0.16 in bank/debit card fees, plus a $0.96 Wise fee. There are bank fees and Wise fees, but they are minimal. Right there, it shows how much I’ll pay for a monthly fee. I just have to enter how much I want to send in USD, then choose the currency of the receiving party. Wise is custom-built for any international payment or money transfer you want to make. You can send money to consumers in 51 countries, with new currencies added on an ongoing basis. There are plenty of apps to help you split the cost of a pizza with your buddies, but what about your international friends? Wise, formerly TransferWise, helps with that. ![]()
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