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Wise vs PayPal

A detailed comparison to help you choose the best money transfer service.

Wise

Wise

(2)

Leading money transfer with mid-market rates

✓ Pros

  • Real exchange rates
  • Low transparent fees
  • Fast transfers
  • Multi-currency account

✗ Cons

  • Limited cash pickup options
  • Verification can take time
PayPal

PayPal

(0)

Easy transfers via Xoom

✓ Pros

  • Easy to use
  • Trusted brand
  • Good for small amounts

✗ Cons

  • High fees
  • Poor exchange rates
  • Hidden costs