e& money vs Wise
e& money
eandmoney.com
Wise
wise.comSide by side
| Figure | e& money | Wise |
|---|---|---|
| Price from | 23.81 AED/mo | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 4 | 1 |
| Spec score · Money Transfer Apps | 8.5 (#19) | 8.9 (#5) |
| Exchange-rate model | markup | mid_market |
| Upfront fee display | Yes | Yes |
| Free plan | Yes | Yes |
| Headquarters | Dubai, United Arab Emirates | London, United Kingdom |
| Mobile platforms | both | The Wise app is available for iOS through the Apple App Store and for Android through Google Play. |
| Purpose | e& money is an app for managing financial services including prepaid cards, international transfers, bill payments and gifting. | The Wise app lets people send money, receive payments from abroad, check exchange rates, pay bills, and send money to loved ones. |
| Regulation | Digital Financial Service LLC (e& money) is licensed and regulated by the UAE Central Bank to offer stored value facilities and retail payment services. | Wise states it is authorised by the UK Financial Conduct Authority for issuing electronic money and works with a local bank partner to offer inward remittance service to India with RBI approval. |
| Transfer speed | instant | On many popular routes, transfers can arrive within one day, the same day, or instantly. |
| Transfer tracking | Yes | The app shows the list and current status of transfers users have set up. |
Plans
e& money
- StandardFree
- Plus23.81 AED a month
- Premium42.86 AED a month
- e& money accountFree
In their own words
Wise
Wise is a money app for sending money, receiving payments from abroad, checking exchange rates, paying bills, and sending money to loved ones. It sends to bank accounts in over 140 countries; delivery on many popular routes is within a day, the same day, or instant. Wise says it uses the mid-market exchange rate and displays fees before payment. Signing up is free, with no subscription; sending and conversion fees vary by currency and start from 0.33%. Sending to another Wise account has no sending fee, though conversion fees may still apply. Transfers can be funded with Apple Pay, Google Pay, cards, or bank transfer. Users can track and schedule transfers, repeat previous transfers, and receive live exchange-rate notifications. Wise says it safeguards customer money separately from its own and uses two-factor authentication to protect accounts and transactions. Photo ID may be required for some currencies or large transfers. The app is available on Android, iOS, and web.