Profee vs Wise
Profee
profee.com
Wise
wise.comSide by side
| Figure | Profee | Wise |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Money Transfer Apps | 8.4 (#22) | 8.9 (#5) |
| Exchange-rate model | variable | mid_market |
| Upfront fee display | Yes | Yes |
| Free plan | No | Yes |
| Headquarters | Nicosia, Cyprus | London, United Kingdom |
| Mobile platforms | both | The Wise app is available for iOS through the Apple App Store and for Android through Google Play. |
| Payment methods | Depending on the transfer, payment options may include Visa or Mastercard, Apple Pay, Google Pay, and Profee Wallet. | The app says users can fund transfers with Apple Pay, Google Pay, a debit or credit card, or a bank transfer. |
| Regulation | Sibilla Solutions Ltd, which operates Profee, is regulated as an Electronic Money Institution by the Central Bank of Cyprus. | 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. |
| Security | Profee lists PCI DSS Level 1 certification, end-to-end encryption, GDPR compliance, 3DS for card payments, and online fraud monitoring. | Wise says it safeguards customer money separately from its own and uses two-step authentication to protect accounts and transactions. |
| Support | Support is available via in-app chat, email, or phone on business days from 9:00 to 19:00 UTC+03:00. | Wise says its customer support is available by email, live chat, and phone, 24/7 in English and in 14 other languages. |
| Transfer speed | Profee says 95% of transfers arrive within a few minutes, with timing dependent on payment and receipt methods. | 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
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.