e& money
7.7#16 in money transfer appsFrom 23.81 AED a monthFree planAndroidiOS
Visite& money vs Wise
What both publish
| Fact | e& money | Wise |
|---|---|---|
| Exchange-rate model | markup | mid_market |
| 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. |
| Upfront fee display | Yes | Yes |
e& money plans
- StandardFree
- Plus23.81 AED a month
- Premium42.86 AED a month
- e& money accountFree
Wise plans
- Wise personal account and transfersFree
Pick e& money if…
You want what its maker publishes above — check its page for the details.
Pick Wise if…
Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.