MoneyGram
7.2#37 in money transfer appsAndroidiOSWeb
VisitMoneyGram vs Wise
What both publish
| Fact | MoneyGram | Wise |
|---|---|---|
| Company history | MoneyGram says it was founded as Travelers Express Company, Inc. in Minneapolis in 1940 and relocated its global headquarters to Dallas, Texas, in 2010. | Wise says it launched in 2011 with a vision of making international money transfers cheap, fair, and simple. |
| Exchange-rate model | markup | mid_market |
| Founded | 1940 | 2011 |
| Free plan | No | Yes |
| Headquarters | Dallas, Texas, United States | 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 | The app supports Apple Pay on iOS and Visa or Mastercard credit and debit cards; other options may vary by country. | The app says users can fund transfers with Apple Pay, Google Pay, a debit or credit card, or a bank transfer. |
| Purpose | The app lets users send money from their phone to 200+ countries and territories and track transfers in real time. | The Wise app lets people send money, receive payments from abroad, check exchange rates, pay bills, and send money to loved ones. |
| Recipient methods | MoneyGram’s online transfer page lists bank account, mobile wallet, debit card, or cash pickup as ways recipients can receive money. | bank |
| Scheduled transfers | Yes | Yes |
| Security | MoneyGram describes the app as protected by bank-level security and real-time monitoring. | Wise says it safeguards customer money separately from its own and uses two-step authentication to protect accounts and transactions. |
| Support | MoneyGram’s help page says Customer Care agents are available 24/7 by email. | Wise says its customer support is available by email, live chat, and phone, 24/7 in English and in 14 other languages. |
MoneyGram plans
No prices published.
Wise plans
- Wise personal account and transfersFree
Pick MoneyGram if…
It suits families and individuals sending money across borders who want mobile, web, tracking, recipient-saving, and multiple delivery options. It is also useful for scheduled transfers and users who need fee and exchange-rate details before sending.
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.