Profee
7.5#27 in money transfer appsFree planFree planAndroidiOSWeb
VisitProfee vs Wise
What both publish
| Fact | Profee | Wise |
|---|---|---|
| Exchange-rate model | variable | mid_market |
| 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. |
| Upfront fee display | Yes | Yes |
Profee plans
- Profee transfersFree
Wise plans
- Wise personal account and transfersFree
Pick Profee if…
Profee suits people sending money internationally who want to see charges and the recipient’s amount before confirming. Its mobile wallet and virtual card may also suit users who can meet the stated address requirement.
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.