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TrueMoney vs Wise

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Wise

8.2#4 in money transfer appsFree plan
Free planAndroidiOSWeb
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What both publish

FactTrueMoneyWise
Company historyThe maker says TrueMoney began operating in 2013 and is provided by Ascend Money Group.Wise says it launched in 2011 with a vision of making international money transfers cheap, fair, and simple.
Exchange-rate modelvariablemid_market
Headquarters101 True Digital Park, Phoenix Building, 7th–8th Floor, Sukhumvit Road, Bang Chak, Phra Khanong, Bangkok, ThailandLondon, United Kingdom
IntegrationsThe site lists payment options and services including 7-Eleven, Lazada, TikTok, Netflix, Google Play, Apple Store, and Spotify.Wise says it has partnered with companies including Monzo, Bolt, and GoCardless to provide their customers international banking services.
Mobile platformsbothThe Wise app is available for iOS through the Apple App Store and for Android through Google Play.
Scheduled transfersYesYes
SecurityTrueMoney describes 3X Protection that verifies account access, detects suspicious or malware apps, and flags or blocks unusual transactions.Wise says it safeguards customer money separately from its own and uses two-step authentication to protect accounts and transactions.
SupportCustomer Care is available through 24-hour live chat and the 1240 call center.Wise says its customer support is available by email, live chat, and phone, 24/7 in English and in 14 other languages.
Transfer speedinstantOn many popular routes, transfers can arrive within one day, the same day, or instantly.
Transfer trackingYesThe app shows the list and current status of transfers users have set up.
Upfront fee displayYesYes

TrueMoney plans

No prices published.

Wise plans

  • Wise personal account and transfersFree

Pick TrueMoney 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.

Charts they share