--- description: Learn more about Wise pricing, benefits, and disadvantages for your business in Canada. Read verified software reviews and find tools that fit your business needs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress title: Wise Pricing, Reviews & Features - Capterra Canada 2026 --- Breadcrumb: [Home](/) > [Payment Processing Software](/directory/30232/payment-processing/software) > [Wise](/software/1016836/wise) # Wise Canonical: https://www.capterra.ca/software/1016836/wise Page: 1 / 5\ Next: [Next page](https://www.capterra.ca/software/1016836/wise?page=2) > Payment processing software that lets businesses transfer money in multi currencies to users across international countries. > > Verdict: Rated **3.8/5** by 85 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **3.8/5** | 85 Reviews | | Ease of Use | 4.0/5 | Based on overall reviews | | Customer Support Software | 3.5/5 | Based on overall reviews | | Value for Money | 3.8/5 | Based on overall reviews | | Features | 3.9/5 | Based on overall reviews | | Recommendation percentage | 70% | (7/10 Likelihood to recommend) | ## About the vendor - **Company**: Wise ## Commercial Context - **Pricing model**: (Free version available) - **Pricing Details**: Contact Wise for pricing details. - **Target Audience**: Self Employed, 2–10, 11–50, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English, German - **Available Countries**: United Kingdom ## Features - Reporting/Analytics - Transaction Monitoring ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base Software ## Category - [Payment Processing Software](https://www.capterra.ca/directory/30232/payment-processing/software) ## Alternatives 1. [Stripe](https://www.capterra.ca/software/123889/stripe) — 4.6/5 (3309 reviews) 2. [PayPal](https://www.capterra.ca/software/179251/paypal) — 4.6/5 (26301 reviews) 3. [Venmo](https://www.capterra.ca/software/182159/venmo-) — 4.7/5 (9271 reviews) 4. [Square Payments](https://www.capterra.ca/software/170278/square-payments-processing) — 4.7/5 (2672 reviews) 5. [Square Point of Sale](https://www.capterra.ca/software/154907/square-point-of-sale) — 4.6/5 (3021 reviews) ## Reviews ### "Horrible experience" — 1.0/5 > **Sonita** | *February 27, 2025* | Events Services | Recommendation rating: 0.0/10 > > **Pros**: Nothing really. It was a very difficult means of transfer. > > **Cons**: Extremely difficult platform, would not recommend. > > It was the most difficult platform to work with. Had to keep repeating the steps the first few transfers and then asking that I pay directly from the bank as a bill payment option. This worked the first time after which they started asking for more banking information and wanting to log into the bank through their portal which I found uncomfortable. Last transfer went into a loop with Wise stating they have refunded the funds back to me which I did not get. After all the hassle for over two weeks, I logged in to see what's with the funds and they have a notice there saying they have refunded the funds yet again\! This issue is still going on with no idea where the funds are, hopefully not another few weeks before I see them in my bank. ----- ### "Best for multi-currency business exchange" — 5.0/5 > **Verified Reviewer** | *April 4, 2026* | Marketing & Advertising | Recommendation rating: 10.0/10 > > **Pros**: Wise is easy to use, good fees, best on the market. MAkes my US business money coming in simple and straightforward. > > **Cons**: I wish more people knew about it and already had the app so I could transact more seamlessly. I see this as just a matter of time. I also want it to replace Stripe for me, ideally. ----- ### "Arbitrary and not accountable" — 1.0/5 > **Warren** | *March 21, 2025* | Farming | Recommendation rating: 0.0/10 > > **Pros**: Rates close being best if not the best. relative ease of use. > > **Cons**: Lack of integrity and transparency. i was sending money to family in another country for costly medical expenses, over a period of 7 months. i had phone conversations with Wise about this, sent detailed info when they asked. Then out of no where after using the service for 7 months. they froze my account and the recipient's. after that they would not take phone calls. they refused to explain or provide any reason or evidence. There is no question they are using falsehoods and simple innuendo, which they are passing to financial institutions here and abroad with so called investigations which turns up no evidence of contravening their terms of use, and acceptable practices. if you want to be open to arbitrary, untrue, and irresponsible blackballing THESE ARE YOUR PEOPLE. > > Their refusal to communicate what their actual issue is, or be willing to resolve and acknowledge their mistakes takes away any confidence i was willing to extend for handling our money. ----- ### "Beware that Wise can close your account and keep your funds before the application process is complete..." — 1.0/5 > **Reid** | *November 6, 2024* | Computer & Network Security | Recommendation rating: 0.0/10 > > **Pros**: The supposed ease and convenience of transferring funds. > > **Cons**: Poor customers service and predatory practices. > > BEWARE: Wise closed my account without notice after asking me to deposit funds to keep the application process going. They sent me an Interac e-transfer request which I used to deposit $3,000. Then they closed the account due to not meeting their community standards and kept my money. I have been fighting with them for a week trying to get the money back. Since they closed the account before returning my funds they have no record of anything and dealing with their customer support has been an absolute nightmare, have sent and received upwards of 20 emails back and forth and still don't have my funds returned. They require a bank statement showing the account name, a record of the transaction including account numbers and payment reference numbers etc. I have given them all this numerous times now but keep getting passed around and then asked for the same things again. It's an absolute drain of my time and energy. My banking institution where the funds were deposited informed me that the reference number I gave them should be the only thing they need to reverse the deposit. This has been an excruciating process that I still don't have a resolution to after 6 days and over 20 emails back and forth with their support. This should be a simple resolution. Firstly, they should not accept money from me until my account is fully approved. Secondly, they should have returned the funds before closing the account. Lastly, according to my bank, and Interac that I have spoken to, they should only require the payment reference number to reverse the transaction, especially since they initiated the closure and their policy states that they will return the funds. This has been a horrible experience and I would never recommend Wise to anyone in Canada. I don't think their agents even understand the payment systems they use. ----- ### "I like Wise" — 5.0/5 > **Kai** | *May 8, 2025* | Real Estate | Recommendation rating: 10.0/10 > > **Pros**: convineient and quick, easy to use and transfer money from payroll > > **Cons**: no interest rate earning from savings, money stay there and wasted > > fast and quick get payment dirently from wise and save exchange rate ----- Page: 1 / 5\ Next: [Next page](https://www.capterra.ca/software/1016836/wise?page=2) ## Links - [View on Capterra](https://www.capterra.ca/software/1016836/wise) ## This page is available in the following languages | Locale | URL | | de | | | de-AT | | | de-CH | | | en | | | en-AE | | | en-AU | | | en-CA | | | en-GB | | | en-IE | | | en-IL | | | en-IN | | | en-NZ | | | en-SG | | | en-ZA | | | fr | | | fr-BE | | | fr-CA | | | fr-LU | | ----- ## Structured Data