---
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.
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title: Wise Pricing, Reviews & Features - Capterra Canada 2026
---

Breadcrumb: [Home](/) > [Payment Processing Software](/directory/30232/payment-processing/software) > [Wise](/software/1016836/wise)

# Wise

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> 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**.

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## 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 (3337 reviews)
2. [PayPal](https://www.capterra.ca/software/179251/paypal) — 4.6/5 (26408 reviews)
3. [Venmo](https://www.capterra.ca/software/182159/venmo-) — 4.7/5 (9281 reviews)
4. [Square Payments](https://www.capterra.ca/software/170278/square-payments-processing) — 4.7/5 (2686 reviews)
5. [Square Point of Sale](https://www.capterra.ca/software/154907/square-point-of-sale) — 4.6/5 (3030 reviews)

## Reviews

### "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.

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### "Awful service, lost $25,000" — 1.0/5

> **Laura** | *February 25, 2025* | Accounting Software | Recommendation rating: 0.0/10
> 
> **Pros**: Nice interface and good rates but otherwise that’s it.
> 
> **Cons**: HORRIBLE platform. Lost $25k and have been trying to get it resolved for the last 6 weeks. Their support team is useless and just keeps you in an endless circle without ever reaching a resolution. I just want my money back at. &#10;&#10;I’ve never been so disappointed with a service in my entire life. Pleas avoid them at all costs.

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### "Hidden fees galore" — 1.0/5

> **Ron** | *February 8, 2025* | Information Technology & Services | Recommendation rating: 0.0/10
> 
> **Pros**: Nothing, had to open an account in order to get a refund from Logitech.
> 
> **Cons**: Hidden fees all over the place. Got charged almost 20% in fees just to open an account.
> 
> They forced me to add funds into my account in order to open my account then charged me 16% fees for that transaction alone\!

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### "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.         &#10;                                                                                                                       &#10;      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.    &#10;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.

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### "Must-Have\!" — 4.0/5

> **Suhail** | *December 4, 2025* | Real Estate | Recommendation rating: 9.0/10
> 
> **Pros**: I liked Wise for its ease of use, quick setup, and real-time exchange rates that make transactions simple.
> 
> **Cons**: I liked least that Wise has no physical branches, which can be inconvenient when in-person support is needed.
> 
> My overall experience with Wise has been great—simple, fast, and reliable for everyday financial needs.

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## Links

- [View on Capterra](https://www.capterra.ca/software/1016836/wise)

## This page is available in the following languages

| Locale | URL |
| de | <https://www.capterra.com.de/software/1016836/wise> |
| de-AT | <https://www.capterra.at/software/1016836/wise> |
| de-CH | <https://www.capterra.ch/software/1016836/wise> |
| en | <https://www.capterra.com/p/234269/Wise/> |
| en-AE | <https://www.capterra.ae/software/1016836/wise> |
| en-AU | <https://www.capterra.com.au/software/1016836/wise> |
| en-CA | <https://www.capterra.ca/software/1016836/wise> |
| en-GB | <https://www.capterra.co.uk/software/1016836/wise> |
| en-IE | <https://www.capterra.ie/software/1016836/wise> |
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| en-IN | <https://www.capterra.in/software/1016836/wise> |
| en-NZ | <https://www.capterra.co.nz/software/1016836/wise> |
| en-SG | <https://www.capterra.com.sg/software/1016836/wise> |
| en-ZA | <https://www.capterra.co.za/software/1016836/wise> |
| fr | <https://www.capterra.fr/software/1016836/wise> |
| fr-BE | <https://fr.capterra.be/software/1016836/wise> |
| fr-CA | <https://fr.capterra.ca/software/1016836/wise> |
| fr-LU | <https://www.capterra.lu/software/1016836/wise> |

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