Compare ProvidersFind the best payment solution for your business
Venmo Business
Social payments
PayPal's social payment platform extended for business use, popular among younger American consumers. Venmo Business enables merchants to accept payments via QR codes and online checkout, leveraging Venmo's strong brand recognition and social payment features.
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Wise Business
Business International Transfers
The business version of Wise (formerly TransferWise), offering multi-currency accounts and international transfers at the real mid-market exchange rate. Wise Business provides local account details in major currencies, batch payments, and integrations with accounting software. Ideal for businesses that frequently send or receive international payments and want transparent, low-cost FX.
Visit Wise BusinessDetailed Comparison
Side-by-side feature breakdown
1.9% + $0.10
0.4-2% (varies by currency)
3 Available
5 Available
4 Supported
7 Supported
Common Ground
Shared Regions
Shared Features
When to Choose Wise Business
Choose Wise Business if you need features like Instant Payments, or your business operates in Europe or Asia, or you want a broader feature set. With fees of 0.4-2% (varies by currency), it's ideal for businesses focused on business international transfers.
Frequently Asked Questions
What is the difference between Venmo Business and Wise Business?
Venmo Business is best for social payments, while Wise Business is best for business international transfers. Venmo Business charges 1.9% + $0.10 and Wise Business charges 0.4-2% (varies by currency). They differ in supported features, regions, and payment methods.
Which is cheaper, Venmo Business or Wise Business?
Venmo Business charges 1.9% + $0.10 while Wise Business charges 0.4-2% (varies by currency). The best value depends on your transaction volume, business type, and required features. Compare their full fee structures for your specific use case.
Can I use both Venmo Business and Wise Business together?
Yes, many businesses use multiple payment providers for redundancy, regional coverage, or to offer more payment methods. Venmo Business and Wise Business can complement each other depending on your needs.