🆚 Venmo vs. Wise

Compare technologies based on real-world usage data *

📈 Venmo is twice as popular as Wise.
🌎 Venmo is more popular in the United States and Canada.
🌎 Wise is more popular in Brazil, the United Kingdom, and Germany.

Venmo

Wise

Type

Payment service

About

Venmo is a social payments platform owned by PayPal that lets users send, receive, and request money from friends, split bills, pay businesses online, and manage a balance in its mobile app.

It supports peer-to-peer transfers, a social transaction feed, QR code payments, mobile wallet tap-to-pay, and a Mastercard-branded Venmo Debit Card with cash-back rewards.

Wise is a money services business provider that specializes in international payments, currency conversion, and multi-currency account services for individuals and businesses, using exchange rates based on the mid-market rate and clearly disclosed fees.

It allows users to send and receive money in over 40 currencies with local bank details in selected regions, make transfers to more than 160 countries, use physical and virtual debit cards, and supports batch payments and integrations with accounting software for business accounts.

Headquarters

San Jose, California, United States

London, United Kingdom

Website

venmo.com #7,207

wise.com #231

Pricing

Sending moneyFrom Venmo, debit cards, bank accountsFree ✔️
From credit cards3%

Receiving moneyPersonal profilesFrom VenmoFree ✔️
For goods and services2.99%
Charity profiles1.9% + $0.10
Business profiles1.9% + $0.10
Tap to Pay2.29% + $0.09

Venmo MastercardIssuance feeFree ✔️
ATM withdrawalsMoneyPass networkFree ✔️
Non-MoneyPass$2.50

Cryptocurrency purchase or sale fee$1.00 - $74.992.2%
$75.00 - $200.002%
$200.01 - $1,0001.8%
>$1,0001.5%

Popularity

Determined by the number of sites using each technology.

The Venmo payment service is 1.9 times more popular than Wise.

Total websites

Market share

Payments

Popularity by country

Determined by the number of sites detected from each country.

Venmo is more popular in the United States and Canada, while Wise is more popular in Brazil, the United Kingdom, and Germany.

United States

Brazil

United Kingdom

Canada

Germany

Hungary

Japan

Ukraine

Russia

Switzerland

Awards

⭐ 9th most popular in the United States in the Donations category.
⬆️ 28th most popular in the United States in the Payments category.

🔥 18th most popular in Brazil in the Payments category.

Popularity by domain category

Determined by the number of sites in each category.

Venmo is more popular among sites focused on blogs and wiki, non-profit, advocacy and NGO, and marketing and merchandising, while Wise is more commonly used on business, software and hardware, and finance and banking sites.

Blogs/Wiki

Non-Profit/Advocacy/NGO

Marketing/Merchandising

Business

Internet Services

Education/Reference

Entertainment

Politics/Opinion

Recreation/Hobbies

Software/Hardware