Known for their competitive rates and low fees, Transferwise, the darling unicorn of the fintech world, is popular with younger users. This is evident in our review, as Transferwise has made many decisions that cater specifically to a younger demographic.
Transferwise Money Transfer App Overview
Transferwise has made themselves readily available to those using modern technology, even offering an Apple Watch app. Additionally, Transferwise users can register with Facebook, Google plus and Paypal accounts - making transfers particularly easy to facilitate, especially when compared to many of the multistep apps we reviewed.
Unique Features of Transferwise Money App
- Quick easy estimates with easy-to-read fees
- Users can send and receive funds in other currencies, including USD, GBP and EUR
- Transferwise's price comparison button compares costs to average bank
- Personal payments as well as business and charity payments can be made
- Interface is user-friendly and intuitive
Ideal Uses
The Transferwise mobile app is ideal for those making one-time business or charity payments, or those who are eager to receive quick and easy to read estimates.
The Transferwise mobile app is available on the App Store and the Play Store