Openpay vs TransferWise: What are the differences?

## Introduction
Key differences between Openpay and TransferWise are outlined below.

1. **Fees and Exchange Rates**: Openpay charges a flat fee for each transaction, while TransferWise uses real exchange rates with a small transparent fee.
2. **Supported Countries**: TransferWise operates in more than 70 countries, offering a wider reach compared to Openpay which has a more limited geographical presence.
3. **Transfer Speed**: TransferWise usually completes transfers within 1-2 days, whereas Openpay can have longer processing times depending on the payment method.
4. **Payment Methods**: Openpay primarily focuses on installment payments and credit solutions, whereas TransferWise specializes in low-cost international money transfers.
5. **Customer Support**: TransferWise provides excellent customer support through various channels, while Openpay's customer service may vary in quality and responsiveness.
6. **Business Focus**: Openpay targets both individual consumers and businesses for financing solutions, whereas TransferWise primarily serves individuals and small businesses for international transfers.

In Summary, the key differences between Openpay and TransferWise lie in their fee structures, global reach, transfer speeds, payment methods, customer support, and business focus.