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Braintree vs TransferWise: What are the differences?
What is Braintree? Accept payments in your app or website today. Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today.
What is TransferWise? An online account that lets you send money, get paid, and spend money internationally. It bypasses pricey international payments entirely by using two local transfers instead of one international transaction. If you want to convert your pounds to euros, you send the money in pounds to its UK-based account.
Braintree and TransferWise can be categorized as "Payment Services" tools.
Some of the features offered by Braintree are:
- Simple pricing with no minimums- Pay only for what you use, with no minimum monthly volume, at the simple US pricing rate of 2.9% + $.30 per transaction.
- An API developers love- Integrate your app with our API over a cup of coffee.
- We support your business model- Subscriptions or one-off, mobile or web, local or global, our platform adapts.
On the other hand, TransferWise provides the following key features:
- Invite friends to TransferWise
- Send us verification documents
- Set up Amount Lock transfers on available currency routes
Stripe was made with developers in mind first so the extensibility of it is great! This makes it very easy for us to integrate and automate as much as we need with its APIs and SDK. It allows a lot of customization of exactly what we need to build our applications. They also manage all of our customers from a tax and accounting perspective which makes it easy from a business standpoint.
Pros of Braintree
- Well-designed api25
- Developer friendly18
- Easy setup17
- Reliable14
- Excellent documentation6
- Great support4
- Can use paypal and debit card3
- Test it without obligation, great SDK/API and prices2
- Great API, awesome docs1
Pros of TransferWise
- Best exchange rates4
- Fast3
- API Support2
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Cons of Braintree
- Lacking documentation for mobile integrations1
Cons of TransferWise
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What is Braintree?
What is TransferWise?
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