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Remitly: Send Money & Transfer
apps.apple.comSummary
Remitly is a global digital remittance service that allows individuals to send money internationally with competitive exchange rates and low fees. It emphasizes fast and secure transfers, offering various delivery options like bank deposits, cash pickups, and mobile wallet transfers, primarily through its mobile application.
Feature Matches5/15
See all5/15
Must Have
2 of 5
Transparent Low Fees
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Borderless Debit Card
Other
3 of 10
Mobile App
Regulatory Compliance
Customer Support
Batch Payments
API Integration
Real-Time Rate Alerts
Business Account Features
Invoice Creation
Spending Analytics
Multi-User Access
Rationale
Remitly is a direct competitor to Wise, focusing on international money transfers. The website content explicitly mentions 'great exchange rates and low money transfer fees' (transparent-low-fees), 'fast transfers with an express service that ensures funds reach the recipient within minutes' (fast-transfer-execution), and the availability of a 'Remitly app' (mobile-app). It also highlights 'multiple levels of security designed to keep you protected' and 'comply with applicable laws and regulations, such as those relating to "know-your-customer," anti-money laundering requirements, sanctions legislation' (regulatory-compliance). Furthermore, it states 'Get quick support in our Help Center, or contact us if needed. We’re here to help 24/7' (customer-support). While it offers international money transfers, it does not explicitly mention holding multiple currencies in a single account or a borderless debit card, which are key features of Wise's multi-currency account offering.
Found via App StorePaid
See allbest alternatives to competitor product 2024
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See allBest alternatives to [Product] in 2024?
Reddit·tech_enthusiast·2d ago·+142
I've been using Alternative A for 6 months now and it's been fantastic. The pricing is much better and the features are actually more robust than what [Product] offers.
Show HN: We built a better [Product]
Hacker News·startup_founder·5d ago·+89
After struggling with [Product]'s limitations, we decided to build our own solution.
It handles edge cases much better and the API is actually documented properly.
Check it out at our site.
[Product] vs Competitor B - which one should I choose?
Reddit·confused_buyer·Nov 30·+67
Honestly, after trying both, Competitor B wins hands down. Better customer support, cleaner interface, and they don't nickel and dime you for every feature.
Why we migrated away from [Product]
Hacker News·cto_mike·Nov 27·+234
The breaking point was when they changed their API without notice. We lost 3 days of productivity. Solution C has been rock solid for us since we switched.