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It's a split decision.
Choose Trustly if you’re a merchant adding Pay by Bank payments, recurring collections, payouts or customer checks; its merchant pricing is quote-only. Choose Wise Business if you need an international business account to send money and receive payments in 40+ currencies. Wise lists $0 monthly subscriptions, but transfers start at 0.23%, and Advanced has a $31 setup fee. Neither source publishes seat pricing or support terms, so compare those directly before switching.
01Side by side
| Trustly | Wise Business | |
|---|---|---|
| Starting price | Custom quote; merchant pricing not published | $0/month; transfers from 0.23% |
| Free plan | No free plan listed | Yes: $0 monthly subscription |
| Best for | Merchants adding Pay by Bank payments | Businesses sending and receiving internationally |
| Core strength | Direct payments, recurring billing, payouts | International transfers; receive in 40+ currencies |
| Learning curve | Not published | Not published |
| Integrations/data | Direct API or PSP access; Open Banking/KYC data | Accounting software connections |
| Team/seat costs | Seat pricing not published | Seat pricing not published; $0 monthly subscription |
| Support | Review support score: 5 | Review support score: 3 |
Trustly Choose Trustly if
- Choose Trustly if you’re a merchant adding direct bank payments.
- Choose Trustly if recurring payments and payouts matter.
- Choose Trustly if you need Open Banking or KYC data services.
Wise Business Choose Wise Business if
- Choose Wise Business if you send international business payments.
- Choose Wise Business if you receive payments in 40+ currencies.
- Choose Wise Business if a $0 monthly subscription suits your needs.
02Pricing compared
Trustly does not publish merchant prices. Its pricing is custom and provided through a direct sales quote, so you cannot compare its processing cost with Wise from public pricing alone. Ask Trustly for fees tied to your payment types, volume and integration before switching.
Wise Business lists $0 monthly subscriptions for Essential and Advanced, but transfers are not free: sending and converting money starts at 0.23%. Advanced also has a $31 one-time setup fee. Essential includes batch payments of up to 1,000 international payments; Advanced lists the same limit and charges $6.11 to receive USD wire and Swift payments. Wise also lists ATM fees above $250 per calendar month at $1.95 plus 1.95%. Annual pricing is not published. The better cost fit depends on your payment volume and the fees that apply to your transactions.
03Features and depth
These products solve different problems. Trustly is for businesses adding Pay by Bank payment flows: direct payments, recurring collections, deposits, payouts and customer verification. It connects merchants and consumers through bank transfers, with direct API integration or access through payment service providers. Its listed products also include customer data services using Open Banking and KYC data, instant payouts to customer bank accounts across borders in Europe, and Trustly Azura, a data engine designed to speed checkout and improve conversion.
Wise Business is an international business account for sending, receiving and managing money. Wise says businesses can get paid in 40+ currencies, send international payments, use a multi-currency business card, manage team finances and connect accounting software. Its plans list batch payments up to 1,000 international payments. The published Wise information also lists receiving interest as a feature. Choose Trustly to add bank-payment options to a merchant checkout or collection flow; choose Wise to manage business funds and international transfers. They are not direct substitutes.
04Ease of use and learning curve
The sources do not provide onboarding steps, setup times or training requirements, so there is no solid basis to call either product easier to implement. Trustly offers direct API integration or access through payment service providers; the API route may require technical work, but the published material does not specify what that involves.
Wise is described as a business account for sending, receiving and managing money, with team-finance tools and accounting connections. That may be a closer fit for routine account use than a merchant payment integration, but the source does not document the setup process. The review scores give both products a 6 for ease of use. Compare your required workflows and ask each provider about onboarding and support before switching.
Questions people ask
Is Trustly Inc safe?
The published information describes Trustly’s Pay by Bank and customer-data services, but does not provide security certifications, incident history or enough detail to assess safety. We would ask Trustly about safeguards, liability and dispute handling for your specific payment flow before adopting it.
Is it better to have a personal or business account?
Choose based on how you use the money. Wise Business is described as an account for business payments, receiving funds in 40+ currencies, team finances and accounting connections. The published sources do not compare Wise personal and business accounts, so check their current terms for your needs.
Is Wise a better option than PayPal?
The published information does not cover PayPal, so it is not enough to rank the two. Wise Business lists international transfers and receiving payments in 40+ currencies, with sending and conversion from 0.23%. Compare PayPal’s current fees and features for your countries and payment types.
Is the Wise app safe?
The published Wise information does not describe app security or provide enough detail to assess its safety. The review summary flags reports of account-access problems, but gives no specifics. Check Wise’s current security information and ask how account recovery and access issues are handled before relying on it.