On the off chance that you are living as an expat or are maintaining a business depending on freelancers or abroad representatives, you doubtlessly know the battle of sending cash every month and how expensive it can be the many expenses that universal cash exchanges can bring about and the currency exchange rates can undoubtedly lessen your underlying spending plan.



Numerous people have made used by PayPal of throughout the years, however of late an ever-increasing number of individuals are fulfilled by the administration given by TransferWise. So we chose so compose an article contrasting them both with see which gives more an incentive to its clients.

Who is the Winner?



Albeit both are great choices for profiting exchanges on the web, TransferWise is a superior decision for the accompanying reasons.


  • Smaller fees.
  • Better currency exchange rates.
  • No hidden charges
  • Geared towards both small remittances payments and large transfers.

Disadvantage: Slightly longer on-boarding process.

We shall proceed immediately to the examination and avoid any presentation for each organization, as you can read more about them in this Transferwise survey or at the PayPal.com site.


Is TransferWise safe? Is Paypal safe? Are these genuine organizations or scams? There is a truly great question, thinking of you as a deceptive organization can undoubtedly scam you your assets without exchanging them anyplace. See our piece on money transfer scams and scandals here.


Background information:

Paypal is one of the soonest new companies of the web that was established even before the website rise of 2000. It was built up by 4 excited youths in 1998, and converged with X.com (claimed by Elon Musk) in 2000. It went on an IPO in 2002. Not long after the IPO it was obtained in full by eBay for USD 1.5bn and turned into an auxiliary organization, just to turn off from it in 2014. From that point forward, it has developed to wind up noticeably the turn into the biggest advanced installment organizations on the planet, with additional more than 173m clients, and its market top is nearly USD 50bn. It has additionally procured Xoom in 2014.

Transferwise is a moderately late startup that was set up just 5 years back by two youthful businesses visionary; however, has a reasonable possibility of turning into the following example of overcoming adversity in the realm of advanced installments and settlements. Since its beginning, it has been getting funds of more than $100m by the absolute most striking financial specialists out there. These incorporate Richard Branson from Virgin (which additionally as a money transfer service under their Virgin Money brand), and Peter Thiel – one of the pioneer originator of Paypal. Despite the fact that Transferwise doesn’t make even near what Paypal does or has a massive customer base like it, it is gradually turning into a noticeable organization in its sub-segment of global payment. It has answered to move more than $500m every month.


Transferwise is approved as an installment office by British FCA, while Paypal is affirmed to work by the American SEC. The SEC is thought to be somewhat more astringent; however both are viewed as the top world controllers for budgetary establishments. As a component of this,

To start an installment with Transferwise you require experiencing a couple steps and submit duplicates of authoritative records like your ID, driver’s permit, or passport. So before you can send or pull back any sum, you will experience a screening procedure. Paypal has an alternate check process which is more able to the reality individuals utilize it to send generally low sums – you just need to supply pertinent data about yourself and connect it to your bank account.


Both organizations are to a great degree dependable. They have never been associated with beguiling customers in any capacity, and considering how enormous they are, and the measure of individuals working for them (Paypal have more than 15,000 representatives around the world, and Transferwise has more than 600), together with the supervision they always have from controllers, both ought to be regarded as safe to use.

Supported countries

Both organizations enable you to send cash to and from any nation on the planet. So far you are connected to the internet; you can make transfer of funds rapidly and effortlessly.



Total number of countries supported by TransferWise: 55

Total number of countries supported by PayPal: 202


Paypal has essentially higher reach than Transferwise, however, Transferwise is covering the most well-known locales where our readers originated from and the most mainstream cash sets, so for a great many people that wouldn’t have an immense effect.

Mobile Apps


Headway in innovation has taken into consideration cell phones to get less expensive. This why the total number of cell phone users worldwide is set to develop exponentially from the 2.6 billion clients recorded in 2014 to 6.1 billion by 2020. Also, despite the fact that the numbers in Europe and Americas have been leveling over the most recent couple of years, the African nations are contributing a great deal to this development. Having a mobile app to profit exchanges is exceptionally helpful, and both organizations have grown extremely decent and straight forward cell phone applications for their clients. Among the first class in the business.

Here is a side by side comparison of the Transferwise mobile application and the Paypal mobile application in terms of functionality.

Topic Transferwise app Paypal app
Send Money Abroad Yes Yes
Send Money – Same Currency No Yes
Withold Funds Without Withdrawing No Yes
Know Exact Amount Recipient Receives Yes No
Payment Fee No ($2 below $400) No
Recipient Fee No Yes – a whooping 2.9%
Foreign Exchange Fees Yes, 0.5% – 1.5% Yes, 3.9% or more
Pay without registering No Sort of (Available with some merchants, not through app)


As should be obvious, the applications have altogether different capacities.

Paypal application is appraised 4/5 stars by Android clients, with more than 410,000 audits and 10,000,000 – 50,000,000 introduces, making it may be the most downloaded financial application on the planet.

Transferwise, being much more up to date with more specialties is positioned by just 10,000 analysts with a rating of 4.5/5. It has been downloaded 500,000 – 1,000,000 times.


Both are great applications. Paypal is significantly more famous and much more far reaching, however, Transferwise demonstrates an undeniable favorable position in expenses.

TransferWise: iOS and Android

PayPal: iOS and Android


Transferwise is not the speediest method for moving cash abroad as a result of the long consistency. On the off chance that you are in the UK or in Europe you can be consequently affirmed by the framework by just providing the pertinent photocopies of your documents even around the same time, however, for customers from different districts, the on-loading process can be longer (still not exactly with organizations like Moneycorp).


With Paypal, the onboarding procedure can likewise take a brief period before you can withdraw assets into your ledger, yet opening bookkeeping and sending cash to another country can be momentarily. Many individuals are utilizing PayPal in light of the fact that receipt of cash sent inside (PayPal account to PayPal account) is momentary. Be that as it may, if the beneficiary needs to withdraw that cash, he needs to hold up 2-3 business days to have it in his account or have the capacity to get it at an ATM. So on the off chance that you require money; the holding up time is practically the same for both organizations.

Bottom line: PayPal is snappier to send cash to another country; however in the event that you get cash through it, it can take a couple days to clear.


An essential part for everybody is identified with expenses and what amount will cost you per exchange. So how about we investigate:



  • The center of its business and the principle objective is to transfer funds easily, shoddy and straightforward. Along these lines, you can see and know the amount you will send, the amount it will cost you and how much the beneficiary will get at last.
  • The exchange charges are by and large just 1%. For specific destinations, it is just 0.5% and for others, it can be as much as 1.5%. Settled expenses: $2 for little exchange beneath the $400 stamp.
  • There is no cash exchange expense, because of its P2P cash exchange framework.
  • TransferWise dependably gives a superior conversion rate than any nearby bank.
  • Receive cash from a local financial institute, so no recipient wire charges
  • Fund exchange through a local wire or a check card.


  • There are costs that you are not educated of before or subsequent to making the exchange. You can’t plainly perceive the amount you are paying for your exchange.
  • Geared towards debit card payments only (or, if you have available funds in your account, you can use them).
  • A beneficiary ought to pay 3.4% of the money gotten by him.
  • The foreign exchange fees, notwithstanding the beneficiary charges, are 3.9% to 4.9%.
  • It has an expense that you don’t know about (unless you look into heretofore)
  • The exchange rates are quite terrible to a level they are more regrettable than the High Street banks.


This is the zone that matters most and Transferwise totally overwhelms it. In spite of the fact that Paypal could be snappy, simple and dependable the same amount of as Transferwise and significantly more, its payment expenses are extraordinarily high, and it is very difficult to know how much cash your beneficiary will get, which makes it a TERRIBLE method for sending funds abroad.

Overall conclusion on TransferWise vs PayPal

Both organizations fill a need and they are utilized by numerous individuals consistently, yet in the event that we are alluding to the regale of sending cash to a bank account, TransferWise wins in view of its plan of action and low expenses (of which there are few). Furthermore, on the off chance that you have to make consistent regularly scheduled fund transfers, TransferWise will spare you a great deal of cash.

PayPal remains a decent choice for those that need to pay for things on the web like purchasing a domain, subscribing to a web-facilitating administration, or purchasing any little esteem items or administrations

When using a design that isn’t made for MailChimp, there are many problems you may run into. It will be inconvenient to try and use your own customized templates, and doing so may result in sacrificing your interface and ruining the experience.

MailChimp makes creating templates easy to use while offering beautiful designs. Here is an updated list of the top MailChimp email newsletter templates that provide style, simplicity and functionality. They include the newest and best examples of templates to use, as well as instructions at the end.




1. Mailto

This email template is compatible with a number of major email marketing platforms, including MailChimp. It prevents emails from looking buggy on mobile devices and ensures quick and better emails for start-up founders. With 22 templates to choose from, you are sure to create an email that looks great while using a small amount of effort, time, and money. Emails will appear perfectly on any electronic device with the use of HTML code that you can edit when necessary.


 2. Christmas

Christmas is a template for the seasons, providing festive cheer. It also includes an optional animated snowstorm feature for an eye-catching header. It also includes Kbuilder 2.0, along with 4 templates containing various formats.


3. Magma

For a modern and clean template set, Magma would be perfect. It would be great for individuals who strive for minimalism, as the flat design creates a simple and spacious email. It contains 35 modules that you can drag and drop, and includes “Specs”, “Reviews”, “Blog”, and “Partners’.


4. Liana


For templates that can be multipurpose, use Liana. There are many components that make it easy for you to build your own business, market, or e-commerce email campaign. It was tested and responsive on many platforms, which ensures that you will always find something to edit to your liking.


5. Multimail


This is one of the number one email template sets because of it’s standard. It comes with over 10 multi-purpose email templates that can be used in a variety of ways. It’s MailChimp compatible and can also be used with other widely used email marketing providers. It also contains more than 179 modules that offer thousands of possibilities and variety, ensuring that you create your template uniquely and stand out from the crowd.


6. Kent


With over 50 drag and drop modules, Kent also features flat, contemporary designs that would be perfect for agencies, e-commerce, and so on. Kent offers customizable templates built with standard HTML for the ability to edit before sending the email.


7. Emailio


Emailio contains over 10 unique templates, consisting of over 60 different modules. They can be used for specific events like weddings, restaurants, product launches, and even real estate. Emailio works with the latest Outlook version (2016), which may be a problem for other pre-built email newsletter templates.


8. Moka


This is a more traditional email template that focuses on business. It provides sections to briefly describe your services, team members, as well as products. Moka features a variety of colors to perfectly fit with your company’s brand.


9. Supra


Supra has 20 customizable email templates that are all different, making it a great choice for individuals searching for templates that are prebuilt. They also contain templates that are ready to use for non-profit organizations, crowd funding, as well as resumes.


10. inCorp


inCorp provides visuals that are very sharp and clean. It is great for communicating professionalism through your email campaign. Each update also comes with new sections and templates that you may use.


11. Deso


This is another template that is more business based, as it is made by the same creators as Moka. It has an easy to use the online editor that allows dragging modules in and out to be simple and straightforward. There are also premade designs that you can alter without ruining the email design.


12. Atellar


This contemporary business template works with StampReady Builder for simple editing. Its features make for a unique module design that includes a chart bar and product pricing tables, making it ideal for agencies and other technology companies.


13. Fashion & Ecommerce


This template contains 59 modules that make it perfect for those looking for a classy look. It also gives you the option to subscribe to the author’s email list in order to receive an additional template every month, free of charge.


14. Breathe


Breathe creates a design that is minimal and modern that works for a number of industries. There are also features spaces in the modules for you to display your portfolio and skills, along with a background color to make your credentials more noticeable.


15. Uxmill


This agency newsletter offers clean lines along with great default styling. It provides plenty of opportunities to edit and customize designs to your liking. It is compatible with MailChimp, StampReady, and many other templates.


16. Anne


Anne creates a strong look with bold fonts and details.They provide sound fallbacks so ensure that these fonts won’t be a problem for your email.



Technology has dominated the market of accounting software for many years. QuickBooks is the name that everyone is familiar with because of its reliability and performance. Recently, the competition has become tough because of the introduction of Xero that is a cloud account software.

So in this race of proving to be the best bookkeeping software the developers are working day in and day out to provide the customers with the facilities. However, only one can be the winner so let us a have look.


Both the programs are working to expand the client base and in the last few months they have come neck to neck and the growth rate has reached up to 21%. The companies are facing a strong competition because their pace of development is increasing. So here is how the two programs line up.

Product features

They are the best in the line when we have to consider the cloud-based accounting for the small business organizations. Both of them might not be perfect but Xero has won the race of the features because of the remarkable specifications that you would come across.

Many of the features that are only available in the Plus version of QuickBooks are available on all the platforms of Xero. As well as there are some specifications, that are only available in Xero. Here we have a list for you that you must consider.


  • With Xero, you can accept the quotes online and this facility is not available in QuickBooks
  • You will get the basic stock list in all the versions of Xero
  • Inventory accounting is accessible in only the QuickBooks plus but in case of Xero you will get it in any version
  • Multi-currency, expense reports, and payment reminders are only available in Xero.
  • Budgeting, purchase order, recurring invoice, and many other services are available in all versions of Xero but only in the plus version of QuickBooks


Considering the price Xero is the winner on the high end while QuickBooks is the winner at the low ends so we can say that it is a tie. If you want your customer to pay in the online invoices then the credit card processing fee of QuickBooks is higher.

There are different plans different plans offered by both the services so it is often hard to determine that which one is the best.

The basic plan of Xero starts with $9 while that of QuickBooks starts with $13

The mid-level plan of Xero is available at $30 on the other hand, QuickBooks has two different plans essentials for $27 and plus for $40

The rates for the payrolls for Xero are from $30 to 70 while that for QuickBooks is $89 to 112 depending on the plan that you will buy

Ease of use

Alex Knight

Xero is very easy to use. It has been developed with such perfection that you will quickly understand all the functions that are available and within a few minutes, it would seem like you have been using it for many years. Everything is well organized from the layouts to the navigation. Overall Xero is very efficient.

On the other hand, QuickBooks was good software but after its update has been launched there are some minor bugs that are affecting the efficiency. The knowledge base is not very comprehensive. Apart from that, there are some useless steps in the navigation system, which makes it difficult to use.

Available integration



With Xero, you will get the accessibility to 400 add-ons while from QuickBooks you will hardly get 360 add-ons. The quality of the integration depends on the program so some of them will work best on Xero while other will work perfectly with QuickBooks.

Customer support

In the field of the customer service, the competition is very high among both the software. The reason is that QuickBooks is trying to match the standards of the customer support system that have been set by Xero. At first, it was hard for them but now they are catching up with the technology.

If you will pay attention towards the reviews of their previous customers regarding the customer services, you will notice that the reviews for Xero are a mixture of positive and negative. On the other hand, most of the reviews for QuickBooks are still negative that is not a very encouraging aspect.


Xero has never struggled to keep its clients happy with the customer services. The reason is that their services are available 24/7 the entire year. So you will get the help whenever you require. While in the case of QuickBooks if you are facing an issue on Saturday night then you will have to wait for Monday morning to contact the customer support.

The customer services of QuickBooks are available from Monday to Friday from 6 am to 6 pm while on Saturday 6 am to 3 pm. The best thing is that both the software has reduced the time required for the hold so that the customers will get the solution to their issues as soon as possible. So if you are lucky you will get the chance to directly speak with the representative.

Apart from that, at Xero, you will also get the email support. Here you can get all the answers to your issues with a single email.


Final verdict


It is hard to pick the winner but from the above comparison, you must have got the idea that Xero has more plus points as compared to QuickBooks. QBO is still making progress to grab the attention of more customers at the time when Xero is continuously increasing the customer count.

So if you are looking for the best bookkeeping software make sure that you read the comparison before taking a decision. It is important that you select the software that will meet the requirements of your business in the best possible manner.