Home › Save › Money transfer apps › Venmo vs Wise
Both move money between people. Here's how Venmo and Wise compare on fees and what happens if something goes wrong.
| Venmo | Wise | |
|---|---|---|
| Instant transfer fee | 1.75% ($0.25 min, $25 max) | not found |
| Standard transfer | Free bank transfer | Fee varies by amount and currency (calculator on page) |
| Can you cancel a payment? | not found | not found |
| International | No | Yes |
Sources: Venmo page (checked 2026-10-12) · Wise page (checked 2026-10-12)
Instant transfer fee: Venmo 1.75% ($0.25 min, $25 max), Wise not found; Standard transfer: Venmo Free bank transfer, Wise Fee varies by amount and currency (calculator on page); Can you cancel a payment?: Venmo not found, Wise not found; International: Venmo No, Wise Yes.
Estimates, not financial advice. Taxes, insurance, PMI and fees vary by lender, county and city; confirm with your lender, dealer and state agency before acting.