I have just discovered Transferwise as a payment processor and they are way cheaper than Paypal and any of the others. Have any of you had experience? Am I missing something? Why are they so cheap?
I have been using Transferwise since last 6 months. They provide good (real time) exchange rate which is very good (at least for me ) Basically, I get payments from UK / US to India. I receive payment within 4-5 hours after transfer. They are reliable, good exchange rate & very fast. I strongly recommend Transferwise. P.S. I really don't know why they are very cheap but service is very good.
Haven't used Transferwise for payment processing. I have used it for personal money transfer between two countries though. Very good service and cheap, still a customer