Softwr

Accounting · head to head

QuickBooks vs WorldRemit

QuickBooks logo

QuickBooks

Accounting

Smart, simple online accounting software for small business

From
$30/month
Rated
-
WorldRemit logo

WorldRemit

Personal Finance

Send money online to 150 countries

From
On request
Rated
-

The short version

  • Each has a real cost: QuickBooks chart of Accounts is capped on every QuickBooks Online tier except Advanced; Simple Start, Essentials and Plus all have a limited entry count; WorldRemit no transfer fee, exchange rate margin or sending limit is published on the site; rates and limits are shown only after choosing a destination country and receive method
  • They diverge on capability: QuickBooks covers Income & expense tracking, WorldRemit covers International transfers.

Where they differ

Only the attributes on which QuickBooks and WorldRemit actually diverge.

Attributes where QuickBooks and WorldRemit differ
AttributeQuickBooksWorldRemit
Starting price$30/monthOn request
Pricing modelsubscriptiontransaction
PlatformsWeb, Ios, Android, ApiWeb, IOS, Android
CategoryAccountingPersonal Finance
Founded19832010

Identical on both: free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in QuickBooks

  • Income & expense tracking
  • Invoicing
  • Payment processing
  • Financial reporting
  • Tax preparation
  • Bank reconciliation
  • Bill management
  • Mobile apps

Only in WorldRemit

  • International transfers
  • Multiple delivery methods
  • Send to 150+ countries
  • Cash pickup option
  • Bank accounts
  • Cards
  • Web support
  • IOS support

What people use each for

The jobs each tool is most often brought in to do.

QuickBooks

  • Bookkeepingnot WorldRemit
  • Invoicingnot WorldRemit
  • Expense trackingnot WorldRemit
  • Financial reportingnot WorldRemit
  • Tax preparationnot WorldRemit

WorldRemit

  • Sending remittances from developed markets to 130 or more receiving countriesnot QuickBooks
  • Paying out to mobile money, cash pickup and bank accounts abroadnot QuickBooks

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

QuickBooks

  • Chart of Accounts is capped on every QuickBooks Online tier except Advanced; Simple Start, Essentials and Plus all have a limited entry count
  • Even the top Advanced tier caps bulk invoice uploads at 1,000 transaction lines per batch
  • Payroll is a separate paid add-on billed per employee per month (USD 6 to 10 depending on plan) on top of the base subscription

WorldRemit

  • No transfer fee, exchange rate margin or sending limit is published on the site; rates and limits are shown only after choosing a destination country and receive method
  • The amount that can be sent depends on the destination country and receive method rather than a single published cap

Pricing, plan by plan

QuickBooks

$30/month
  • Simple Start$30/month
    • Income & expense tracking
    • Invoice & payments
    • Tax deductions
  • Essentials$60/month
    • Everything in Simple Start
    • Bill management
    • Time tracking
  • Plus$90/month
    • Everything in Essentials
    • Inventory tracking
    • Project profitability
  • Advanced$200/month
    • Everything in Plus
    • Dedicated account team
    • 25 users

WorldRemit

On request
  • Standard Transfer$undefined/month
    • Multiple payment methods
    • Competitive rates
  • Express Transfer$undefined/month
    • Faster delivery
    • Higher costs

Which should you pick?

Choose QuickBooks if

  • You need income & expense tracking.
  • You work on Web, Ios, Android, Api.
  • You also want invoicing.

Choose WorldRemit if

  • You need international transfers.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.

Questions people ask

Is QuickBooks or WorldRemit better?
Neither clearly leads. QuickBooks starts at $30/month and WorldRemit at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, QuickBooks or WorldRemit?
QuickBooks starts at $30/month and WorldRemit at On request.
Does QuickBooks or WorldRemit run on more platforms?
QuickBooks runs on Web, Ios, Android, Api. WorldRemit runs on Web, IOS, Android.
What is QuickBooks best used for?
QuickBooks is most often used for bookkeeping, invoicing, expense tracking, financial reporting. Of those, bookkeeping and invoicing are not what WorldRemit is typically brought in for.
What can QuickBooks do that WorldRemit cannot?
QuickBooks covers Income & expense tracking, Invoicing, Payment processing, Financial reporting. WorldRemit covers International transfers, Multiple delivery methods, Send to 150+ countries, Cash pickup option.

Answered from the vendors’ own pages

WorldRemit: How much cheaper is WorldRemit than banks?

WorldRemit is on average 46% cheaper than most banks, with no hidden fees. All costs display upfront before payment, including fees and the exact amount your recipient receives.

Source
WorldRemit: What payment methods are available?

Three payment methods are offered: bank deposit, debit card, and credit card. Available options depend on your sending country.

Source
WorldRemit: How long do transfers take?

In most cases, money transfers sent using WorldRemit will arrive within minutes. Expected delivery times display before payment, though some transfers may take longer depending on the receiving method.

Source
WorldRemit: What verification is required?

Phone verification via OTP occurs; identity verification requiring ID and a selfie may be necessary, typically completing within 4 minutes at least 90% of the time.

Source
Share

Related pages

Other head to heads