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Equals Money Reviews & Product Details

Equals Money Overview

What is Equals Money?

Join over 20,000 companies we've helped take control of their business expenses. Our cards, app & online platform give you complete control and visibility so you can spend less time managing your finances and more time growing your business. Work around the world - our cards* can be used in over 190 countries wherever Mastercard is accepted, and users can request top-ups anytime in our app. Get complete control - teams only spend what you put on their cards, so you have full visibility over their spending. You'll get an expert account manager who works to understand your business needs and arrange demos for your team. Our own-name multi-currency International Bank Account Numbers (IBANs) allow our customers to easily make international transfers at great exchange rates. Our mission is to make money movement simple. With a range of solutions helping you make the most out of expense management and international payments, let us help take the stress out of finances so you can get back to what’s really important: your business. Business spend is inevitable: with an account from Equals Money, make it one less thing to worry about. How we keep your money safe - we hold your funds in specially designated, safeguarded bank accounts, which keep your funds separated from our other assets. This means your funds are protected, however the Equals Money account does not fall under the Financial Services Compensation Scheme. Please see the product FAQs for more information. *Fees may apply to issue cards.

Equals Money Details
Product Website
Languages Supported
English
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Product Description

The Equals Money account is here to revolutionise the way finance teams manage a company’s payments, expenses, budgets, payroll and more, putting time back on the clock and money back on the balance sheet.

How do you position yourself against your competitors?

Businesses need capability to pay by transfer or card from one platform and one balance. Our platform unites secure account-to-account transfers, card payments, current account functionality and is integrated with Xero.

Finance Managers can stay on top of team spending with our easy-to-use online platform, physical and virtual cards* .
Your team can request top-ups when they’re low, pause their card if they’re worried they’ve misplaced it, and check their PIN 24/7. They can spend all over the world while you monitor their spending in real time, easily adjust user permissions, track budgets and requests.

Currency is unpredictable, making costs difficult to manage. Need to make international payments? Access over 100 currencies and our in-house currency expertise to help you stay on top of volatile markets. Your account manager will alert you to movements in your chosen currency pairs, and is available Monday - Friday during UK business hours.


Seller

Equals Money

Description

Equals Money is a global payments and treasury management platform designed to help businesses streamline their financial operations. Offering services such as multi-currency accounts, payments automation, and real-time reporting, Equals Money enables businesses to manage their cash flow, reduce costs, and ensure smooth international transactions. The platform provides seamless integrations with accounting and ERP systems, empowering companies to make data-driven financial decisions.

Overview Provided by:

Equals Money Integrations

(1)
Verified by Equals Money

Recent Equals Money Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Equals Money is easy to use"
We like the ease of setting up a virtual or physical debit card. It literally takes seconds to create a virtual card, which is really useful for al...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"Easy to use interface. Excellent offer for NFP's"
Ease of use. Great offer for Non-for-Profits
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Equals Money card is convenient and easy to use for our purchases"
The Equals Money card is easy to use and allows us as a charity to efficiently manage our spending. The online portal is user friendly and we are a...

Equals Money Media

Equals Money Demo - Overview Dashboard
Once you log into your account, get an overview of your account balances in all the currencies you hold. See notifications of actions that need your attention and a list of all latest transaction information.
Equals Money Demo - Link your accountancy tool
Link accountancy software with your Equals Money Account. We have a direct integration with Xero, QuickBooks and Sage integrations coming soon!
Equals Money Demo - Map currencies held to relevant account
Map active Equals Money currencies to the relevant account in Xero.
Equals Money Demo - Map your account integrations
Manage your account integrations here. See active integrations and connected bank accounts.
Equals Money Demo - Payments Dashboard
Choose the payments you want to make in the payments dashboard. Make a single payment easily, add money, make an exchange, international transfer, or create a beneficiary.
Play Equals Money Video
Answer a few questions to help the Equals Money community
Have you used Equals Money before?
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190 Equals Money Reviews

4.5 out of 5
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190 Equals Money Reviews
4.5 out of 5
190 Equals Money Reviews
4.5 out of 5

Equals Money Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Jo T.
JT
Finance Diretor
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Equals Money?

Equals cards are easy to manage across my whole team. The app and web interface is simple and intuitive and enables me to easily check spending and move balances between cards instantly. Bank transfers into the main account are instant. My staff have found the digital cards easy to setup and use. We use digital cards only and these are easy to add to phone wallets. Staff use their cards daily with no problems. On the few occasions I have used customer support it has been quick and efficient. Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

We are Quickbooks based and look forward to bank feed integration in the future. CSV downloads are easy to get and upload, but the date format (which includes a time stamp) does have to be manually changed which isn't ideal. Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

Staff no longer have to use their own funds and produce monthly produce personal expense reports. Admin time is dramatically reduced, and staff don't have to wait til month end for reimbursement. Review collected by and hosted on G2.com.

Nicholas S.
NS
Operations Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
Rating Updated ()
What do you like best about Equals Money?

Setting up our account at Equals Money was really easy. Their customer support was responsive and got back to me quickly when I had some questions. There are plenty of useful features which help our charity to manage its money, Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

Overall we have found the platform easy to use and straightforward - I've not encounted any problems or dislikes yet. Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

Our charity holds funds that we distribute for particular good causes. Sometimes these involve purchasing goods and services directly for people in need. Our existing financial process of receiving invoices and paying on credit terms did not suit this method of grantmaking, but neither did we want to issue debit cards which could risk uncontrolled spending. Instead, Equals Money helps us to provide pre-paid debit cards to relevant members of staff, ensuring that restricted funds are not overspent, while recording their purchases in an easy to use format. Review collected by and hosted on G2.com.

Kyle W.
KW
Director
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Equals Money?

As a cash hungry business Equals allows our buy and sell stores to easily access cash from their own high streets as opposed to having to travel to our specific main bank. This saves tens of hours over the course of a year and we use it a lot. Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

During peak times money transfer from our main business bank account can take up to 20 minues. Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

We consider ourselvs a 'specific use business' in that we use Equals for a purpose not many others may, and yet it still flawlessly solves out problems. We require cash top ups to our high street buy and sell stores frequently and Equals takes the stress out of going to the bank multiple times weekly. Staff can access cash from ATMs on their own high streets and our stores are ready to buy products again at a moments notice. Review collected by and hosted on G2.com.

MC
Executive Coordinator
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Equals Money?

We've been using Equals Money for several months now, and it has completely transformed the way we manage our business expenses and international payments. The platform is intuitive, fast, and packed with features that really make a difference.

The multi-currency accounts are a huge plus – no more worrying about conversion rates or hidden fees. Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

The user interface can be unintuitive at times, and we've experienced frequent glitches that required us to restart or contact support. Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

Equals Money has helped us gain clear visibility and control over company spending, thanks to real-time tracking and spend limits. It's also solved the issue of costly international payments by letting us hold and pay in multiple currencies at competitive rates. The platform saves us time, reduces manual work, and helps our team manage finances far more efficiently. Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
AN
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Equals Money?

As a charity we can't afford the cost of expense cards like Soldo, Expend and Pleo who charge a small fee per user every month. Equals gives us the main function of these cards: control over which staff members can access funds and how much. No monthly user fees, just a one-off fee per card! It provides a bank feed to Xero and limits can easily be set on line or using the app. The customer support is quick and friendly. Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

Equals does not sync to the Xero chart of accounts nor does it allow approval of expenses by a manager. You can by pass that by processing all of the payments directly in Xero from the bank feed : either by entering Bills, Spend Money Transactions or using Cash Coding. Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

Equals solves the problem of Contractors or volunteers having to spend their own money and then requesting reimbursement. We can simply give them a card and top it up when needed. Or deactivate it when it's not needed. Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
UN
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Equals Money?

The Equals Money card is easy to use and allows us as a charity to efficiently manage our spending. The online portal is user friendly and we are able to access our information and statements in real time easily. We have also used the online chat function a few times which have promptly resolved our queries. Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

We have had no issues at all using our Equals Money card, with only a couple of refresh procedures required from that end to refresh the feed into Xero. Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

We are able to pre-load our card with available funds in an easily manageable way, which is of benefit to us as a charity which relies solely on funding. Review collected by and hosted on G2.com.

LD
Finance Officer
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Equals Money?

What we enjoy about our equals account is how quickly we can move money around our different cards and allocate money to each user

The care homes can easily see their balance left for the month on the app and can put in a request for funds Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

The charge of withdrawing cash and the £12 fee for a new card Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

No cash in hand at our children homes - money easily transferred to our homes all around the country Review collected by and hosted on G2.com.

NW
Business Development Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
Rating Updated ()
What do you like best about Equals Money?

I recently moved across to EqualsMoney, and I couldn't be happier with the decision! The process of transferring money is smooth and straightforward, and not at all complicated. I use the cards weekly and the ease, very simple to intergarate into my day to day.

Compared to other services, EqualsMoney offered competitive rates and a much more personalsed experience. Was a no-brainer when I was shoping around, and its pleasing that the customer expereince so far has been excellent.

Overall, I highly recommend EqualsMoney to anyone looking for a reliable, fast, and secure money transfer service. Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

No physicals branches has not been a problem for me, at all! Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

Traditional banks and transfer services often charge high exchange rates and add hidden fees. Equals Money offers competitive exchange rates and transparent pricing, so I know exactly whatI 'm paying, saving significant costs on international transfers.

And ease of corporate money management Review collected by and hosted on G2.com.

Russ M.
RM
Director
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Equals Money?

We have found Equals Money to be a very useful and cost effective way for our employees to use a debit card to make business related purchases while maintaining full controll over spending limits, card access etc. We changed over from a larger provider where the cost and level of customer service provided was simply not providing value for money for our charity, and have been very pleased with the change. The sign up process was easy and the follow up from Equals Money ensured that we were on the right service. Easy integration with out Xero bookkeeping service and the ability for cardholders to scan electronic receipts has been very useful. We have had no problems regularly using the cards. As a small company we feel very valued by Equals Money and the customer back up is very good. Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

More features are being regularly added to Equals Money and I think that the product will improve over time. A couple of things that we would like are automatic transfer of receipts into Xero (being worked on I believe) and perhaps a low balance alert would be useful (as it is a prepay card) Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

Equals Money allows us to provide the right level of spending authority to company employees. Previous providers were not cost effective for us and equals money has allowed us to eliminate the use of petty cash and expense claim back from employees, saving time and increasingour level of financial oversight Review collected by and hosted on G2.com.

Response from Equals Team of Equals Money

Hello Russ,

We're glad to hear that Equals Money has been a valuable and cost-effective solution for your charity. We appreciate your feedback and are continuously working to improve our product.

Thanks,

The Equals Money team

LG
Facilities Administrator
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Equals Money?

Equals Money enables me to manage employee payment cards with ease from my laptop or mobile device. Adding funds to physical cards on the fly is seamless and adds convenience that is highly useful to employees in the field. The app allows me to check individual purchases on cards, block or temporarily suspend cards, set preferences on where cards can be used.

Setting up the app was easy and integrating into our organisation was made simple via good communication.

Customer service is friendly, prompt and effective.

We use Equals Money every day to manage employees expenses.

Equals Money was a fantastic upgrade for us which outshone the competition in most areas. Review collected by and hosted on G2.com.

What do you dislike about Equals Money?

Finding something I dont like about Equals Money is hard as it does everything we need flawlessly. My only complaint is that it doesn't keep you signed in the app even though there is an option to do so. Review collected by and hosted on G2.com.

What problems is Equals Money solving and how is that benefiting you?

Cuts down on paperwork and avoids confusion that can arise from many employees making expense payments. Avoids the issue of employees losing receipts leading to payment non verification as all transactions are recorded. Review collected by and hosted on G2.com.

Response from Equals Team of Equals Money

Hi Leigh

Thank you for sharing your experience with Equals Money. We're delighted to hear that our app has been seamless and convenient for managing employee payment cards. We're committed to providing friendly and prompt customer service, and we're glad to hear that it has been effective for you. We'll take note of your feedback regarding the sign-in issue, we hope to make updates in this area soon.

Thanks,

The Equals Money team