Are you tired of paying high commissions and receiving unfavorable exchange rates for international money transfers? Take a look at Wise, a revolutionary payment system that has changed the way money is transferred across borders. In this article, we will look at five non-obvious facts about Wise that highlight its versatility and innovation as a payment platform.
Network of local bank accounts
Wise uses a network of local bank accounts in different countries to process transfers. This means that your money never actually leaves the country it was sent from, allowing for faster transfer times and lower fees.
Wise supports many types of transactions
Wise isn’t just for sending money to other people. You can also use it to pay bills, make purchases, and recharge your mobile phone balance. This makes it a universal means of payment for many types of transactions.
Реальная стоимость отправки EUR в USDWise Multicurrency Accounts
Wise offers multi-currency accounts that allow you to store money in different currencies. You can use this account to receive payments in multiple currencies and even get a debit card that allows you to spend money in any currency at the average market rate.
Technology Guru Support
Wise is backed by some of the biggest names in tech, including Andreessen Horowitz , Sir Richard Branson, and PayPal co-founder Max Levchin. This has helped the company grow and expand rapidly over the years.
Enterprise API
Wise offers APIs (Application Programming Interfaces) that allow businesses to integrate TransferWise services into their own systems. This can help businesses save time and money on international payments and improve their overall financial performance.
These non-obvious facts show that Wise is not just a simple money transfer service, but a versatile and innovative financial platform that offers a wide range of features and benefits to its users.