Wise
Wise for Banks – Modernising your International Payments Experience.
A Customer-Centric International Payments Solution
Wise is a global technology company, building the best way for people, businesses and financial institutions to move money around the world. More than 10 million customers use Wise – whether sending money to another country or making and receiving international business payments, Wise is on a mission to save customers money.
Financial institutions can seamlessly tap into Wise’s infrastructure to power a remarkably fast, convenient and transparent cross-border payments service for their customers – natively within your banking app. Globally, financial institutions have partnered with Wise, leveraging its complete infrastructure to scale their own reach, improve customer experience and reduce their costs.
Overview
With Wise international payments are:
Global
Leverage Wise’s local connectivity across 80+ countries. Wise invests heavily in its local banking network, including direct integrations to payment schemes – building an alternative to traditional correspondent banking rails.
Cheaper
Wise’s investment in experience not only delivers a high NPS, but also has verifiable cost savings. Wise will continue to invest in its product to bring its costs down, passing this straight through to you and your customers.
Faster
Investing in the power of instant. Over 30 percent of all global transfers are delivered instantly, with over 50% delivered within the hour.
Easier
Best in class APIs and design documentation – a trusted, out-of-the-box and completely online solution available with minimal integration and ongoing maintenance effort.
More Transparent
Transparency is becoming the norm – regulators globally are assessing how foreign exchange pricing has been implemented. Wise’s service uses the real, mid-market exchange rate as seen on Google or Reuters.