Wise: The Smarter, Faster, and Inexpensive Way to Handle Global Business Payments
Growing a business internationally comes with its fair share of financial complexities. High foreign exchange fees, delayed payments, and opaque banking practices often create unnecessary roadblocks. Traditional banking systems can be slow, costly, and frustrating whether you’re paying suppliers, receiving international revenue, or managing payroll across borders.
Wise
Wise is a global financial technology company that simplifies international payments for businesses of all sizes. With transparent fees, real exchange rates, and seamless integrations, Wise helps companies to move money globally with ease—saving time, money, and stress.
Wise provides a cost-effective, efficient, and transparent way to conduct international business transactions. Unlike traditional banks that hide fees in marked-up exchange rates, Wise uses the mid-market exchange rate with low upfront fees. For a one-time setup fee of just $31, businesses can access powerful financial tools with no monthly account fees.
Businesses using Wise can:
- Save on FX fees with transparent pricing and the real exchange rate.
- Send and receive payments quickly, with more than half of transactions arriving in under 20 seconds.
- Hold and manage over 40 currencies, making global business seamless.
- Get paid like a local with dedicated bank details in multiple countries.
- Earn interest (3.92% APY on USD balances) while managing day-to-day finances.usd
- Integrate with leading accounting tools like QuickBooks, Xero, Zoho Books, and more.
Trusted by over 600,000+ businesses, including Talent Desk, Deel, Bolt Communications, and Freddie’s Flowers, Wise moves billions of dollars every month while maintaining a stellar 4.3/5 rating on Trustpilot from over 200,000+ reviews.
Features That Make Wise the Best Choice
- 24/7 Support: Get help whenever needed, with phone and online support available globally.
- Accountant Access: Give your accountant and team access to Wise and control their permissions.
- Accounting Software Integration: Sync seamlessly with QuickBooks, Xero, Sage, Zoho Books, and more for real-time financial tracking.
- Batch Payments: Pay up to 1,000 people in one click. Just upload a spreadsheet with details for each transfer and submit one payment.
- Borderless Account: Hold and convert money in 40+ currencies without needing multiple bank accounts.
- Business Debit Card: Spend in any currency at the real exchange rate, with low conversion fees.
- Customizable Team Access: Assign different permission levels to employees and set spending limits.
- Debit Card: Pay expenses online or in-store in multiple currencies without foreign transaction fees. (Not available in all countries yet).
- Direct Bank Deposits from Invoices: Wise enables businesses to add their local bank details to invoice templates to get paid on time and for free.
- Fast International Payments: Over 60% of Wise transfers arrive in under 20 seconds, and 95% in 24 hours.
- Integration: Integrate with platforms like QuickBooks to see all your money together.
- International Processing with Low Fees: Wise enables businesses to pay international invoices, vendors, and employees using the real exchange rate in 80 countries. It’s 6x cheaper than old-school banks and 19x more affordable than PayPal!
- Local Account Details: Get IBANs, sort codes, and routing numbers to receive payments like a local in multiple countries.
- Local International Banks: Wise business lets you get local bank details for 10 different currencies to collect seamlessly from international clients.
- Multiple Currencies: Move money between currencies in seconds, always with the real exchange rate and without high conversion fees. See up to 54 currencies from one easy-to-use account.
- Reconciliation: Connect currency accounts to QuickBooks or Xero in real time to save time on manual admin.
- Regulated and Secure: Wise holds 65+ financial licenses worldwide and partners with 90+ banking institutions to ensure compliance and security.
- Safeguarded Financial Services Provider: Wise safeguards your funds (they are not a lender) and are an authorized financial services provider.
- Withdrawals: Wise enables businesses to quickly withdraw from Amazon, Stripe, and more in up to 10 currencies.
Wise Platform: Powering Global Payments for Banks and Enterprises
Beyond Wise Business, Wise is an MSB that provides financial institutions, fintechs, and enterprises with a fast, proven global payments infrastructure. By integrating Wise’s powerful network, companies can build seamless international payment solutions into their existing systems.
Why businesses choose Wise Platform:
- Instant Payments: Over 60% of transactions settle in under 20 seconds, and 95% in less than 24 hours.
- Global Reach: Access 160+ countries and 40+ currencies with six direct payment system connections.
- Compliance & Security: Backed by 65+ licenses worldwide, ensuring regulatory compliance.
- Trusted by Leading Companies: Used by Morgan Stanley, Nubank, Mandiri, Monzo, Google Pay, N26, Shinhan Bank, and more.
Wise Platform empowers businesses to send, receive, spend, and manage international treasury functions efficiently. Whether it’s cross-border payroll, supplier payments, or business expense management, Wise Platform simplifies financial operations for enterprises worldwide.
We used Wise to convert our US dollars revenue to British Pounds and saved £75k in the first nine months after switching from our bank.
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How to Get Started with Wise
- Sign up for a Wise Business account—setup costs just $31, and there are no monthly fees.
- Add funds in your local currency or receive payments using local account details.
- Convert and send money worldwide using the mid-market exchange rate, with low, transparent fees.
- Integrate Wise with your accounting tools or set up automated batch payments to streamline operations.
- Monitor transactions in real-time, with instant notifications and complete payment visibility.
Wise Business is the smarter way to manage global transactions, pay international suppliers, and receive payments without hidden fees. Whether you’re a freelancer, startup, or established enterprise, Wise simplifies international business, making it faster and more cost-effective.
Get started with Wise today and take control of your international finances!
Get Started With Wise Business
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