Wise

Wise.com is a financial solution for businesses with international markets, offering multi-currency accounts to efficiently manage cross-border payments with lower transfer fees than banks and PayPal.

Key Features:

• Multi-Currency Accounts: Hold and manage money in 50+ currencies.
• Local Account Details: Get bank details in 10 major currencies to receive payments like a local.
• International Payments: Send money to 80+ countries with low, transparent fees.
• Batch Payments: Pay multiple invoices or employees in one go.
• Debit Cards: Get debit cards for spending in different currencies.
• Integrations: Connect to accounting and business tools for streamlined workflows.
• Open API: Build custom integrations for specific business needs.

Use Cases:

• Paying international suppliers and freelancers.
• Receiving payments from customers in different countries.
• Managing payroll for employees in different locations.
• Paying for international expenses like software subscriptions or advertising.
• Converting currencies for business purposes.

How Wise.com Works:

1. Sign Up: Create a Wise Business account online.
2. Verify: Provide required documents for business verification.
3. Add Funds: Deposit money into your account.
4. Send/Receive: Make international payments or receive money from clients.
5. Manage: Track transactions, convert currencies, and access other features.