Payfare, Wise to Bring First International Money Transfer Capabilities to the North American Gig Workforce
Wise will be embedded into Payfare’s digital banking platform, enabling gig workers to quickly send international payments to 80+ countries
Beginning next year, the North American gig and contract workers
“To transfer money to family and friends abroad, the workers we support have historically had to use various legacy services that were costly, inconvenient and had hidden fees,” said
With its mission of making international money transfers fast, cheap and convenient, Wise helps people and businesses securely move and spend money in over 56 currencies. With full price transparency, including low cost pricing, and the use of real-time exchange rates, Wise strategically aligns with Payfare’s mission to power financial inclusion and empowerment for the global gig economy.
“Wise is committed to providing a best-in-class digital user experience for international transfers, coupled with speed and convenience,” said
About
For further information please visit www.payfare.com.
About Wise
Wise is a global technology company, building the best way to move money around the world. With the Wise account, people and businesses can hold 56 currencies, move money between countries and spend money abroad. Huge companies and banks use Wise technology too; an entirely new cross-border payments network that will one day power money without borders for everyone, everywhere. However you use the platform, Wise is on a mission to make your life easier and save you money.
Co-founded by Taavet Hinrikus and Kristo Käärmann, Wise launched in 2011 under its original name
10 million people and businesses use Wise, which processes over
For more information on Wise Platform and capabilities, visit wise.com/us/business/api.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211025005239/en/
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Wise
Benjamin.Liwanag@Wise.com
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