Introducing Reusable Payment Links for Seamless Repetitive Multi-Currency Transactions

At Wise, we're committed to supporting businesses like yours in the journey towards growth and success. We understand that innovation is key, and that's why we constantly roll out updates to enhance your multi-currency payment experience and meet the evolving needs of your international business.

As a business owner, you might find yourself in a loop of regularly charging multiple customers or clients the same fixed amount. It's a familiar scenario — each transaction requires you to set up a new payment, adding to your workload and creating unnecessary friction in your daily operations. To help your business to be more time-efficient, we're introducing our latest feature: Reusable Payment Links. These links don’t expire and enable you to charge different customers the same amount without the need of setting up a new payment link every time.

Unsure how to set up payment links? This guide describes how to set up a Request Payment Link, share it and get paid.
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Benefits of reusable payment links

Enhanced customer experience: Simplify the payment process for your customers. With just one link, they can complete transactions hassle-free, contributing to a positive experience and potentially fostering customer loyalty.

Streamlined workflows: Say goodbye to the days of manually setting up payments for recurring amounts, and streamline your workflow while reducing the potential for errors.

Efficiency and automation: Automation is the key to scalability. With reusable payment links, you can automate a significant part of your payment process, freeing up valuable time that can be better invested in growing your business. And you’ll be boosting your operational efficiency by eliminating redundant tasks.

Get paid faster: By offering pre-set payment links for your customers, you enable them to make payments effortlessly. This streamlined process eliminates unnecessary delays and improves cash flow for your business.

How it works

Creating a payment request is free — you’ll just need to open a balance in your preferred currency and have account details enabled. To create your link, you’ll need to be logged in to your Wise Business account. Then you'll be able to create either a one-time payment link or reusable payment link.

1.Create your payment link
On our website, select ‘Payments’ and then ‘New payment link’. On our app, tap ‘Payments’, ‘Payment request’ and then ‘New’.

2.Fill out your details
Select ‘Reusable’, fill out your details including the desired currency and amount, as well as the payment methods you'll accept.

You can choose from:

• Bank transfer — these are free and normally arrive within 1-3 working days.
• Pay with Wise — it’s free, easy and instant to receive payments from anyone on Wise. And you can provide customers who don’t use Wise with an invite link to earn rewards.
• Card — domestic consumer cards issued where your business is registered are priced at 1% fee while international consumer cards and all business cards are priced at 2.9%

3.Share your link
Send it by email, text or Whatsapp, to as many customers or clients as you need.

4.Get paid
Your money will land directly into your account, every time your link is used.

5.Check the status of your payment request
To confirm the status of your payment request, go to 'Manage' and tap on 'Payment Requests'. You'll be able to view any unpaid, paid, expired or cancelled requests. While one-time payment links expire, reusable links don't.

By automating a significant part of your business payment process, you not only save valuable time but also facilitate faster payments, contributing to improved cash flow. Whenever you're ready, reusable payment links are here to help to make your payments more efficient and streamlined, so you can focus on your business growth.
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Take your business to new places with Wise Business

• Get the international business account with no monthly subscription
• Hold 40+ currencies, send payments to 160+ countries, and get local account details for 9+ currencies including GBP, EUR, USD and AUD.
• Enjoy low-cost currency exchange using the mid-market exchange rate and transparent fees
• Use batch payments to pay up to 1,000 recipients at a time in multiple currencies with one spreadsheet.
• Set up multi-user access. Manage user permissions and choose from 5 roles to control what your team members can view, access, and manage
• Order business debit expense cards for you and your team. Get up to three digital cards per team member, and set spending limits according to your business needs
• Integrate your accounting software to connect with Xero, QuickBooks, FreeAgent and more.