Summary of fee changes
This blog post is to update our customers about changes in price and is not a marketing communication. Our mission is to lower the cost of moving money across...
The Orchard integrates with Wise to help music artists across the world get paid
We are really excited to announce that Wise Platform has partnered with The Orchard to offer a new service which creates a faster, cheaper, more streamlined way for music labels to pay artists across multiple countries and currencies.
The solution is being offered through The Orchard’s new Collaborators tool, which enables music labels to digitally split, track and send royalty payments to their artists and collaborators.
From today, any of The Orchard’s labels can access Wise’s lightning fast and low cost cross-border payments, using The Orchard’s Collaborators tool. When using the new feature, a label can select who they wish to pay and opt to automatically convert currencies and send money to multiple artists in a single payment 一 all at the mid-market rate.
Steve Naudé, Head of Product, Wise Platform, said: “We are proud to be teaming up with The Orchard to bring cheaper, faster, more transparent payments to the music industry, and help make royalty payments to The Orchard’s artists as quick and as easy as it is for us to stream music today.”
Wise Platform enables banks, financial institutions and companies like Xero and GooglePay to tap into the Wise infrastructure and offer cheaper, faster payments to their own customers.
Globally, Wise Platform is live with banks in 10 countries across 4 continents. Wise Platform also comes pre-integrated in core banking platforms like Temenos, Mambu and Thought Machine.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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