Wise Expands in Brazil with New Payment Institution License
We have some excellent news to share: we’ve received our second licence from the Central Bank of Brazil, this time as a payment institution. Until now, we...
Back in November Xero announced that Pay with Wise was about to launch and we invited you to join the Beta programme.
We’re delighted to announce that the feature is now available to all UK customers
Pay with Wise is a new, domestic (GBP to GBP) bill payment solution designed to give UK businesses a simple, fast and secure way to pay and manage bills with Xero.
Until now, there hadn’t been a standardised way for businesses to pay bills through UK banks. Bill-paying was manual, disjointed, time-consuming, and error-prone for small businesses.
Pay with Wise makes everything easier
This is a standardised way to make UK bill payments, regardless of your bank. It makes it easier and faster to pay suppliers.
Pay bills in clicks
No matter which UK bank you're with, you can pay and reconcile multiple bills in just a few steps.
Better visibility
You’ll see the status of payments in Xero and know that your suppliers have been paid on time. You can also send suppliers an invoice detailing what was paid for.
Greater accuracy
The system will alert you of potential errors before a bill payment is processed, reducing the risk of failed payments.
Regardless of how many bills you pay, you’ll be able to reconcile payments in just one click, through a statement line in Xero.
How to use Pay with Wise
As they launch this new feature, Xero have decided to include it at no additional cost, as part of Xero business edition subscriptions, until 31 July 2020. New Xero customers will have the option to add Pay with Wise to their subscription when they sign up. Standard pricing will apply from 1 August 2020 – find out more about each plan.
*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.
We have some excellent news to share: we’ve received our second licence from the Central Bank of Brazil, this time as a payment institution. Until now, we...
This blog post is to update our customers about changes in price and is not a marketing communication. We regularly review our fees to reflect the real cost...
Our mission is to lower the cost of moving money across borders. We’ve made progress over the last 13 years, bringing our average fee to 0.64% globally. As we...
We have been changing our fees on Wise over the last months. Some of you benefited as a lot of routes got cheaper, but you would have seen an increase in some...
This blog post is to update our customers about changes in price and is not a marketing communication. We regularly review our fees to reflect the real cost...
With Wise, sending payments from Indonesian Rupiah (IDR) is simple. And we’ve rounded up our top tips for you to make sure your transfer arrives as quickly as...