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.
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.
The system will alert you of potential errors before a bill payment is processed, reducing the risk of failed payments.
- Easy reconciliation
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
- Enter your bills into Xero, and select the ones you want to pay;
- Choose to pay using Pay with Wise and enter the payment details — they’re sent directly to Wise;
- Transfer money from your preferred bank account to Wise, using the payment reference;
- Once Wise receives your funds, they’ll pay all of the bills. You can see the status of the payments in Xero, and bills will automatically be marked as paid.
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.
Table of contents Overview Pricing + ATM withdrawal What you can do with the Wise card How does it compare to other cards? How to promote the card in...
We're excited to announce that Wise has partnered with Fruugo to help e-commerce businesses become more international. Fruugo is one of the leading...
It’s now possible to get extra cards for your team. This means employees who buy things for your business — from social media ads to the Monday coffee round —...
The Orchard has integrated with the Wise platform so music labels can pay their artists faster, cheaper and in a more streamlined way. Music to our ears!
We know how important it is for folks to know when their money is going to arrive — and how, ahem, annoying it can be when they pester you, the sender, for...
On August 22nd 2021 we silently launched Assets for our UK customers — with many of you spotting it in our app. We’re super excited about this new journey,...