Wise Business is an online multi-currency account. It lets you make payments, get paid, and spend money around the world with the real exchange rate. You can also use it to pay invoices, buy inventory, and handle payroll in over 70 countries – for up to 14x cheaper than PayPal.
Here are some tips to help you get started.
It’s quick and easy to open an account
It only takes a few minutes to set up your Wise Business account. You just need to enter some details about yourself and your business. We might need to verify your account before completing any transfers for you.
We’re not a bank, but we are regulated like one
Since 2011, we’ve helped over millions of people and businesses send money to over 70 countries. We’re registered with numerous financial authorities, so you can do business around the world.
We use HTTPS encryption, and two-factor authentication to protect all your transactions and make sure everything is secure. We’ll never misuse or sell your data.
We’re 14x cheaper than PayPal
Banks and services like PayPal often set their own, unfriendly exchange rates. This means you pay more than you need to when you send, spend, or receive money internationally. And they pocket the difference.
At Wise, we never mark up the exchange rate. You always will get the real mid-market exchange rate – like you’d find on independent sources like Google, XE, Yahoo Finance or Reuters. Our customers are already saving over £3 million every day.
You can automate your finances
Our open API lets you connect your account with your business tools. This means you can automate payments and workflows. So you can also build whatever you need to do business better. Get creative!
Wise also works with Xero and your favourite accounting tools. You can connect your accounts to automatically sync your activity, and make accounting a cinch.
You can add other users to your account
Our multi-user access supports different permissions and access levels to suit different needs. And we'll soon introduce approvals too.