Wise Platform launches with Payfare, bringing faster and cheaper international payments to gig workers

Louis Smith

Wise Platform is excited to announce our newest partnership with Payfare, a leading fintech powering instant payout and digital banking solutions for the gig workforce. Now, over one million Payfare cardholders have access to a secure, low-fee, fast and convenient way to send money abroad, all within the Payfare ecosystem.

As the cost of living rises and gig platforms look for more ways to support their workforces, partnering with Wise provides Payfare cardholders additional savings when sending money abroad. Wise supports payments in over 50 currencies, including USD, EUR, CAD and AUD, to more than 70 countries.

Payfare cardholders will be able to see the amount, the exchange rate, the fee, and the time it will take for money to settle in the recipient’s account for every payment. This makes the process of sending money abroad fully transparent, and gives Payfare cardholders even greater ownership over their finances.

Payfare partners with leading gig platforms to provide a transparent and frictionless solution to pay their workers instantly, when and how they want. Gig workers benefit from no-fees, instant access to earnings, secure digital banking, cash back rewards on everyday purchases, and now international money payments.

Braulio Lam, Chief Product Officer at Payfare, said:

“Our integration with Wise brings a simple and low-cost way to send money abroad for our cardholders. We are proud to partner with a fellow fintech company that believes in expanding access to financial services for gig workers and have had a fantastic experience working with the Wise Platform team.”

Fast & simple access to a global ecosystem through Wise Platform

Partnering with Wise Platform allows Payfare to embed the best way to send money abroad into its existing infrastructure quickly and seamlessly. By accessing our dedicated delivery specialists and leveraging our easy to use API’s along with our global ecosystem, Payfare is building the best possible experience for its cardholders to send money abroad.

Steve Naude, Head of Wise Platform, said:

“Thanks to the power of Wise Platform, Payfare cardholders are now able to access fast, affordable, transparent and convenient international payments from the convenience of their existing digital banking app. Maintaining visibility and control over personal finances has never been more important, and we are thrilled to be working with Payfare to make this possible for over one million cardholders across the US who need to send money overseas.”

Wise Platform is now live with over 60 partners including Google Pay, Monzo and Shinhan Bank, South Korea’s oldest and second largest bank. Find out more here.

Contact Wise Platform

This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from Wise Payments Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

Money for here, there and everywhere

Find out more

India Price Comparison Research

A dedicated comparison research team in Wise compared Wise to four India bank accounts. They found that we’re on average 3x cheaper to send ₹9,000 abroad....

21.07.23 1 minute read

France Price Comparison Research

An independent research team compared Wise to three French bank accounts as well as PayPal, Revolut, Western Union and Xoom by PayPal. They found that we’re...

13.06.23 3 minute read

Spain Price Comparison Research

An independent research team compared Wise to 3 bank accounts, as well as PayPal, Western Union, Xoom by PayPal and Revolut. They found that we’re on average...

13.06.23 2 minute read

Germany Price Comparison Research

An independent research team compared Wise to four German bank accounts and PayPal, Revolut, Western Union, Xoom. They found that we’re on average 2x cheaper...

13.06.23 2 minute read

Tips, news and updates for your location