Back
Hawk
ย โขย
Medialย โขย 1y
Paypal Alternative - Wise/Transferwise Hi there! Since many of you must have already read my Paypal post yesterday and have already learned most of the pros and cons of working with Paypal. I would like to introduce you to an alternative for you to receive payments. Wise.com previously known as Transferwise. I stumbled upon it when one of my clients was recommending me to accept Western Union as a payment method, the issue with Western union was for me to actually visit an outlet to get the money, while Wise was a instant deposit to my bank account. A rough estimate of the fee structure: If the sender sends you $100 there will be a charge of 7.64 USD which will be debited from the original $100 so you will receive $92.36 which will be converted to INR and be deposited to your bank. I had an ICICI Bank account and the money used to be deposited to my account within 48 hours.
Replies (7)
More like this
Recommendations from Medial
Dr Sarun George Sunny
The Way I See Itย โขย 1y
TransferWise: Revolutionizing Global Money Transfers In 2011, Estonian friends Taavet Hinrikus and Kristo Kรครคrmann faced a common frustration: high fees and poor exchange rates every time they transferred money internationally. Taavet, earning in eu
See More
DEVARAJ YADAV
Curious mind, relent...ย โขย 1y
TransferWise (now Wise) was founded in 2010 by Kristo Kรครคrmann and Taavet Hinrikus as a solution to the high fees associated with international money transfers. The company's innovative peer-to-peer model quickly gained traction, leading to substanti
See More
Havish Gupta
Figuring Outย โขย 11m
Wise, the Simplest Way to Make International Payments! Founded in London by Taavet, one of the first employees of Skype, and Kristo, a Deloitte consultant, Wise is the simplest and cheapest way to make international payments. Imagine you want to tr
See More
Download the medial app to read full posts, comements and news.