Back
Havish Gupta
Figuring Out • 7m
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 transfer 2 Lakh INR to your relative in the USA. Without Wise, it's a very complex, time-consuming task, and the method can be very costly (with up to 5% fees). But with Wise: 1) Create a an account 2) Select the receiving currency, country, and amount 3) The final fees are displayed instantly (~<2%) 4) Make the payment through your bank account 5) The money will be credited within 1-3 business days! They are so transparent about pricing that they have included the "fee calculator" at the top of their website. If you open their multi-currency account, you can make transfers almost instantly! Their transparent pricing and easy-to-use app are the reasons why they are the number one choice for international payments. Today, they process transfers of over $35 billion every quarter and are an $11 billion listed company!
Replies (7)
More like this
Recommendations from Medial
DEVARAJ YADAV
Curious mind, relent... • 10m
TransferWise (now Wise) was founded in 2010 by Kristo Käärmann 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
Sarun George Sunny
The Way I See It • 8m
TransferWise: Revolutionizing Global Money Transfers In 2011, Estonian friends Taavet Hinrikus and Kristo Käärmann faced a common frustration: high fees and poor exchange rates every time they transferred money internationally. Taavet, earning in eu
See More
Jyotsana
Be an entrepreneur, ... • 1m
A universal currency that completely replaces both physical and digital forms. Some ideas:- 1. Biometric/Physical Identity-Based Currency Idea: Each person's unique biological data (DNA, advanced fingerprint, retina/neural patterns) becomes their c
See More
Avriti India
Focus on skills rath... • 8m
Exciting Update! We are thrilled to announce that we have successfully developed a Service Payment Link feature on Avriti! Now, freelancers can accept both international and domestic payments in multiple currencies, including dollars, euros, and rup
See More
Download the medial app to read full posts, comements and news.