what is wise transfer

Wise Transfer is the former name of Wise, a UK-based financial technology company that specializes in cross-border payment transfers). It offers a platform that allows individuals, businesses, banks, and other financial institutions to send, hold, and receive money in multiple currencies. Wise Transfer, now known as Wise, is essentially an online account where users can send money abroad or get paid in other currencies, and spend. Wise offers a few ways to transfer money, including bank account, debit card, credit card, Apple Pay, or Google Pay. Wise is registered with the Financial Crimes Enforcement Network (FinCEN) in the US and is authorized to operate in most states.