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Wise

#Payment Service Provider#Payout provider

Wise (ex-Transferwise) is a financial services company providing online bank transfer solutions and helping businesses to transfer money to bank accounts in more than 70 countries.

Payment methods N/A

Market coverage N/A
  • United Kingdom
Description

Wise (ex-Transferwise) is a financial services company providing online bank transfer solutions and helping businesses to transfer money to bank accounts in more than 70 countries.

Wise's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Note that the payment methods offered by each bank or payment service provider may vary depending on the country and the type of account or service.

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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