Wise Payment Gateway is alternative of PayPal for Freelancers?
Wise (former TransWise) is a Great Britain (London) based financial technology company established by Estonian businessman Kristo Kaamann and Taavet Hinrikus in Jan 2011 as an ordinary money transfer service. It has been renamed as Wise. Wise payment gateway is very tremendous facility for online fund transfer. Wise offers payment transfer facility to country to country and no city to city facility available as compared to PayPal. This facility provides cash transfer facility in more than 50 currencies. However, PayPal is supports only 25 currencies. It’s network spread more than 50 countries world wide. Wise provide Master Debit Card which can be used in MasterCard network worldwide and provide access to online or while in traveling. Wise customer can not accept payment online and payment can be loaded through bank or third party agencies using this facility. Money usage limit is one million US dollars and 5 million US dollars per annum. It is free to create a account and no annual fee or no any restriction for keeping cash in the account. Although, some amount is charged on transfer of funds Where PayPal does not exist like Pakistan, it is very useful facility like Payoneer. Very useful for freelancers who can not avail facility of PayPal.
