Wise Platform and Google Collaborate on Cross-Border Remittance Program for US Customers.

Wise Platform and Google have partnered to launch a new remittance program for US customers. The feature allows users to view real-time cost comparisons from multiple providers, including Wise, Ria, and Xe, directly in Google Search. Customers can complete transfers within the search results page without switching platforms, addressing concerns over hidden charges and delays in international payments. The partnership aims to provide greater transparency at the point of decision-making in the often opaque cross-border payment sector.

Wise Platform and Google have announced a strategic partnership aimed at revolutionizing international remittance services for US customers. The collaboration, set to be tested by US Google users, will integrate Wise’s infrastructure into Google Pay, allowing users to view real-time cost comparisons from multiple providers directly within Google Search. This new feature will enable customers to complete transfers without switching platforms, addressing longstanding concerns about hidden charges and delays in international payments.

The partnership includes Wise, Ria Money Transfer, and Xe, providing users with transparent access to currency exchange rates, fees, and transaction speeds. This enhanced transparency is expected to empower users to make informed decisions and choose the most cost-effective remittance option. The feature will initially support high-demand routes such as US Dollars to Indian Rupees, Philippine Pesos, Mexican Pesos, and Brazilian Reals.

Google’s initiative to improve the accessibility of web payments is further supported by this collaboration. The tech giant has also revealed plans to expand buy-now-pay-later services using autofill functionality, improving the shopping experience for US customers. This will include partnerships with providers like Klarna and Afterpay, aiming to increase accessibility and convenience for global payments.

The partnership between Wise and Google is a significant milestone for Wise, which has achieved substantial growth in customer acquisition over the past four years. The collaboration is expected to help Wise reach further demographics and expand its customer base even further.

References:

[1] https://fintechmagazine.com/news/making-payments-accessible-wise-platform-pairs-with-google
[2] https://coinpedia.org/news/terawulf-stock-soars-70-as-google-doubles-its-stake/