Discover why startups and growing businesses use Wise Business accounts to manage global payments, receive money internationally, and control team spending. For companies working with international clients, freelancers, and suppliers, traditional banking systems often create delays, high fees, and complex currency conversions. Wise offers a global business account designed to simplify cross-border payments while keeping costs transparent.
Send Money Globally
Wise allows businesses to send payments internationally using the mid-market exchange rate—the same rate seen on global currency markets. Unlike many traditional banks that add hidden markups.
Multiple Transactions Globally
Companies can send payments to over 70 countries, making it easier to handle vendor payments, contractor invoices, or recurring transfers across borders.
Receive International Payments
One of the key advantages of the Wise Business account is the ability to receive money as if you had a local bank account in multiple regions. Businesses can get local account details to receive payments in several major currencies.
Multi-Currency Business Accounts
Wise allows businesses to hold and manage multiple currencies in one account, making it easier to operate internationally. Accept payments in 18+ currencies.
Send Payments to Global Vendors
Startups frequently work with international suppliers, contractors, and freelancers. Wise allows businesses to send payments quickly without relying on expensive bank wires.
Pay Multiple Invoices Efficiently
Companies can pay single invoices or bulk payments to many recipients, helping finance teams manage payroll, vendor payments, and operational expenses more efficiently.
Receive Payments from Global Customers
Wise provides local account details so businesses can invoice international clients and receive payments just like a domestic transfer.
Simplify Cross-Border Commerce
Businesses selling online through platforms like Amazon, Etsy, or Upwork can receive payments in multiple currencies and manage everything within one account.
Avoid Hidden Banking Fees
Because Wise uses transparent exchange rates and clear conversion fees, startups can often reduce the cost of international payments compared with traditional banks.
Send International Payments to Vendors
- Payment Feature: Global transfers to 70+ countries
- Exchange Rate Advantage: Uses the mid-market exchange rate rather than marked-up bank rates.
- Invoice Management: Pay one invoice or hundreds of invoices quickly.
- Best Use: Paying suppliers, contractors, and freelancers across different countries.
Startup Insight: Businesses can pay USD invoices to vendors outside the United States without opening multiple foreign accounts.
Receive Global Payments Like a Local Business
- Account Feature: Local account details for several major currencies.
- Supported Currencies: Includes USD, GBP, EUR, CAD, AUD and others.
- Customer Advantage: Clients can send local transfers instead of expensive international wires.
- Best Use: Startups with international customers or remote service businesses.
Startup Insight: Receiving local payments helps reduce cross-border payment friction.
Accept Payments in Multiple Currencies
- Currency Support: Accept payments in 18+ currencies.
- Global Marketplace Integration: Useful for businesses selling on platforms like Amazon, Etsy, or Upwork.
- Conversion Flexibility: Businesses can hold funds in foreign currencies and convert when needed.
- Best Use: E-commerce companies or SaaS businesses with global customers.
Startup Insight: Managing global revenue streams becomes easier with one multi-currency account.
Manage Team Spending with the Wise Multi-Currency Card
- Card Feature: Wise Multi-Currency Card for business expenses.
- Spending Controls: Set spending limits for team members.
- Approval Workflows: Create custom approval processes for company payments.
- Access Levels: Assign different permission levels to employees based on their roles.
Startup Insight: Helps keep company spending organized without requiring multiple corporate cards.
Automate Payments with API Integrations
- Integration Feature: Wise offers API connectivity for businesses.
- Automation: Automate payments, payouts, and financial processes
- Software Connections: Integrate with accounting and business tools.
- Best Use: Fintech startups, SaaS platforms, and marketplaces handling high payment volumes.
Startup Insight: APIs allow businesses to build customized payment workflows and scale operations efficiently.
