London-based fintech unicorn Wise has announced an integration to bring its platform to Google Pay users allowing the send money abroad within the app from today onwards.
The initial launch will enable Google Pay users in the U.S. to send money to Google Pay users in India and Singapore.
By the end of the year, U.S. Google Pay users will be able to send money to 80 countries through Wise.
For new customers, Wise will make the first transfer free on transfers up to US$ 500 until June 16.
The platform allows banks, businesses and software companies to tap into the Wise network, giving them and their customers access to cheaper, faster international payments, through an integrated customer experience.
The Wise Platform is now used by banks and businesses in over 10 markets.
“Providing people with a simple and seamless way to safely send money to friends and family is more important than ever – be it for everyday use or in times of need.
Wise’s mission is money without borders – instant, convenient, transparent, and eventually, free. Through this collaboration, and with the integration of the Wise Platform, Google Pay customers can now send money internationally cheaper, faster, and easier.”
said Harsh Sinha, Chief Technology Officer at Wise.
“Cross-border payments are not just a lifeline for loved ones, they form the financial backbone for many economies.
For many people with families abroad, sending money home is something they do as frequently as every month. By teaming up with Wise, we are providing a way for Google Pay users to send money quickly, safely and reliably from the Google Pay app.”
said Josh Woodward, Director of Product Management, Google Pay.