Pay like a local with Wise
Optimize your time while traveling by utilizing local payment methods.
Wise is a fintech firm that offers borderless financial services to its clients. Its multi-currency account empowers individuals and businesses to manage and hold money in more than 50 currencies, with competitive exchange rates and low fees.
An exceptional benefit of the account is the ability to make local bank transfers in various countries, which enables users to send and receive money quickly, without incurring international fees or unfavorable exchange rates. This feature can be particularly advantageous for individuals residing or traveling abroad who need to settle bills or receive payments in the local currency.
Furthermore, Wise enables users to transfer funds to e-wallets in select countries. This feature can prove beneficial for replenishing balances on local services such as marketplaces, ride-hailing services, and food delivery apps. In certain cases, this may be the sole available method for making online payments, such as when a service only accepts local e-wallets and credit cards.
| Country | Payment Methods | Limits per transaction |
|---|---|---|
| China | AliPay, Weixin | 50,000 CNY |
| Indonesia | Dana, Gopay, OVO, Shopeepay and Linkaja | 2 million IDR for unregistered recipients, and 10 million IDR for registered recipients |
| Philippines | GCash, PayMaya, GrabPay, Starpay, Bayad Wallet, TayoCash, ShopeePay, and JuanCash | 50,000 PHP |
| Singapore | PayNow | 5,000 SGD |
To find a guide for a particular currency transfer, you may input the corresponding currency code into Wise's online help system.
See also: Wise: The Ultimate Travel Card