IBAN discrimination has been against the law for 7 (seven!) years and it’s still something lots of people - and especially those living international lives - face way too often.
COVID-19 has thrown a wrench in all our plans for 2020. The pandemic has hit budgets across the globe and that’s reflected in the amounts of money people send to their family and friends back home ...
Wise has been granted direct access to Hungary’s payment infrastructure, a first in the European Union for the company. The Central Bank of Hungary (Magyar Nemzeti Bank, MNB) has provided the compa...
In January, we highlighted a new European regulation, CBPR2, because it was meant to lower fees for some payments in the EU. Since 15 December 2019, firms are required to charge the same for a paym...
Last week, the European Commission set out their ambitions for retail payments in Europe: making payments cheaper, faster, convenient and more transparent for consumers - a mission that the Wise te...
New EU rules require all cross-border payments in euro in non-eurozone EEA countries to be priced the same as domestic payments. This regulation (the extension of the Cross-Border Payments Regulati...
Every year, Europeans lose more than €12.5billion to hidden fees when they send or spend their money abroad. This is because providers have been hiding extra fees in the exchange rate, yet advertis...
Last week, Wise took the Know What You Pay campaign to the streets outside Parliament. We were there to ask them to vote to support a regulation that would dramatically reduce costs for every Europ...
On the 5th November, the European Parliament votes on a new law that could put an end to misleading currency conversion charges in the EU. The proposed law, the Cross-border Payments Regulation, wo...