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Please add payment method “TransferWise”
I only learned of this service yesterday, when purchasing from a store in EU that only accepts IBAN/ bank transfer.
Payment goes direct to sellers bank account, funding can be several options depending on where in the world you are. Took a while to figure out, I was able to pay with Apple Pay (from a credit card), total cost was less than 3% of the order, the least expensive is ACH transfer.
Best thing is the service is much less expensive than a bank transfer, and their conversion rate is much better than PayPal.
Seller received funds within 18 hours, and there is no fee for them. Bank to bank transfer has fee both sides.
Service will be most useful for transatlantic and transpacific commerce
Payment goes direct to sellers bank account, funding can be several options depending on where in the world you are. Took a while to figure out, I was able to pay with Apple Pay (from a credit card), total cost was less than 3% of the order, the least expensive is ACH transfer.
Best thing is the service is much less expensive than a bank transfer, and their conversion rate is much better than PayPal.
Seller received funds within 18 hours, and there is no fee for them. Bank to bank transfer has fee both sides.
Service will be most useful for transatlantic and transpacific commerce
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Comments
Transferwise sorts out the method of delivery depending on destination.
So I can’t list as excepting IBAN (in the US) and it isn’t exactly a bank transfer, because there are several funding options.
It’s a unique service unto itself, more like PayPal, hence the suggestion.
Please consider. Thanks.