Wise Business Features
Payment Methods (3)
ACH
Automated Clearing House (ACH) is an electronic network that processes large volumes of financial transactions, including B2B payments.
Credit and Debit
Corporate debit and credit cards used specifically for B2B payments
Wire Transfer
Electronic fund transfers between entities
Payment Processing (7)
Batch Processing
Payments can be processed by batch without manual intervention
Payments Scheduling
Ability to schedule payments at predefined dates and times
Automated Workflows
Workflows to manage every stage of the payment process
Self Service
Self-service portals and mobile apps to submit invoices for processing
Reconciliation
Match invoices, payments, and bank statement information
Settlements
Clearing of electronic payments to transfer funds from customers to suppliers
Payment Tracking
Track each stage of the payment process and manage payments history
Security and Compliance (6)
PCI Compliant
Comply with information security standards for credit card processing
P2PE
Point-to-point encryption to convert sensitive financial information into indecipherable code
Fraud Management
Features to protect companies from attempts to steal sensitive information like credit card details
SSL Encryption
Secure Sockets Layer is the standard security protocol for encryption of electronic data
SOX
Comply with the Sarbanes-Oxley Act (SOX) to protect companies and the public from accounting erros and fraud
SOC
Ensure compliance with Association of International Certified Professional Accountants standards for cloud vendors SOC1 and SOC 2
Integration (6)
Agnostic Integration
The software can be integrated with any other products
Reporting Consolidation
Reports are generated using financial data from multiple sources
Plugins and APIs
The vendor provides pugins and APIs that customers can use to create custom integrations
Accounting
Provide integration with accounting systems or deliver APIs for integration.
Foreign Exchange
Integrate with foreign exchange software for international transactions.
AML & KYC
Deliver features or accreditation or Anti-money laundering and Know your customer.
Transactions (4)
Types
Manage various transaction types such as cash collection or prepaid cards.
Global
Support multiple currencies, multiple countries, and multiple languages.
Channels
Provide features for money transfer online and on mobile devices.
Fees
Track and manage fees for different types of transactions.
Compliance (3)
Security
Comply with security and privacy standards and regulations.
Fraud Protection
Include fraud protection features for all types of transactions.
ID Verification
Checks remitters' ID and information such as address at registration.
Payment Types (3)
AP Automation
Manages large volumes of invoices and financial transactions between a company and its suppliers
E-Commerce
Facilitates the acceptance of electronic payment for online transactions
Retail
Features a common interface for in-store, online, and on-the-go set across all acceptance points
Agentic AI - Remittance & Money Transfer (1)
Cross-system Integration
Works across multiple software systems or databases
Agentic AI - Enterprise Payment (1)
Adaptive Learning
Improves performance based on feedback and experience




