Wise Adds New E-Transfer Request Money Feature

LONDON—Wise has launched a new e-transfer request money feature to users in Canada.

Called INTERAC, the service is designed to deliver a simpler way to move money into Wise digital wallets, the Paypers reported.

With the new feature, Wise customers can now securely transfer funds in CAD between Wise and other financial institutions in the country by using their email address or mobile phone numbers, with funds typically arriving in 30 minutes.

“The implementation of this faster payments solution will secure cashflow for customers, allowing them to have access to funds almost instantly,” The Paypers said.

Wise’s INTERAC integration offers a fast and secure fund transfer experience and a series of other services catering to Canadian users, including a Wise card, auto conversions, and INTERAC e-transfer payouts, The Paypers explained.

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