Wise Platform, Wise’s infrastructure offering for banks and non-banks, has partnered with GMO Aozora Net Bank in Japan to provide fast and low-cost international payments to over 80,000 corporate customers. This collaboration aims to modernize the global financial system and offer fair and transparent banking services.
Facts
- GMO Aozora Net Bank, a Japanese online banking business, has partnered with Wise Platform to offer inexpensive and hassle-free overseas remittance services to its corporate customers.
- Businesses seeking to expand internationally or hire international talent consider international payments a high priority.
- Powered by Wise Platform’s user-friendly APIs, GMO Aozora Net Bank customers can now make international payments in 8 currencies to 28 countries and regions, including the US, UK, China, Australia, and Singapore.
- GMO Aozora Net Bank’s corporate customers can access this new service through their internet banking platform 24/7.
- Thanks to Wise’s cross-border payments network, payments can be completed in as little as 2 minutes, enabling businesses to better manage their invoicing and supplier payment needs.
- GMO Aozora Net Bank is the fifth Asian banking partner of Wise Platform, joining ZA Bank (Hong Kong), Bank Mandiri (Indonesia), Aspire (Singapore), and Shinhan Bank (South Korea).
- GMO Aozora Net Bank aims to support global business transactions for its corporate customers and develop services that meet their needs as a leading tech bank.
- Wise and GMO Aozora Net Bank share a vision of modernizing the global financial system and providing fair and transparent banking services, especially for small and medium-sized enterprises (SMEs) with limited resources. This collaboration allows SMEs using GMO Aozora Net Bank to enjoy Wise’s fast, transparent, and convenient international money transfer service at lower rates than traditional providers.
