Case Study: Wise boosts approval rates and global payouts with Checkout.com

Best-in-class payment performance boosts the bottom-line for Wise

Wise, the fintech company formerly known as TransferWise, needed a way to simplify highly complex global payments at scale while improving customer experience and controlling costs. To support this, Wise used Checkout.com’s Payouts and Unified Payments API to replace cumbersome legacy payment processes with a more agile, data-rich payments setup.

With Checkout.com, Wise gained granular payment data, automated reporting, faster settlement times, and access to global payouts through a single API. The result was a 1% increase in approval rates, better cash flow management, and significant time savings for Wise’s team by reducing manual reporting work.

Wise

Aleksandr Povarov

Product Manager