U.K.'s Wise to join the New Payments Platform in Australia


FILE PHOTO: A smartphone with the Wise logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration

SYDNEY (Reuters) - Digital money transfer group Wise Plc will join an Australian payments network which should allow transfers to be settled in the country faster and at lower cost, Chief Executive Officer Kristo Kaarmann said on Friday.

The company will become a direct participant and shareholder in Australia's New Payments Platform (NPP), Kaarmann said.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

HP, Dell, Acer and Asus mull using Chinese memory chips amid supply crunch, Nikkei Asia reports
Bulgaria probes beauty salon images found on porn sites
Google goes from laggard to leader as it pulls ahead of OpenAI with stellar AI growth
Italy foils Russian cyberattacks targeting Olympics
Sony lifts earnings targets after strong quarter, but PlayStation 5 sales slide
Qualcomm, Arm bear brunt of memory shortage as smartphone chip sales disappoint
Chinese AI firms defend safety practices, push back on Western criticism
Instagram recovers after brief outage disrupts US users
TSMC CEO flags 3-nanometre chip production in Japan, investment reported at $17 billion
Jeff Bezos's Washington Post guts staff, shrinks news coverage

Others Also Read