Wise API
The Wise API is a set of RESTful web services provided by Wise (formerly TransferWise) that enables developers to integrate international money transfers, multi-currency accounts, and payment processing into their applications. It allows businesses to automate cross-border payments, retrieve real-time exchange rates, and manage balances across different currencies. The API supports various operations like creating quotes, initiating transfers, and tracking transaction status.
Developers should learn the Wise API when building financial applications, e-commerce platforms, or business tools that require seamless international payment capabilities, as it simplifies compliance and reduces costs compared to traditional banking methods. It's particularly useful for startups and enterprises needing to handle multi-currency transactions, automate payouts to global contractors, or offer embedded finance features. Use cases include travel apps with currency conversion, SaaS platforms paying international vendors, and fintech solutions for remittances.