Users can pay bills from anywhere in Europe whether it’s phone bill in France, electricity bill in England, or student loan in Spain
TransferWise announced its users can pay bills and subscriptions across Europe right from their accounts with direct debits.
A service subscription is free, allowing companies to pull the money straight from the user’s account.
TransferWise allows users to manage their international lifestyle from one account eliminating the need to open a foreign one just to pay direct debits.
Along with that, if balance is too low and a direct debit bounces back, TransferWise won’t charge users anything.