Paydesk partners with TransferWise for frictionless payments and insurance for freelancers

Freelance payment platform Paydesk has teamed up with TransferWise, the global money transfer company.

The deal will see Paydesk better equipped to offer its payment and insurance cover services internationally.

By leveraging TransferWise’s  API, the freelancers using Paydesk’s services can receive payments without speaking to their banks 24 hours a day.

Henry Peirse, CEO and founder of Paydesk, commented, “Paydesk’s ambition is to let freelancers anywhere in the world withdraw funds whenever they want — without waiting weeks or months for invoices to be processed. In a competitive field, TransferWise stood out as the best service for us to meet this ambition. Our mutual focus on simplicity and speed creates great synergy, the benefits of which we hope to deliver to our freelance community.

Alastair Thompson, global head of business partnerships at TransferWise, added, “Paydesk shares our vision for bringing fairness, convenience and transparency to people all over the world, so we knew this partnership would be a perfect fit. By plugging into TransferWise’s API, Paydesk is enabling more workers globally to benefit from frictionless payments, wherever they are.”

A new YouGov survey recently named the money transfer unicorn TransferWise as one of the most recommended brands in the UK.

Copyright © 2019 FinTech Global

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