Wise Banking Solutions

As an independent artist, selling online opens up endless opportunities and dangers. Whether you’re showcasing your work via your own website, art hubs, or working privately with collectors / dealers, reaching out to global audiences helps ignite passion towards securing better and bigger opportunities. Whilst doing so however, you will want to protect your financial growth from hackers and scammers.

When money flows your way, managing finances efficiently and securely by a trusted banking system is crucial. Here’s what i discovered with wise.com and the reason why i decided to post this article.

Financial Security Matters for all artists!

As an independent artist myself, it became important to find a trusted banking provider that genuinely looked out for my needs when dealing with international markets.

I have tried many business banking alliances over the years, however after being scammed online, i began to search for reliable services that had higher securities in place.

Testing online blockchain services, i found that wise.com worked well for myself, so i am sharing information to help small business expand, both within your local environment and International markets.

I make note; that my Australian Banking Services also look after me, however this article is about anyone trading with overseas alliances and need services that protect your identity.

here are a few thought processes that may be useful

Protect Your Income: Safeguarding your financial position is critical. An insecure payment system can leave you vulnerable to fraud, payment delays, or unauthorized transactions.
Save on Transaction Fees: As an artist, every cent matters. International sales and payments often come with hefty transaction fees and unfavorable exchange rates if you’re not using the right banking tools.
Ensure Convenience: Juggling business and customer communications is already a full-time job. The right banking system should streamline your payment processes, so you spend less time on financial admin and more time on your creations.
Travel Safety: Travel anywhere in the world whilst enjoying the benefits and freedom that this service has to offer, inclusive of affiliation programs that support and reward your usage.

Wise Banking is a solution that offers:

1. Low Transaction Fees

Minimal Fees: Wise (formerly TransferWise) offer lower fees for international transactions, which can be a big money-saver if you sell your art / products to customers overseas.
Low Conversion Costs: If you’re selling to international buyers, you’ll also need a bank that offers competitive exchange rates to avoid losing money when converting currencies.
Wise.com physical card, has no fees with cash withdraws in Australia. The card took 7 days to arrive securely and safely.

2. Multi-Currency Support

As an artist customers and suppliers can come from anywhere in the world. A banking system that supports multiple currencies is a huge advantage.

Multi-Currency Accounts: Wise payment services allow you to hold and manage multiple currencies, meaning you can receive payments in 50 + currencies, without needing to convert funds right away.
Easy Currency Conversion: Wise.com service offers real-time exchange rates without hefty markups, helping you maximize your earnings from international sales.

3. Fast Payment Transfers:

Wise also known for competitive rates is reliable for international transfers, with the majority of transactions completed within hours.

Consistent Payment Tracking: Having a system in place that lets you easily track and reconcile payments helps you stay on top of your orders and ensures you never miss a transaction.

4. Secure Payment Systems

When you’re managing payments online, security should be one of your top concerns to protect your income, your business, and your customer’s information.

Authentication: banking solutions that offer alternative security features, like two-factor authentication is worth noting.
Encryption: wise has end-to-end encryption to protect sensitive financial data from being intercepted during transfers.
Fraud Monitoring: Wise.com check your credentials and have fraud detection systems in place, providing an additional layer of protection for your business.
Seamless Invoicing: So far, their invoicing system has been smooth and easy for clients to make payment.

5. Integration with E-commerce Platforms

You will be likely selling through a variety of online platforms, or targeted data bases. Having a banking system that easily integrates with your e-commerce processes is essential for a seamless payment processing experience.

Wise app / Quickpay : To Get started, On the Wise app or web, go to Payments, Choose Quick Pay and copy your unique link.

To start using Quick Pay to get paid online, copy your unique Quick Pay link and use it as a link or button. When people click it, they’ll be directed to Wise to enter the amount they want to pay you. If you want people to pay in person you can use QR code — ready to download, print and share.

If you’re looking for a cost-effective, secure way to handle international payments, Wise is an excellent choice for artists of all walks of life.

And as a bonus the wise referral program, offers a chance to earn rewards by inviting others to use the platform, thus supporting you and many others in business with win-win outcome potentials.

FOR A FEE FREE TRANSFER OF UP TO $1000. CLICK HERE

Try the service for yourself, and give me a comment on how you went. I use it for international suppliers and am currently testing their ‘quick pay’ app integrations.

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