From b444bb99d66b6c8ea406c28cb9ba9866589253e8 Mon Sep 17 00:00:00 2001 From: BitcoinVeneto Date: Wed, 12 Feb 2025 11:32:54 +0100 Subject: [PATCH] Update 02-payment-methods.md Added a note about info shared in a Wise payment --- .../docs/01-best-practices/02-payment-methods.md | 11 +++++++++++ 1 file changed, 11 insertions(+) diff --git a/docs/_pages/docs/01-best-practices/02-payment-methods.md b/docs/_pages/docs/01-best-practices/02-payment-methods.md index 54e22058..a2e680b7 100644 --- a/docs/_pages/docs/01-best-practices/02-payment-methods.md +++ b/docs/_pages/docs/01-best-practices/02-payment-methods.md @@ -57,6 +57,17 @@ In Canada, [Interac e-Transfer](https://www.interac.ca/en/consumers/support/faq- ### Wise [Wise](https://wise.com/) (formerly TransferWise) is a regulated international money transmitter in 175 countries and 50 currencies. It is known for its relatively cheap fees for transferring money between countries and currencies. Chargebacks remain a risk, but are likely uncommon. Users may transfer money between Wise accounts using an email address similar to how e-Transfers work; or in Canada, users may request standard e-Transfers directly from their Wise accounts. +Can recipients see your account details? +If you send money with Wise, the recipient can not see your account details. In fact, this privacy flows both ways - there are also ways you can send money to someone without needing them to share their bank details with you. +That can be easier and it means no sensitive data is shared as well. +- If you want to send money to someone without getting their bank details there are a couple of options: +- If your recipient has a Wise account they can sync their phone contacts with Wise so you can find them and process the payment with + just this phone contact +- If your recipient has a Wise account they can also mark an account as their primary account to receive payments, which means you can + send with just an email address +- If your recipient doesn’t have a Wise account you can still send with just their email - Wise will reach out and ask for their + banking information through a secure link + ## High-risk payment method