Wise Joins AbbeyCross ABX Platform as New Payment Partner

AbbeyCross announced yesterday that Wise Platform has joined its ABX Platform as a new payment partner. Wise Platform provides global payments infrastructure to banks, financial institutions, and enterprises, facilitating international payments in over 40 currencies across 160 countries. The platform's infrastructure supports fast and secure transactions, with approximately 60% of transfers completed in 20 seconds or less.

The partnership will allow AbbeyCross users to access faster and more cost-effective FX payment rates, including for emerging markets, and improve the settlement process. AbbeyCross offers multi-lateral access to various FX payment providers through a single integration, aiming to enhance transparency and competitiveness in the FX payments market.

Mike Robertson, CEO and Co-Founder of AbbeyCross, noted, "We are pleased to have Wise Platform join the ABX Platform. Their experience, particularly in emerging markets, will contribute to improved payment options and transparency for our users."

Abid Mumtaz, Head of Commercial at Wise Platform, commented, "Our goal is to make money movement more efficient and transparent. Partnering with AbbeyCross aligns with this objective by improving international payment solutions."