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TransferWise Now Supports Debit Cards for International P2P Money Transfers

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TransferWise‘s P2P payment service now supports debit cards

This means that instead of having to use their Internet bank to send money to TransferWise when making international payments, users can now simply enter the information from their debit cards directly to the TransferWise website.

Currently only debit cards from VISA and MasterCard are accepted, and even then the cards must be 3D Secure enabled. There are a few other qualifications, all explained in the company’s brief FAQ (available here). 

TransferWise was one of the presenters at the FinovateEurope 2013 event in London in February. A video of the company’s demo will be available soon. In the meantime, here’s a link to our Live Blog post on TransferWise’s London presentation.