Jenius and Wise Platform Partner for Enhanced Cross-Border Payments

Recently, Jenius has entered into a strategic partnership with Wise Platform to improve cross-border payment services for its users in Indonesia. This collaboration will allow Jenius customers to send funds internationally using the Jenius app.

Under this new arrangement, Jenius users can now transfer money abroad in multiple currencies such as USD, EUR, GBP, SGD, AUD, and HKD without leaving the Jenius application. The integration with Wise Platform’s systems will enhance the cross-border payment experience by providing faster transactions, full pricing transparency, and real-time tracking.

Both companies are committed to adapting to market demands while ensuring compliance with relevant regulations and laws, focusing on meeting clients’ needs more effectively. This partnership is expected to benefit a wide range of users, including parents sending funds for overseas education, students studying abroad, workers supporting families, and business owners conducting international transactions.

Addressing Common Remittance Challenges

Indonesian consumers have historically encountered numerous difficulties when making international money transfers. Issues like high fees, long processing times, opaque fee structures, and limited bank operating hours for remittances have been significant barriers. The Jenius-Wise Platform partnership is specifically designed to address these challenges, offering faster, cheaper, and more transparent cross-border payment options.

This initiative aligns with Jenius’ broader strategy to promote financial inclusion and extend digital banking services to a wider segment of the population. It also allows Wise Platform to serve more Indonesian customers by providing them with quicker, cost-effective international payments.