TransferWise revamps overseas business account

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TransferWise has revamped their overseas business account for including a debit card,  integrating with accounting platform Xero and an API for the development of third-party payment automation applications.

With the new revamp, the cross-border money transfer platform looks to provide more capabilities than its previous basic version.

The new Mastercard debit card included will allow users to pay expenses, set up subscriptions, and spend abroad in multiple currencies. The Xero integration will help users sync, manage and track their finances through the popular platform.

The new developer channel will provide opportunities for businesses to create new applications for managing their finances.

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