[Patentcenter] Did Wise (transferwise) get bought by a different company?

[Dan Feigelson]

So I played around with Wise a bit more. Seems that for payments made by
ACH, there's now a daily cap and if that's exceeded, it asks for photo ID,
which leads me to "rewire", though I don't know what the cap amount is and
couldn't find it looking in Wise's "help" section.  I found there was a cap
because I didn't want to provide a photo ID until I find out what this
"rewire" thing is, and guessed there might be as cap issue and I reduced
the amount to send, and it let me go through with it without asking for a
photo ID, but when I then tried to top-off I encountered the same problem.

I know that in the past there was a $5000/day cap for ACH transfers.

I don't know if this is an issue with making transfers from a Wise account
into which funds have already been deposited.

At any rate, Wise, like many other online things that start out good, seems
to have deteriorated in terms of its service over time.
DJF

On Tue, Dec 19, 2023 at 10:45 AM Carl Oppedahl <carl at oppedahl.com> wrote:

> I had not heard of any "Rewise" until now.  But I clicked around on the
> Internet and found this news release:
>
>
> https://www.globenewswire.com/en/news-release/2023/01/05/2583840/0/en/Remitly-Completes-Acquisition-of-Rewire.html
>
> It looks like maybe a year ago there was a company called "Rewire" and
> maybe it got purchased by a company called "Remitly".
>
> Just now I logged in at Wise and looked at my firm's balances and clicked
> a few more times, and I did not see anything about "Rewire".
> On 12/18/2023 9:18 PM, Dan Feigelson via Patentcenter wrote:
>
> I'm trying to send money and suddenly it's asking me to download an app
> for something called "rewire" and to sign up for an account with "rewire".
> Has anyone else encountered this? I'm wondering if transferwise sold out to
> another company and is no longer as easily usable as it was.
>
> Dan
>
>

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