Wise Platform joins AbbeyCross ABX for enhanced global FX payment connectivity

AbbeyCross, a platform dedicated to boosting connectivity and access in the global FX payment arena, announced the inclusion of Wise Platform, the infrastructure arm of Wise that serves banks and global enterprises, as a new payment partner on the ABX Platform.

The collaboration aims to provide AbbeyCross users with access to faster, more transparent, and cost-effective FX payment rates, focusing on improved settlement experiences, especially in emerging markets.

AbbeyCross operates a unique platform designed to enhance the FX payment market infrastructure. It facilitates access for banking and money service business (MSB) clients to a multitude of FX payment providers through a single integration. This model allows for competitive services and transparent FX rates, which is a significant upgrade over the traditional bilateral connectivity models that tend to limit choices to single providers.