Our business account makes it easy to send and receive local and international payments on the go at low fees and high speeds.
International transfers
Local payments
Multiple ways to pay and get paid
Gamze Er, Etsy shop owner, Turkey
”So satisfying to be able to start taking payments the minute I had my wamo account. For my Etsy shop based in Turkey, being able to take payments in GBP and euros without currency conversion is truly amazing. Love wamo.”
Doing business globally? Send money in EUR, GBP and USD. For international payments with a currency conversion, you pay the ECB mid rate + 0.50% and without a currency conversion, you pay a fixed rate of £14.99. wamo fees are always fair and transparent.
Choose a EUR or GBP IBAN when you open a wamo business account and with each sub-account you create. wamo is designed to make business across borders hassle-free.
To make instant local transfers simply add payee details or choose from your contacts, and get money moving in a few taps.
SEPA instant in the EU and Faster Payments in the UK make local payments possible in a snap from your wamo business account.
Keep track of the status for all transfers and create statements for payments as and when you need them.
All payments to other wamo account holders are free and instant. Making a free wamo-2-wamo transfer is easy, simply search your contacts, add the amount and tap send.
The bigger your wamo network grows the more time and money you save!
Make payments simple for your customers wherever they are. Create a unique link and copy, paste and share it however you like.
To use payments we’ll ask you to make an initial request to get it set up for your account. This is for your security!
Stay on top of your finances at all times with instant notifications on all transactions in your wamo account. Never fall behind!
Want to schedule one-off or recurring payments? Tap the calendar while sending money and your payments are automated, just like that.
Generate account statements, payment confirmations and an account confirmation for proof of a business account. Get it all done, faster!
FAQ
© wamo 2023, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced consent of the owner
Wamo.Io LTD incorporated and registered in the United Kingdom under the company registration number 12352849 and the operational office of which is at Technique Building 132-140 Goswell Road, Unit 3, London, United Kingdom, EC1V 7DY. Wamo.Io LTD (Firm Reference Number 922901) is an EMD agent of PayrNet Ltd which is an Electronic Money Institution authorised by the FCA under the Electronic Money Regulations 2011 (EMR’s) with Firm Reference Number 900594.
Wamo Solutions Ltd is registered under the Laws of Malta with company registration number C97355 and registered office at Dragonara Business Centre, 5th Floor, Dragonara Road, St. Julians STJ 3141, Malta. Wamo Solutions Ltd is an EMD agent of UAB “PAYRNET” which is authorised by the Bank of Lithuania under the Law on Electronic Money and Electronic Money Institutions (authorization code LB001994, license reference 72).
The wamo card is issued pursuant to licence from Visa. UK issuance is conducted by PayrNet Ltd and EU issuance is conducted by UAB PayrNet. wamo operates the wamo.io website and the app. wamo is not a bank, the current account is an e-money account. Issuance of Electronic Money and payment services is provided by PayrNet Limited. The Financial Services Compensation Scheme does not cover electronic money products. No other compensation scheme exists to cover losses from your electronic money account. Your funds will be safeguarded in one or more segregated bank accounts with a regulated third party credit institution and not lent out, which gives you protection against insolvency, in accordance with the provisions of the Electronic Money Regulations 2011.
© wamo 2023, all rights reserved wamo & the wamo logo are trademarks and trade names of wamo technology Limited and may not be used or reproduced consent of the owner