Wise payment platform launches new offering to compete with banks and fund managers

Jenée TibshraenyWellington Business Editor·NZ Herald·12 Oct, 2026 04:00 PM4 mins to read‌Payment platform Wise is offering a higher interest rate on transaction accounts, but there's a catch. Photo / WisePayment platform Wise is offering a higher interest rate on transaction accounts, but there's a catch. Photo / WiseInternational payments platform Wise is helping fill a market gap by enabling users to earn relatively attractive returns on money in their transaction accounts. From today, Wise users can opt to invest in government-issued assets and receive higher returns than if they kept their money with