My understanding is that the fees Wise charges are dictated by the costs of their fast method, rather than, say, a requirement of their business model. I’m ver

My understanding is that the fees Wise charges are dictated by the costs of their fast method, rather than, say, a requirement of their business model. I’m very much in agreement that this is a win for customers either way, and I think it’s a very clever idea — challenging the assumption that speed is more important than cost — I’m just super curious to understand their long term thinking. That said, I could be completely wrong about Wise: maybe they are banking a lot of profit off big transactions, in which case, this is a challenge to the model Wise are pursuing and would definitely be a significant competitor.