wamo business 5.2.2

The wamo business account offers a unique approach, free from the typical limits associated with traditional business banking. This service caters to businesses of various sizes—ranging from freelancers and start-ups to SMEs and larger corporations—facilitating comprehensive management of financial tasks within a single platform.

Limitless Accounts

Opening a wamo business account is a quick process, allowing users to create an unlimited number of sub-accounts. This feature enhances financial organization, enabling businesses to allocate budgets for teams, projects, and operational expenses effectively. Each sub-account can be linked to either a physical or virtual Visa debit card, which can be managed readily by the account holder.

The platform supports transactions in GBP and Euros, offering options for exchanging currencies between sub-accounts while facilitating seamless money transfers through SEPA and SWIFT protocols.

Flexible Cards

wamo allows users to issue multiple Visa debit cards for team members as needed. Visual cards provide expediency and security, whereas physical cards are available for traditional payment methods and cash withdrawals.

With wamo, the reliance on a singular business card that circulates among employees becomes obsolete. Users can oversee all issued employee cards, with the ability to freeze or unfreeze them instantly from the wamo dashboard.

Multiple Payments

Payment processes are simplified with wamo. No additional hardware is necessary for initiating transactions.

Users can receive payments or make transfers using payment links, QR codes, regular bank transfers, or through free in-app payments between wamo accounts—creating a peer-to-peer experience tailored for business needs. This flexibility ensures that businesses are not constrained by the methods they can use to accept payments.

Upcoming enhancements will include features for future and recurring payments while providing comprehensive oversight of financial inflows and outflows directly from the dashboard.

QR Technology

wamo enables instant payment collection via a QR code that customers can scan directly from the user's phone. Moreover, businesses can utilize wamo QR stickers—which can be placed in various locations—to allow customers to scan and pay immediately without needing elaborate setups.

Additionally, digital QR codes can be featured on websites or social media platforms, simplifying the online payment process for customers.

This solution bypasses traditional constraints; no physical cards, cash handling, or complex integration of payment systems are required—just direct deposits into your account.

Through these offerings, wamo aims to empower businesses to focus on their core mission while effectively managing their financial responsibilities.