Wise updated its Terms of Use on May 15, 2026 to add three new provisions governing FedNow instant payment transactions. The updated terms now state that Wise accounts can receive funds via FedNow, that FedNow transactions are processed in real time and generally cannot be canceled or reversed once completed, and that Wise may decline incoming FedNow transactions at its discretion for security, compliance, or operational reasons. Sending payments via FedNow is not currently available. These additions establish operational and procedural boundaries for a specific payment method without modifying broader settlement finality language.
The updated terms establish that Wise accounts may receive funds through FedNow, a real-time payment service operated by the Federal Reserve. Under these new provisions, once a FedNow transaction is completed, it generally cannot be canceled or reversed, which differs from some other payment methods that may offer reversal windows. The terms also authorize Wise to decline incoming FedNow transactions at its discretion if needed for security, compliance, or operational reasons. Sending payments via FedNow is not currently available.
The updated terms establish support for a new payment method (FedNow) operated by the Federal Reserve and clarify the irreversibility mechanics associated with that method. This affects customers receiving payments through Wise, as FedNow deposits cannot be reversed once settled, distinguishing this method from other payment rails that may offer chargeback or reversal options.
Wise accounts may receive funds via FedNow, which cannot be canceled or reversed once completed.
Wise may decline incoming FedNow transactions at its discretion for security, compliance, or operational reasons.
This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology
Wise added three sentences describing FedNow support as of May 15, 2026. The change discloses that incoming FedNow transactions are irreversible once settled and that Wise retains discretionary authority to decline such transactions. This is a product feature disclosure rather than a material shift in consumer rights or liability. Compliance impact is minimal; the language reflects operational reality of FedNow mechanics (real-time settlement) rather than new contractual obligations. No regulatory risk is apparent from accepting a Federal Reserve payment rail.
FDIC regulations governing deposit acceptance; Federal Reserve FedNow service operational rules. No primary consumer protection statute is directly engaged by accepting an instant payment service.
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ConductAtlas provides verified policy intelligence sourced directly from platform documents. All analysis is intended to support, not replace, legal and compliance review. Record CA-C-002118.
See the full side-by-side comparison of every sentence added, removed, and modified.
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