This analysis describes what Wise's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
How other platforms handle this
if your authorization from that user expires or is revoked, you will immediately stop accessing or acting under that user's account.
If your Venmo account is closed for any reason, any business or charity profile, Teen Account, and any affiliated Venmo Debit Card or Teen Debit Card will be canceled.
Use another user's account or share your account with another person;
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Wise has changed this document before.
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"you authorize us to initiate electronic credits and debits to your bank account through the ACH network, including any applicable fees and charges, and this authorization shall remain in effect so long as you are a registered user...— Excerpt from Wise's Wise Terms of Use (Superseded URL)
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The clause states: “you authorize us to initiate electronic credits and debits to your bank account through the ACH network, including any applicable fees and charges, and this authorization shall remain in effect so long as you are a registered user...”
ConductAtlas has identified this type of provision across 260 platforms. See the full comparison.
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