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
This clause establishes the operational scope of Wise's data handling practices and defines the categories of recipients with whom personal information may be shared. It grounds data practices in both legal obligations and service delivery requirements, and specifies permissible uses of collected information for fraud prevention and compliance purposes.
The updated terms now authorize Wise to accept incoming funds via FedNow, a new instant payment service. The agreement states that FedNow transactions are processed in real time and generally cannot be canceled or reversed once completed, distinguishing them from traditional transfers that may have reversal windows. The terms also establish that Wise may decline any incoming FedNow transaction at its discretion where required for security, compliance, or operational reasons, without specifying advance notice or appeal procedures. Users receiving FedNow payments should understand that such transfers become final immediately upon completion.
View change record →Users grant Wise broad authorization to collect and process multiple categories of personal information and to disclose that information to external parties including third-party vendors, financial institutions, and government agencies. The provision defines the permitted uses of collected data to include fraud detection, regulatory compliance, and service improvement.
How other platforms handle this
"By clicking 'Next', you are indicating that you have read and agree to the TERMS OF USE AND PRIVACY POLICY"
We automatically collect certain information from your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Additionally, as you browse the Service, we collect information about the individual web pages or products th...
Location data. Data about your device's location, which can be either precise or imprecise. For example, we collect location data using Global Navigation Satellite System (GNSS) (e.g., GPS) and data about nearby cell towers and Wi-Fi hotspots. Location can also be inferred from a device's IP address...
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"By using our services, you agree that we may collect, process, store and share your personal information, including identity documents, transaction data, device information, and location data, in accordance with our Privacy Policy. We may share your information with third-party service providers, financial institutions, regulatory authorities, and law enforcement agencies as required by law or as necessary to provide the services. We may also use your information to detect and prevent fraud, comply with our legal obligations, and improve our products and services.— Excerpt from Wise's Wise Terms of Use
Netflix updated its Privacy Statement on April 18, 2026, disclosing voice recording collection and expanded household ad profiling for the first time.
Google's Privacy Policy covers Search, Gmail, YouTube, Maps, and every site running Google Analytics. Here is what it actually authorizes.
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This clause establishes the operational scope of Wise's data handling practices and defines the categories of recipients with whom personal information may be shared. It grounds data practices in both legal obligations and service delivery requirements, and specifies permissible uses of collected information for fraud prevention and compliance purposes.
Users grant Wise broad authorization to collect and process multiple categories of personal information and to disclose that information to external parties including third-party vendors, financial institutions, and government agencies. The provision defines the permitted uses of collected data to include fraud detection, regulatory compliance, and service improvement.
ConductAtlas has identified this type of provision across 1 platforms. See the full comparison.
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