Using Wise to pay for things

[Celsius]

18 hours ago, CharlieH said:

 

You would need a Wise card which cannot be obtained whilst in Thailand, but can be sent to an alternate address. say UK, and forwarded to you. 

 

 

I keep hearing this, but 3 years ago I got a wise card shipped to address in Bangkok. 

 

I use virtual card for lazada and dtac topups.

[KannikaP]

2 minutes ago, Celsius said:

I keep hearing this, but 3 years ago I got a wise card shipped to address in Bangkok. 

By WISE or by someone to whom it was sent in your own country?

[KannikaP]

4 hours ago, Scouse123 said:

 

 

My understanding is that with Wise, you are purely using the ATM service, which you pay for, and the money is not going through the Thai banking system into an account that is linked to a card.

 

I read this when researching.

How can an online purchase from say Lazada or Shopee be using the ATM system.

It goes through the Visa/Mastercard system as with any other Debit Card purchase.

[Scouse123]

7 minutes ago, KannikaP said:

How can an online purchase from say Lazada or Shopee be using the ATM system.

It goes through the Visa/Mastercard system as with any other Debit Card purchase.

 

I wasn't talking about the digital card for online purchases,

 

I was talking about people who filled up their Wise card in their own country and withdraw cash in Thai baht from ATMs in Thailand.

 

My response was in answer to another poster, who was questioning if it was classed as taxable income coming in or if it would be noticed if they were withdrawing cash in Thailand on a Wise card.

 

It would not be going through your Thai bank account or a card linked to it, you would purely be using an ATM.

 

 

 

[Scouse123]

28 minutes ago, KannikaP said:

How do you know that it works then please?

I can confirm that it can be used on Lazada, Shopee and Amazon.

 

 

 

Because Wise themselves explained how to use it for online purchases in their Q and A.

 

I always use COD with Lazada and others.

 

 

 

 

[KannikaP]

26 minutes ago, Scouse123 said:

It would not be going through your Thai bank account or a card linked to it, you would purely be using an ATM.

Would it then not be going through the banking system of whoever's ATM machine you use?

 

Would whoever put the SAD emoji on this post please explain their sadness. Thanks.

[Celsius]

31 minutes ago, KannikaP said:

By WISE or by someone to whom it was sent in your own country?

 

By wise.

 

I think I registered my address in Canada, but I never needed any proof of address. They sent the card to Bangkok.

 

 

[Scouse123]

8 minutes ago, KannikaP said:

Would it then not be going through the banking system of whoever's ATM machine you use?

 

I am stating what I read and that was the use of things such as withdrawing on home country cards, including Wise cards, they are not linked to expat Thai bank accounts. Such transactions, which are cash, would not be picked up on.

 

It would be just like a tourist withdrawing money on a card from the UK in Thailand.

 

Too many making too much of a big deal about small things like this.

 

 

 

 

[Scouse123]

7 minutes ago, KannikaP said:

Would it then not be going through the banking system of whoever's ATM machine you use?

 

Of course, it would go through the bank of whoever owned the ATM, that's why they charge a fee.

[RocketDog]

17 hours ago, LespaulAN said:

Strange for your case. I use WISE for shopee online no problem.  I have physical card and on my apple wallet. I use WISE just like any other credit/debit card. 

I opened Wise in America and have the physical card.

You say I can use on Shopee online. Have you used it with lazada?

Thanks

[Upnotover]

1 minute ago, RocketDog said:

I opened Wise in America and have the physical card.

You say I can use on Shopee online. Have you used it with lazada?

Thanks

I use my Wise "virtual" card for anything online, including Lazada.  It's preferable as if somehow compromised it is easy to create a new virtual card rather than the hassle of getting a new physical one.  I have 2 physical cards which I use when essential, hotels, etc.  My cards all stay "frozen" until actually needed.

[Dirk Z]

19 hours ago, scubascuba3 said:

Does that require you to have a THB balance at Wise and then do the transfer? or other way?

Wise takes from your wallet whatever currency is available and best deal.

[LespaulAN]

1 hour ago, RocketDog said:

I opened Wise in America and have the physical card.

You say I can use on Shopee online. Have you used it with lazada?

Thanks

I did not use it with lazada due to reason nothing to do with WISE. Lazada wouldn't allow me to have an account because the Thai mobile number that I have is previously registered with another user and Lazada wouldn't want to do anything about as far as I know. 

[scubascuba3]

4 hours ago, Upnotover said:

7-11 it works fine.  Supermarkets and most shops in malls.  Only issue is a relatively low limit for a "tap" payment - I think it's THB 1500.

7-11 is 200 baht but i never spend that much

[chilly07]

23 hours ago, scottiejohn said:

That is how I received my physical wise card!

I use a UK Mail forwarding company for all my UK Finances etc!!

Wise will DHL your card to you but it's expensive 40+gbp

[chilly07]

On 12/3/2024 at 3:05 PM, scubascuba3 said:

One way to avoid bringing money into Thailand and any subsequent tax is to use alternative methods to pay for things, i can use my UK Mastercard for online purchases but how do you use Wise to pay for Thai things?

Won't avoid tax as if tax resident IE 180days+ the new rules cover all financial transactions both in Thailand and elsewhere. Financial institutions have to declare internationally including Thailand. 

That said I'm not sure Thailands revenue dept can cope with so many expats. Only K bank has sent forms. Can't see all the others doing same. Like other countries income tax depends on deduction at source or self declaration and with tax credits available for the 57 dual tax agreements little increased revenue will be generated 

[scottiejohn]

1 hour ago, chilly07 said:

Wise will DHL your card to you but it's expensive 40+gbp

That is why I use a Mail forwarding Company as I said above!

[Jaggg88]

On 12/3/2024 at 3:30 PM, scubascuba3 said:

You can get a virtual card apparently, i was just checking their website. Not much use in google wallet/phone as not widely used in Thailand

Paying with Google Wallet/Apple Pay/ Samsung Pay is available more than people think. It is just a RFID payment the same as actually using a card. You can use it anywhere they have a machine for touch card payments (Usually called contactless payment). 711, Big C, Lotus's, Fuel Stations, Starbucks, Tops etc. The only problem is the staff invariably do not know how to do it. So what I do is wave my BB debit card but don't let them take it and as I go to touch the machine with the card I use my phone instead. They often say I haven't paid yet but when they look at the till the transaction has gone through. Transactions over 1500 baht require your PIN. One place did ask me to put my card in before it would let me enter the PIN - I can't remember where now. It didn't matter to me as I had a physical Wise card but that could be awkward with a virtual card. There has been a guy on this forum who claims he got his Wise card sent to his Thai address. It could be something to do with where you declared being tax resident to Wise. My account is based at my UK address and I obtained the card when I was in the UK. It only allows 2 free ATM withdrawals a month so being able to load the card and make payments could become invaluable.

I can set up Google Wallet on my Samsung Galaxy Watch, so I will do that next and upset the girl at Starbucks 🤣

[9a9a]

I have a wise card and keep Thai baht and Uk pounds in my account. I pay for most things with wise now. I added my wise card to my wallet on my phone which has NFC and now just hold the phone to the checkout scanner to pay for whatever I am purchasing. Occasionally I have to put the card in and add my pin. I always pay in Thai baht and avoid transaction fees.

[Nemises]

52 minutes ago, 9a9a said:

 I always pay in Thai baht and avoid transaction fees.

... you already paid a fee to Wise when converting your currency to THB

[Nemises]

On 12/4/2024 at 12:18 PM, topt said:

Are you serious or taking the proverbial?

If in doubt I would suggest you read any of the tax threads in this same forum.

Other tax threads? Do you mean the scaremongering threads by expat Tax Agents trying to make a quick buck about a tax that's never going to happen?

[scubascuba3]

2 hours ago, Nemises said:

... you already paid a fee to Wise when converting your currency to THB

the advantage of keeping at THB balance at Wise is once the initial fee is paid, same as a transfer to thai bank account, using the card or transferring small THB amounts to thai banks should be free, anyone know otherwise?

[scubascuba3]

3 hours ago, 9a9a said:

I have a wise card and keep Thai baht and Uk pounds in my account. I pay for most things with wise now. I added my wise card to my wallet on my phone which has NFC and now just hold the phone to the checkout scanner to pay for whatever I am purchasing. Occasionally I have to put the card in and add my pin. I always pay in Thai baht and avoid transaction fees.

So once you have a THB balance, using the Wise card or THB transfers are free? probably works out cheaper than Wise card transactions using GBP and converting each time?

[KannikaP]

2 hours ago, Nemises said:

... you already paid a fee to Wise when converting your currency to THB

Just paid GBP 4.64 to convert 805 to THB. Not worth worrying about.

[Seeall]

On 12/3/2024 at 3:29 PM, scubascuba3 said:

Does that require you to have a THB balance at Wise and then do the transfer? or other way?

I often tell people that wise has to worst support to the extent it's ridiculous of course a strange say I've never had a problem but of course you never have a problem until you want to do something support is ridiculous they just monkey see monkey do they have a list and I just tell you what's in the FAQ they don't think or go out of the way to help you at all 

In your case the answer is quite simple you don't need to hold anything at all you have a account in Thailand you want to pay into the vendors or whoever the hell you want a new transfer money from your home country from your bank it goes through the y system to the recipient simple as that as for where it goes or where it gets held who cares and you won't find that anyway and the rights are good everybody's happy and fast easy no card needed

[scubascuba3]

48 minutes ago, Seeall said:

I often tell people that wise has to worst support to the extent it's ridiculous of course a strange say I've never had a problem but of course you never have a problem until you want to do something support is ridiculous they just monkey see monkey do they have a list and I just tell you what's in the FAQ they don't think or go out of the way to help you at all 

In your case the answer is quite simple you don't need to hold anything at all you have a account in Thailand you want to pay into the vendors or whoever the hell you want a new transfer money from your home country from your bank it goes through the y system to the recipient simple as that as for where it goes or where it gets held who cares and you won't find that anyway and the rights are good everybody's happy and fast easy no card needed

If you do a GBP to THB transfer there will be a minimum fee each time so not worth doing for small transfers

[scubascuba3]

Ask Gemini seems to be better than aseannow for getting certain answers