Absolutely. Wisr is an Australian ASX listed company (ASX:WZR), with financial services licenses (ACL and AFSL) and obligations. We use biometric security, encrypted transmissions, HTTPS Everywhere and AES-256 encrypted storage, furthermore all our services are hosted on Australian servers.
Wisr App requires your bank information just once (per financial institution) so we can establish a secure connection with your financial institution. This enables Wisr App to calculate your daily round-ups, withdraw the weekly round-up value, and deposit the accrued round-ups into your nominated Debt Account.
Some large financial institutions have communicated to Wisr App customers that it is unsafe to share your own financial data with other service providers.
To calculate round-ups and direct debits, Wisr App uses the services provided by Yodlee, and EziDebit. Both of these technology platforms utilise bank-grade security protocols and compliance audit standards. In addition, Wisr staff do not have access to your internet banking passwords, and will never ask for your PIN.
We take your data security and privacy seriously, and so please do reach out if you have any questions or concerns – we’re here to help.
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