We promise to come back to you as soon as possible.","isMobileBtn":null,"note":null,"img":null,"color":{"id":205,"bgColor":null,"titleGradient":"aubergine01","titleColor":null,"whiteText":null},"btn":{"id":303,"title":"Contact the Paysend PR team","isModal":null,"btn_modal":null,"url":"mailto:jairo_riveros@paysend.com"},"btn_mobile":null,"bgImg":null,"btnDemo":null,"extra_button":null},"tiles_section":[{"id":522,"title":"About","subtitle":"We’re a global FinTech company on a mission to change how money is moved around the world.","variant":"colored","size":null,"imgTop":null,"fullwidth":null,"btn_title":null,"url":"\/about-us","add_country_lang_inside_link":null,"enabled":null,"img":null,"color":{"id":880,"bgColor":"aubergine01","titleGradient":null,"titleColor":null,"whiteText":null}},{"id":523,"title":"Culture","subtitle":"Discover your potential, own your growth, shape your future.","variant":"colored","size":null,"imgTop":null,"fullwidth":null,"btn_title":null,"url":"\/culture","add_country_lang_inside_link":true,"enabled":null,"img":null,"color":{"id":881,"bgColor":"aubergine03","titleGradient":null,"titleColor":null,"whiteText":null}}],"seo":{"id":191,"metaTitle":"Paysend News: Stay Informed with the Latest Updates","metaDescription":"Get the latest Paysend news: updates on services, partnerships, and innovations. For media inquiries and more, reach out to us. Stay informed!","ShareImage":null}},"articles":{"data":[{"id":120,"title":"10 million customers: A celebration of connection","date":"2025-01-10","video_url":"https:\/\/www.youtube.com\/embed\/K3mcSiDbUlw","description":"
At Paysend, every transfer tells a story - a story of love, support and connection that crosses borders and brings people closer together. Today, we’re thrilled to share an extraordinary milestone with you: 10 million customers worldwide.<\/p>
This achievement isn’t just about numbers; it’s about the trust and loyalty you’ve shown us over the past 7 years. Together, we’ve created 10 million stories that transcend borders, helping families, friends and communities stay connected.<\/p>
A global journey<\/h2>
Since our launch in 2017, Paysend has grown from a visionary startup to a trusted name in cross-border money transfers. Our service now connects people across 190 countries, offering fast, secure and affordable transfers through our innovative app. With over 15 million downloads and an 85% ‘excellent’ rating on Trustpilot, we’re proud to be a part of your journey.<\/p>
From sending love to family members to supporting friends in need, every transfer matters. That’s why we’ve worked hard to ensure low, fixed fees, competitive exchange rates and top-tier security for all our users.<\/p>
Celebrating with you: Our gift to mark 10 million<\/h2>
To celebrate this milestone, we want to say thank you with a special gift: 2 fee-free transfers! Whether you’re sending money to loved ones or helping someone in need, this is our way of making your experience even better.<\/p>
Here’s how to claim your fee-free transfers:<\/p>
Enter promo code*<\/i> 10MFAMILY<\/strong> at checkout on your next two transfers.<\/li>
No minimum sending amount required.<\/li>
Available for all transfers to over 170 countries.<\/li><\/ul>
All ArticlesHow Paysend is already meeting worldwide remittance affordability goals
How Paysend is already meeting worldwide remittance affordability goals
2022-04-04
All articles
Press release
Over the past few years, digital remittances served as a lifeline to stay financially connected with loved ones living abroad during the COVID-19 pandemic. Now, despite moving into an era where people are more likely to travel and get together with friends and family, remittances are still expected to rise.
Digital transfer options are continuing to grow in popularity as they offer a convenient way to send money to loved ones living internationally. In fact, the remittance market is expected to grow nearly 5% this year.
In addition to convenience, cost is also a factor that people often consider when choosing between different services. So, why has the price of sending a remittance risen and what can be done to mitigate cost for you and your loved ones?
Remittances are growing, but cost and fees don’t have to
The global average cost of a remittance in recent years was a shocking 6.5%. Despite many digital remittance companies touting low transaction prices, people are still subject to spending more on money transfer costs due to hidden fees. Historically, there has been a lack of cost transparency within our industry that has resulted in people paying high fees for remittances.
There are several factors that hike up remittance prices – exchange rates that fluctuate, transfer fees, receival fees and more. These charges, often not accounted for at the beginning of a transfer setup, have caused billions of people to spend more money to make international transfers and payments than initially intended.
That’s why the United Nations set a worldwide mobility goal to make digital money transfers fees less than 3% by 2030. Experts believe that with greater price transparency throughout the entire transfer process, we can achieve lower remittances costs globally.
Paysend promises to make money transfers affordable for all
Here at Paysend, we understand the needs of our customers and aim to make digital money transfers accessible (and affordable) for all. Despite having several years left, we’ve already pushed to achieve the UN’s goal as we charge a flat $2 per transfer with no hidden fees.
“Paysend helped me and my family a lot by offering a low transfer fee and great service - very simple and convenient,” said a customer that transfers money to Uzbekistan.
Looking for a way to send money abroad without the confusion of hidden fees and unnecessary upcharges? Download the Paysend Global Transfers app* from the App Store or Google Play today.