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 ArticlesEnd the Fee Fiasco with Paysend International Money Transfers
End the Fee Fiasco with Paysend International Money Transfers
2021-02-23
All articles
Press release
People around the world are continuing to adjust to a new normal this year and recoup from hardships experienced in 2020. As we move forward and look to a more prosperous future, we all need to join forces as a community and lend support to those around us.
If you’re an immigrant, expat or traveler currently residing in the US, you can still lend a hand to friends and family in your home country through digital money transfers. When doing your part to support loved ones abroad, it’s important to consider your options so that your recipient is able to get the most out of your money transfers.
High Transfer Fees Persist in 2021
One thing to be on the lookout for while exploring your options are hidden fees often associated with traditional money transfer methods. In fact, on average, money transfer fees account for 7% of the total amount of money sent. That means if you send $100, your recipient only receives $93.
While that percentage may not seem like a lot at first – these fees may add up depending on how often you transfer money. For instance, a recent study estimated that consumers spend nearly $25 billion per year in transfer fees alone.
And with the impact of the pandemic, fees may increase. For example, from the start of 2020 to the second half of the year, the average cost of money transfers in Japan jumped from 9% to 10%. But marked by convenience, many consumers have reported their intent to use digital and contactless money transfer services post-COVID.
Reduce Fees with Paysend’s International Money Transfer App
Paysend continues to expand efforts to offer support for the millions of immigrants, expats and foreign exchange students living internationally. We’ve made it our mission to provide fast and affordable options for people to send money abroad to loved ones.
That’s why, unlike other transfer methods that charge a percentage of the money transferred, we charge a flat fee of just $2. Additionally, money transfers sent through Paysend arrive to your recipient in close to real-time. The only thing that may slow us down is your recipient’s bank processing time.
It’s time to end the fee fiasco many consumers may experience when transferring money internationally. Click here to use our price calculator to see how much money your recipient will receive when sending money abroad with Paysend.