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Picture this: you're in the midst of a bustling world, and the need to send money swiftly to your loved ones is more crucial than ever. Paysend makes this process easy, fast and convenient, allowing you to send money directly to a debit card with just a few clicks.
Sending money to family and friends around the world has become a normal part of life, making it now more important than ever to have a coinvent and reliable way to support your loved ones no matter how far they are.
Paysend, the card-to-card pioneer and international payments platform, today announces the appointment of Jairo Riveros, as managing director of the United States and Latin America, effective 01 January, 2022.
Paysend has had an active presence in the United States since September 2020 and helps American residents securely send funds to over 100 countries in close to real-time - without visiting a physical bank location.
According to Merriam Webster, “remittance” is defined as a transmittal of money to a distant place like another country. This transmission of money may be done through traditional money management methods such as a bank or through modern solutions like a digital money transfer platform.
As we continue into the new year, the remittance market is expected to expand despite a slight decrease in the amount transferred due to the COVID-19 pandemic. In fact, in 2022, experts project remittances to grow at nearly 5%.