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":114,"title":"Paysend and Currencycloud Enter into a Significant Global Expansion Agreement","date":"2024-04-02","video_url":null,"description":"
Paysend, a UK-based FinTech company, and Currencycloud have announced a substantial expansion of their long standing partnership, indicating Paysend\'s intention to extend its services globally.<\/p>
Under this agreement, Currencycloud will enhance Paysend\'s skills in foreign exchange \(FX\) and financial operations, establishing Paysend as a major player in global money transfers across the US, EMEA, and Asia-Pacific regions.<\/p>
The deal also means that Paysend customers now have access to multi-currency wallets, enabling users to store up to 34 currencies in one app. Customers will also gain access to payments via the Swift network, adding further capabilities to Paysend\'s extensive global coverage.<\/p>
Currencycloud will additionally offer assistance to Paysend for the introduction of fresh consumer-focused offerings and solutions slated for debut in late 2024.<\/p>
Paysend also significantly expands its money transfer offering in the UK, EU, Canada, and the US, leveraging Currencycloud\'s expertise in working with innovative firms specializing in digital money transfers, offering cheaper, fairer, and more transparent services than traditional providers. Customers in these regions will be able to send money transfers to more than 180 countries worldwide through Swift and local payment networks.<\/p>","description2":"
About Paysend<\/h2>
Paysend emerges as a trailblazing innovator in the realm of global financial transactions, presenting an avant-garde platform that empowers individuals and businesses alike to effortlessly send money worldwide, regardless of currency or method. Originating in April 2017, Paysend has its roots in the UK but has rapidly expanded its influence across the globe, dedicated to revolutionizing the landscape of international money transfers. Since its inception, Paysend has remained steadfast in its mission to streamline the process of financial transactions on a global scale.<\/p>
Paysend\'s platform fosters seamless interoperability across various networks worldwide, encompassing major players such as Mastercard, Visa, China UnionPay, and a diverse array of local payment schemes. With a diverse array of over 40 payment methods tailored to suit the needs of online SMEs, Paysend ensures accessibility and adaptability for businesses of all calibers.<\/p>
All ArticlesPaysend Expands Bank Account Transfer Capabilities to Latin America
Paysend Expands Bank Account Transfer Capabilities to Latin America
2023-04-04
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Expanding its roster for receiving countries, Paysend offers more options for U.S. customers to send funds to Latin American recipients quickly, securely and for a low fee
MIAMI – APRIL 4, 2023, – Paysend, the card-to-card pioneer and international payments platform, is solidifying its money transfer services to Latin America by enabling U.S. customers to send money to Latin America quickly, securely and for a low fee through transfers to bank accounts. Since launching transfers to bank accounts in the Dominican Republic, Haiti, Jamaica and Mexico in 2022, U.S. customers will now be able to transfer money to friends and loved ones bank accounts in Bolivia, Colombia, Peru, Uruguay, Brazil, Chile and Argentina.
Empowering the Unbanked Communities in Latin America
Today, 70% of LatAm's population remains unbanked or underbanked. With a mission to improve financial inclusion across the globe and support migrants looking to send money back home, Paysend has stepped in to offer low fee, fast and secure transfers for the community as current economic pressures have made it more difficult to send funds.
This expanded offering comes on the heels of Paysend launching its Paysend Libre solution powered by Mastercard Send technology last year. With Paysend Libre, unbanked recipients located in Northern Central America (i.e., Guatemala, Honduras, El Salvador) can receive and utilize funds from the U.S. instantly through digital card.
As a global end-to-end payment platform, Paysend has a strong global payments network that includes partnerships with the major international card networks, including Visa, Mastercard and China Union Pay.
To start transferring funds or to learn more about Paysend’s mission to promote financial inclusion for all, visit https://paysend.com.
ABOUT PAYSEND
Paysend is a next-generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.
Paysend can send money to over 100 countries worldwide. As a global end-to-end payment platform, Paysend has its own global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal member and certified processor.
Jairo Riveros, Head of the Office of Strategy Management at Paysend.
“At Paysend, we understand that remittances play an important role for our customers in supporting their loved ones. Given the current macroeconomic conditions, transferring funds play an even more important role, because it’s being used to cover necessities like food and housing. By offering card-to-card, card-to-bank or card-to-digital wallet transfers, we’re making it easier, and more affordable, for our U.S. customers to send money back home when their loved ones need it the most.”