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 Unveils Partnership with Western Union to Enhance Global Money Transfer Solutions
Paysend Unveils Partnership with Western Union to Enhance Global Money Transfer Solutions
2023-10-22
All articles
Events
Paysend
Paysend, a UK-based FinTech company, and Western Union Join Forces to Revolutionize Global Money Transfers and have forged a groundbreaking alliance to redefine the way money moves across borders. By integrating cutting-edge digital platform, consumers gain enhanced capabilities to send funds directly to Visa and Mastercard debit cards.
This collaboration marks the dawn of a new era, promising unparalleled convenience, reliability, and accessibility for individuals and businesses navigating cross-border transactions worldwide.
In 2022, the World Bank highlighted a notable 5% surge in remittances, surpassing the $800 billion mark, which played a crucial role in supporting communities and fueling economic expansion. Paysend's unified API solution guarantees smooth handling of Western Union customer payments directly to Visa and Mastercard debit cards, facilitating rapid payouts at real-time foreign exchange rates.
The two entities have initiated a pilot program allowing money transfers from the United States and the United Kingdom to Pakistan, the United Kingdom, and Spain. There are intentions to incorporate more countries into the program in the coming times.
Abdul Abdulkerimov, Executive Chairman and Co-Founder of Paysend
"At Paysend, our goal is to simplify money transfers for everyone. We are eager to join forces with Western Union, a globally recognized entity renowned for its expansive reach and commitment to financial accessibility. Together, we will empower millions by providing accessible cross-border money transfer services."
Sheryl McKenzie, Chief Product Officer at Western Union
"Western Union and Paysend both maintain a steadfast dedication to prioritizing our customers, ensuring an outstanding experience when sending money to loved ones. This partnership offers our customers additional choices, convenience, and access to cost-effective financial services, ultimately enhancing the lives of many around the globe."
About Paysend
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.
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.
Western Union stands as a stalwart pillar in the domain of global money transfer services, offering a comprehensive array of solutions that facilitate seamless financial transactions across borders. With a legacy spanning more than a century, Western Union has cemented its position as a trusted name in the industry, renowned for its reliability, security, and accessibility. With a presence in over 200 countries and territories, Western Union ensures that individuals and businesses have access to reliable financial services wherever they may be.
With its commitment to customer satisfaction and financial inclusion, Western Union has earned the trust and loyalty of millions of customers around the globe. Serving as a lifeline for families, businesses, and communities, Western Union plays a pivotal role in facilitating economic growth and prosperity worldwide.