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International Women’s Day is more than just a celebration – it’s a moment to reflect on the resilience, achievements and ongoing challenges faced by women worldwide. From boardrooms to classrooms, women are shaping the future, breaking barriers and creating opportunities for the next generation.<\/p>
But progress doesn’t happen in just one day. Women continue to drive change every single day – whether leading businesses, educating communities or supporting loved ones from across the globe.<\/p>
Women leading change<\/h2>
Across industries, women are stepping into leadership roles and making their voices heard. Today, 29% of senior management positions worldwide are held by women, and that number continues to grow. From pioneering CEOs to heads of state, women are reshaping economies, influencing policies and driving innovation.<\/p>
Yet, many fields remain male-dominated – particularly in STEM \(Science, Technology, Engineering, and Mathematics\). Globally, women make up just 28% of the STEM workforce, but that is changing. Initiatives encouraging girls to pursue careers in tech and science are helping to bridge the gap, ensuring that the next generation of women has the tools to lead in the digital economy.<\/p>
In entrepreneurship, women are also making waves. The number of female business owners has surged in recent years, contributing to economic growth and job creation. Despite facing challenges such as limited access to funding, women-owned businesses are proving to be powerful forces of innovation and community development.<\/p>
Empowering women through education<\/h2>
Education remains one of the most powerful tools for women’s empowerment. However, 130 million girls around the world are still out of school. The impact of education on women’s lives is immense – every additional year of schooling can increase a woman’s income by 10–20%, while also improving healthcare outcomes, reducing child marriage rates and boosting economic development.<\/p>
In many regions, grassroots organisations and global initiatives are working tirelessly to close this gap. Programs that provide scholarships, mentorship and career training are giving more women the chance to achieve financial independence and create brighter futures for themselves and their families.<\/p>
Women and global migration: supporting families across borders Women make up nearly 50% of international migrants worldwide. Whether moving for better job opportunities, education or to provide for their families, female migrants play a crucial role in global economies.<\/p>
One of the most significant ways women support their loved ones is through remittances – sending money home to help fund education, healthcare and daily essentials. In some countries, women are responsible for sending a higher percentage of their income back home compared to men, ensuring the well-being of their families despite being miles apart.<\/p>
For these women, financial security and reliable money transfer services are essential. Fast, affordable and secure transfers mean they can continue to provide for their families without worrying about high fees or delays.<\/p>
Todos los artículosPaysend expands reach of cross border money transfers for customers with visa direct
Paysend expands reach of cross border money transfers for customers with visa direct
2022-02-03
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Paysend’s U.S. and UK customers are now able to transfer money internationally and domestically to eligible Visa cards
MIAMI – 03FEBRUARY 2022 – Paysend, the card-to-card pioneer and international payments platform, today announces the company is expanding its peer-to-peer money transfer services globally. Through the implementation of Visa Direct[1], a real-time[2] push payment platform, Paysend’s U.S. customers will be able to send funds to eligible Visa cards in 107 countries and territories, while UK customers will be able to send funds to eligible Visa cards in up to 114 countries and territories globally.
The integration with Visa Direct follows a period of rapid growth that saw Paysend reach the milestone of five million customers in November last year. Founded less than five years ago, with 14,498 per cent growth over the past four years[3], Paysend is one of the world’s fastest growing FinTechs.
Alex Bessonov, Group Head of Network Development and Strategic Partnerships at Paysend, said: “Transferring money across borders can be met with various challenges, including speed, security and convenience. With Visa Direct, our U.S. and UK customers will now have more options to send money to loved ones globally, directly to eligible Visa cards. We expect an exponential number of new transactions due to this collaboration as Paysend customers send everything from tuition fees to financial gifts to medical bill reimbursements to their family and friends abroad.”
Paysend launched in the U.S. in September 2020, and the company experienced rapid growth as American residents, adopted the platform during the COVID-19 pandemic to securely transfer funds to international accounts in minutes - without visiting a physical location
Jairo Riveros, Managing Director of the United States and Latin America at Paysend, said: “At the onset of the pandemic, many around the world struggled to pay bills, make a steady income, stay connected with loved ones and more. I’m proud to be part of a company that takes chances and has the goal of connecting people around the world through digital money transfers. I’m even more thrilled to know that Paysend is constantly working to do even more for its customers by working with companies like Visa.”
This integration will make money transfers and specifically digital money movement options more widely available and accessible.
Ruben Salazar, SVP, Global Head, Visa Direct, said: “From helping pay bills to sending emergency funds, migrant workers often use remittances to provide financial support to families in their home countries. Visa strives to help make a difference in people’s lives by innovating to remove friction from traditional and time-consuming money-movement processes. We are excited to help enable Paysend to give their U.S. and UK customers the benefits of quick, secure and digital capabilities of Visa Direct.”
To start sending money to loved ones’ eligible Visa cards, visit www.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 a 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 135 countries worldwide and has attracted more than five million consumers to its platform. 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.