How to make your first transfer with Paysend: step-by-step guide for new users

2024-11-12
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How to make your first transfer with Paysend: step-by-step guide for new users

If you’re new to Paysend and looking for a quick, secure, and budget-friendly way to send money internationally, you’re in the right place. With Paysend’s network of over 170 countries, transferring money has never been easier or more cost-effective. Let’s walk through how to use the Paysend app and make your first transfer, step by step.

Step 1: Select your destination country

Once your account is set up, the next step is to choose the country where you want to send money. Paysend makes it super simple - you can transfer funds to over 170 countries globally, including popular destinations like Mexico, India, the Philippines, Nigeria and more.

After you’ve selected the destination, Paysend will show you the available transfer options based on the country’s local banking and financial system. These options may include:

  • Bank Account: This is one of the most reliable ways to send money internationally directly to a bank account.
  • Card Transfers: A unique feature of Paysend that lets you send money straight to a bank card. 
  • Mobile Wallets: For added convenience, some countries support transfers to mobile wallets.
  • Cash Pickup: For even more flexibility, Paysend offers cash pickup options in certain countries, so your recipient can collect the money in person or even have it delivered to their home.
  • SEPA Transfers: Available across the EU and UK, SEPA transfer is a simple, efficient and inexpensive way to send and receive payments in Euros across the participating European countries. 

Step 2: Add recipient details

Now, it’s time to add your recipient’s details. This will depend on the transfer method you’ve chosen:

  • Bank Account: You’ll need the recipient’s bank details - account number and possibly the SWIFT/BIC code.
  • Card Transfers: Just enter the recipient’s card number.
  • Mobile Wallets: For wallet transfers, provide the wallet number

Once you’ve entered the information, Paysend saves it securely for future transfers, making it easier to send money next time.

Step 3: Enter the transfer amount

Next, simply enter how much you want to send. Paysend will show you the exact exchange rate and the total cost of the transfer, so there are no surprises. One of Paysend’s strengths is its transparency - you’ll always know exactly how much you’ll send and how much the recipient will receive before you hit the send button. No hidden fees, no guessing.

Step 4: Review and confirm your transfer

Before you finalise the transfer, Paysend will give you a summary of all the details: recipient information, the amount you’re sending, the exchange rate, and the delivery method. If everything looks good, hit ‘Confirm & Send’ to start the transfer.

Step 5: Track your transfer

After completing your transfer, Paysend gives you a confirmation and a tracking feature, so you can follow your transfer’s journey. This way, you can be sure your money reaches your recipient quickly and securely.
If you’ve ever wondered, "What’s the best app for international money transfers?", Paysend stands out for its speed and security. While most transfers are completed in minutes, delivery times can vary depending on the destination and transfer method.

Not downloaded the app yet?

To get started with Paysend, you’ll need to create an account. Here’s how:

  1. Sign up via the Paysend website or download the app on the App Store (iOS), Google Play (Android) or App Gallery (Huawei).  
  2. Enter your phone number - you’ll receive a verification code via SMS to confirm your identity.
  3. Provide basic personal information - your full name, date of birth, email address and residence address. This is part of our compliance with anti-money laundering (AML) regulations.

Once you’re set up, you’ll be asked to set a password - it’ll be four digits on mobile. Make sure it’s something you can remember easily.

Download the app

Additional benefits for new users

Paysend offers some great perks for new users. The app is easy to use, and first-time customers may qualify for reduced fees or bonus offers based on your location. Keep an eye out for these during registration!

Why choose Paysend?

Paysend is all about ease of use, speed and transparency. Whether you’re sending money to support family, pay bills or manage expenses abroad, Paysend makes sure the process is smooth and affordable. Want to know more about the benefits of Paysend? [Read here].

Making your first transfer is easy, secure and budget-friendly. Whether you’re sending money to a bank account, card or mobile wallet, Paysend ensures your transfer reaches your loved ones with no hidden fees. Sign up today and see how simple it is!

Download the app
 

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