Paysend Launches Instant Global Transfers
Today, Paysend announced the launch of its new instant global transfer service, designed to be the fastest and simplest way to send and receive money across borders.
At the heart of this new service is real-time global peer-to-peer (P2P) payments, enabling money to move instantly between two people anywhere in the world — all they need is a smartphone.
Sending money takes just three steps:
- Get the Paysend app - or just use the website https://paysend.com
- Enter your friend or family member’s phone number. That’s it!
- Choose your amount and how you want to pay, then tap send
Recipients benefit immediately with:
- Instant notification – no need to register in advance, an SMS confirms the transfer
- Immediate access – money arrives instantly in local currency
- Flexible spending – withdraw to card, bank account or wallet, or spend directly using an instant virtual Mastercard (Apple Pay/Google Pay compatible)
For its first launch, Paysend chose Kyrgyzstan, where remittances account for around 30% of annual GDP, making it one of the world’s most remittance-driven economies. This rollout brings faster, more transparent and more flexible transfers to thousands of families who rely on cross-border payments.
Built on Paysend’s next-generation tech stack, the new receiving experience ensures speed, reliability, and scalability for future innovation, including AI-driven payment capabilities.
Following Kyrgyzstan, Paysend launched in Mexico and Colombia, and will continue to roll-out across LAC to bring its instant transfers to more recipients in more countries.
Paysend partners with Central Payments, the program manager for Paysend U.S. to enable backend payment processing capabilities and ensure regulatory compliance.
For more information, please contact: https://paysend.com.
About Paysend
Paysend is a financial technology business building the world's largest cross-border digital network. Paysend makes cross-border money movement faster, cheaper and more accessible for consumers and enterprises —anywhere, in any currency, and through any method. Founded in 2017 with the introduction of card-to-card transfers, we now offer a comprehensive suite of financial solutions that go beyond traditional money transfers.
With a global reach and offices in London, Belgrade, Dublin, and Miami, Paysend serves over 11 million customers in 170+ countries. Paysend provides access to over 25 billion endpoints to make cross-border payments simple and accessible for everyone. The platform supports seamless cross-network operability, connecting Mastercard, Visa, China UnionPay, local card schemes, Instant Payment Systems, wallets, smartphones and local ACH and payment systems worldwide. Regulated by the Financial Conduct Authority, Paysend ensures secure and dependable payment services, backed by 24/7 global customer support. For more information, visit www.paysend.com.
About Central Payments
Central Payments is a U.S.-based payments organization built by bankers to serve the unique needs of today’s financial services industry. We architect, build, and fully administer payment programs for a variety of use cases in card issuance, digital wallets, and money movement – serving banks and brands.
For more information, visit https://central-payments.com.
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Today, Paysend announced the launch of its new instant global transfer service, designed to be the fastest and simplest way to send and receive money across borders.
At the heart of this new service is real-time global peer-to-peer (P2P) payments, enabling money to move instantly between two people anywhere in the world — all they need is a smartphone.
You’re reading the first edition of the Paysend Enterprise Quarterly Newsletter — a new way to stay connected with the progress shaping our business. From client launches to product milestones, this quarter has been full of momentum. Here, we’ll highlight what’s been achieved and share a look at exciting plans ahead.
