Read the latest Paysend articles","text":"Stay up-to-date with the latest news, insights and more.","isMobileBtn":null,"note":null,"img":null,"color":{"id":204,"bgColor":null,"titleGradient":"aubergine01","titleColor":null,"whiteText":null},"btn":null,"btn_mobile":null,"bgImg":null,"btnDemo":null,"extra_button":null},"tiles_section":[{"id":520,"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":878,"bgColor":"aubergine01","titleGradient":null,"titleColor":null,"whiteText":null}},{"id":521,"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":879,"bgColor":"aubergine03","titleGradient":null,"titleColor":null,"whiteText":null}}],"seo":{"id":190,"metaTitle":"Paysend Blog: Stay Ahead with Paysend\'s Latest Insights!","metaDescription":"Dive into the future with Paysend\'s blog, exploring cutting-edge ideas and trends shaping the world of payments and finance. Stay updated and informed.","ShareImage":null}},"articles":{"data":[{"id":298,"title":"Paysend Giveaway! Claim 2 fee-free transfers, today","date":"2025-01-10","video_url":"https:\/\/www.youtube.com\/embed\/K3mcSiDbUlw","description":"
We’ve hit an incredible milestone - 10 million customers worldwide - and it’s all thanks to you! Every international money transfer tells a story of love, connection and support, and we’re so proud to be part of your journey.<\/p>
To mark this special occasion, we’re giving something back. Enjoy 2 fee-free transfers, when you enter promo code 10MFAMILY<\/strong> at checkout.<\/p>
Why this milestone matters<\/h2>
From the UK to Nigeria, the US to India, Paysend has connected millions of people with their loved ones, in over 170 countries. Each transfer represents more than money - it’s a lifeline, a gesture of care and a way to stay close across borders.<\/p>
Reaching 10 million customers shows the trust you’ve placed in us, and that’s why we want to celebrate this milestone by making your next transfers fee-free.<\/p>
How to use your 2 fee-free transfers, each time:<\/h2>
Log in to your app<\/li>
Select your destination country<\/li>
Enter your recipient’s details<\/li>
Input transfer amount \(no minimum required\)<\/li>
Select Add a code<\/li>
Enter promo code 10MFAMILY <\/strong><\/li>
Choose your payment method<\/li>
Confirm the amount and send. Your money will be on its way!<\/li><\/ol>
Important bits:<\/p>
Promo code expires February 17th 2025<\/li>
No minimum sending amount - send as much or as little as you like!<\/li>
Open to everyone - whether you’re new to Paysend or a long-time customer.<\/li><\/ul>
This offer is valid from now until 17th February 2025, so don’t miss your chance to celebrate with us. Use this opportunity to send money to any of the 170+ countries we serve, knowing that more of your money will go to the people who matter most.<\/p>
All ArticlesEnd the Fee Fiasco with Paysend International Money Transfers
End the Fee Fiasco with Paysend International Money Transfers
2021-02-23
All articles
People around the world are continuing to adjust to a new normal this year and recoup from hardships experienced in 2020. As we move forward and look to a more prosperous future, we all need to join forces as a community and lend support to those around us.
If you’re an immigrant, expat or traveler currently residing in the US, you can still lend a hand to friends and family in your home country through digital money transfers. When doing your part to support loved ones abroad, it’s important to consider your options so that your recipient is able to get the most out of your money transfers.
High Transfer Fees Persist in 2021
One thing to be on the lookout for while exploring your options are hidden fees often associated with traditional money transfer methods. In fact, on average, money transfer fees account for 7% of the total amount of money sent. That means if you send $100, your recipient only receives $93.
While that percentage may not seem like a lot at first – these fees may add up depending on how often you transfer money. For instance, a recent study estimated that consumers spend nearly $25 billion per year in transfer fees alone.
And with the impact of the pandemic, fees may increase. For example, from the start of 2020 to the second half of the year, the average cost of money transfers in Japan jumped from 9% to 10%. But marked by convenience, many consumers have reported their intent to use digital and contactless money transfer services post-COVID.
Reduce Fees with Paysend’s International Money Transfer App
Paysend continues to expand efforts to offer support for the millions of immigrants, expats and foreign exchange students living internationally. We’ve made it our mission to provide fast and affordable options for people to send money abroad to loved ones.
That’s why, unlike other transfer methods that charge a percentage of the money transferred, we charge a flat fee of just $2. Additionally, money transfers sent through Paysend arrive to your recipient in close to real-time. The only thing that may slow us down is your recipient’s bank processing time.
It’s time to end the fee fiasco many consumers may experience when transferring money internationally. Click here to use our price calculator to see how much money your recipient will receive when sending money abroad with Paysend.