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    All ArticlesPaysend partners with Damane Cash to enable transfers to Morocco

    Paysend partners with Damane Cash to enable transfers to Morocco

    2022-07-27
    Paysend
    Press release
    All articles

    LONDON – 28 JULY, 2022 – Paysend, the UK-based FinTech with over 7 million customers, today announces a partnership with Damane Cash, a payments institution and subsidiary of Bank of Africa, to enable money transfers to bank accounts in Morocco.

    With features such as low fixed fees, upfront exchange rates, faster transfer speeds and the ability to make instant, digital end-to-end international payments, this partnership will enable Paysend to transform how communities in Morocco manage money online globally.

    Alex Bessonov, Group Head of Network Development and Strategic Partnerships at Paysend, said:
    “This partnership between Damane Cash and Paysend will encourage users all over the globe to connect across borders and send money to support loved ones in Morocco. They will experience more affordable rates and quicker processing speeds when sending important remittances. Through Paysend’s easy-to-use app, automated phone number and text ID verification, users can benefit from a quick and simple onboarding process, allowing them to make transfers through the Paysend platform immediately.”

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