Paysend Partners with Mastercard Send to Extend International and Domestic Money Transfers
As the focus on digital transformation continues across industries, consumers are leading the charge and making their preferences known. One way they’ve done so is by migrating more and more to convenient options that blend into their busy lives.
It is our goal to make international digital money transfers as quick and easy as possible for our customers. That’s why we’ve partnered with Mastercard SendTM to better expand our service offerings.
Using Paysend with Mastercard Send for International Money Transfers
Through this integration, US customers can send funds directly to eligible Mastercard cards internationally including to Mexico, Guatemala, Dominican Republic, Honduras, El Salvador and Columbia. What’s more, this partnership also allows US customers to transfer money to loved ones domestically to US Mastercard cardholders.
How does this work? Using the Paysend app*, American customers can transfer money to a friend or family member and the funds arrive straight to the recipient’s debit card account in near real-time.† That means they can use it almost immediately after you hit send. This helps eliminate the process of long transfer times and moving money from the Paysend app to an account.
We’re excited that we can expand our platform and offer the convenience that consumers and our customers deserve.
Want to take advantage of our convenient, affordable and secure transfer options? Get started today!
*Standard data rates from your wireless service provide may apply.
†Transaction approvals depend on the applicable payment network and receiving financial network. Actual posting times depend on the receiving financial institution.
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Paysend, the global fintech innovator, proudly marks its 8th anniversary celebrating nearly a decade of bold innovation, strategic partnerships, and customer-driven growth.
Founded in the UK in 2017, Paysend has evolved from a cross-border money transfer startup into a leading global fintech company with a clear mission: to simplify money transfer for all by building the world’s largest open, instant digital payments network. Today, Paysend generates over $100 million in annual revenue and serves over 11 million consumers alongside a growing base of enterprise clients—including global leaders in the money movement and high-growth platforms payroll space.
We’ve been working on a new way for businesses to receive and move funds between their corporate accounts globally and in real-time. We know that moving funds cross-border between corporate accounts can take days to settle and can be expensive which leads to your funds being trapped in pre-funding accounts or cross-border payment processing cycles.