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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Not long ago, sending money abroad meant standing in line, filling out forms, and hoping your recipient could collect the cash before the office closed. For decades, this may have been the reality of traditional money transfers: long waits, limited hours, and high fees.
Today, digital-first services like Paysend may have changed that story completely. Money now moves in real-time*, anytime and around the world. This evolution isn’t just about technology; it’s about breaking barriers and addressing the main pain points in cross-border money transfer.
*We’ll send your money in real-time, but it could take up to 3 business days depending on your recipient’s bank processing time.
Sending money to another person’s bank account, whether domestically or internationally online, is something many of us do regularly – whether it’s supporting family, paying shared expenses, reimbursing a friend, or covering rent.
But the phrase “bank transfer” can mean different things depending on how the money is actually sent. Today, funds can reach someone’s bank account through several different payment systems, including traditional bank wires, card-funded transfers, and modern digital payout networks.
