What are SEPA transfers?
We understand that some of you have experienced challenges when attempting to fund money transfers using your bank cards.
In light of this, we’d like to introduce a reliable alternative:
Make payments via SEPA (Single Euro Payments Area)
Why choose SEPA?
Secure and Reliable
SEPA is a reliable payment option used in Europe.
Lower Decline Rates
Compared to card transactions, SEPA transfers experience lower decline rates.
Fast Transactions
SEPA is instant 75% of the time and is as quick as card payments.
Fee-Free
By choosing to fund your transfers via SEPA using Paysend, you can benefit from a money transfer free of charge.
How to use SEPA?
Follow these simple steps:
- Open your Paysend app or website and click How to pay your transfer. Select SEPA instant & regular transfer options.
- Set up a payment option through your internet or mobile banking.
- Deposit the exact amount you wish to send your recipient with the reference code into the Paysend EUR account. This amount will be the one transferred straight away.
- 75% of the time, transfers are successful within a few minutes.
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Let's kickstart the new year with an eye-opener: Did you know that El Salvador, with its forward-thinking approach, has become a hub for swift and hassle-free money transfers? Join us as we tell you more about a new way to send money with Paysend. Paysend, is a modern and efficient choice, emerging as a strong player in this ever-evolving remittance scenario. Traditional methods like bank wire transfer services and physical agent locations for cash pick up were the norm, but the rise of digital solutions has upended these traditional ways of money transfer.
In today's fast-paced world, sending money quickly and securely to loved ones is essential. Paysend makes this process easy, fast, and convenient, allowing you to send money directly to a debit card with just a few clicks.