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>
Sending money abroad can be frustrating. After working hard earning money to send home to your friends and family, the last thing you want is high fees and poor exchange rates when you make the transfer.
Choosing the right money transfer method will save you lots of time and money, so you should do your research beforehand to make sure you find the solution that works best for you!
Here are the main methods for sending money internationally:
Wire transfer
This involves going into a physical location - normally either a bank, post office or remittance outlet and paying your money to a cashier to make the transfer for you.
Benefits:
You can send money to someone without a bank account
The cashier can guide you through the process if you’re unsure
Drawbacks:
Both you and the recipient need to go in-store to send/receive the money
High transfer fees from commission and poor exchange rates
Lengthy forms need to be filled in by both sender and recipient
Bank processing times can be long, so your transfer may be slow
Online money transfer platforms
There are a number of online methods of money transfer which can be done by yourself, from home. They are done using your internet browser or smartphone app.
Benefits:
Much cheaper - flat, low fees and good exchange rates
You can do them at any time, and you avoid queues
Money is sent faster as bank processing times are bypassed
Drawbacks:
Need to check that platforms are FCA-regulated to ensure top security
Require the recipient to have a bank/card account
Digital wallet transfers
These are carried out by uploading money to a mobile-based app, before sending it on to another wallet or bank account.
Benefits:
Can send money on-the-go from your smartphone
You often only need the recipient’s mobile number or email address to send
Cheap money transfers available with low or zero commission
Secure platforms which keep your money safe
Drawbacks:
Some wallets, such as PayPal, will charge a significant fee for sending money abroad
Smartphones are required which have enough capability for digital wallets
Sending money with Paysend
Paysend Global Transfers is an online money transfer platform through which users send money via their web browser or the Paysend smartphone app. Money transfers with Paysend cost just £1, $2 or €1.5, and use competitive exchange rates. Money is sent from the user’s Paysend account instantly (delivery is determined by the recipient’s bank).
How can the recipient receive my money?
Paysend is different from other money transfer companies because in most countries users can send money directly to cards as well as to bank accounts. This gives all Paysend users extra choice and flexibility for their money transfers.
The costs of sending money abroad
Paysend Global Transfers uses competitive exchange rates and low, flat fees of just £1, $2 or €1.5 per international money transfer. This can help you save lots of money when compared with traditional money transfer methods, because many high-street banks and remittance outlets charge extra hidden fees.
Hidden fees can include commissions (usually a percentage of the amount transferred) and weak exchange rates. Many banks profit on transfers by giving customers a worse exchange rate than they’d get on the open market. Annoying, right?!
Choosing a cost-effective money transfer provider is important so that your money will have as much impact as possible when it reaches its destination. The lower the cost of the transfer, the more money will be available to your friends and family when they receive it!
Paysendis on a mission to create a world without borders. Our Global Transfers platform makes it easy for users to send money abroad quickly, cheaply and securely. All of our money transfers enjoy excellent exchange rates and no hidden fees.
To get started, head to the App Store or Google Play and download the Paysend app.