Transfer money from the US to Canada with Paysend
Since the pandemic began, many countries have closed their borders or have discouraged international travel in order to keep residents safe and minimize risk of COVID-19 exposure. Despite many not being able to travel to see loved ones living abroad, our team is on a mission to create a world without borders through digital money.
That’s why we launched our international money transfer services in the US in the midst of the pandemic, allowing millions of residents, immigrants and expats living in the states to remain connected with friends and family abroad.
Expanding on our launch, we’re now focusing efforts on a border a little closer to home for those in the US – Canada.
Paysend allows US consumers to send money to Canada
The US-Canadian border is the world’s longest international boundary between two countries, and Paysend is breaking down its barrier.
We’re excited to offer US consumers the ability to electronically send money to friends and family living in Canada and help commerce flow more freely across North America.
How to transfer money from the US to Canada
Here at Paysend, we make international money transfers easy. To get started, you’ll simply need to download the Paysend app* onto your smartphone device, create an account and enter the amount of money you wish to send to your recipient of choice.
After you click send, your recipient will receive an email verification from our partner Interac. Once the email is confirmed, you will then receive a security code, which will also be available on the Paysend app, to share with your recipient once the transfer is sent.
Once complete, your money will arrive in CAD to your recipient’s bank account with any of the major Canadian financial institutions via Interac in close to real-time.
Ready to start sending money to your Canadian loved ones? Download the Paysend mobile app from the App Store or Google Play today.
*Standard data rates from your wireless service provider may apply.
Последние посты
Pix payments have transformed how money moves inside Brazil. Since its launch by the Central Bank of Brazil in 2020, Pix has quickly become the primary payment rail, used by individuals, businesses, and government institutions.
If you're looking to send money to Brazil, you may come across the term “Pix payments.” Pix itself is a domestic payment system. Funds sent from abroad are processed by a licensed transfer provider – for example Paysend – converted locally, and then delivered to the recipient through the Pix network.
When comparing international money transfer services, many people assume that using the mid-market exchange rate automatically means a cheaper transfer. The logic seems straightforward: if the exchange rate reflects the midpoint used in global currency markets, the overall cost should be lower. In reality, however, the total transfer cost depends not only on the exchange rate but also on how the provider structures its fees.
