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Transferring money internationally can be riddled with challenges. For instance, slow transfer times, lack of security and inconvenient manual methods may make sending money difficult for many.
Here at Paysend, we’ve made it our mission to provide accessible and safe options for sending money abroad. To stay true to this, we’ve connected with a company that shares similar goals of enabling people around the world to send and receive international payments quickly and securely.
Work has changed, and never more so than in the last 2 years. Many businesses are reporting that they are struggling to cater to changes that come with being Remote.
At Paysend, we decided to lean into the changing landscape of work so we became a remote-first company. Of course, we too have faced challenges, but in the spirit of growth, we wanted to share some of our insights on how you might create a successful remote working environment where employees can thrive and the business can deliver.
Paysend, the card-to-card pioneer and international payments platform, today announces the appointment of Jairo Riveros, as managing director of the United States and Latin America, effective 01 January, 2022.
Paysend has had an active presence in the United States since September 2020 and helps American residents securely send funds to over 100 countries in close to real-time - without visiting a physical bank location.
According to Merriam Webster, “remittance” is defined as a transmittal of money to a distant place like another country. This transmission of money may be done through traditional money management methods such as a bank or through modern solutions like a digital money transfer platform.
As we continue into the new year, the remittance market is expected to expand despite a slight decrease in the amount transferred due to the COVID-19 pandemic. In fact, in 2022, experts project remittances to grow at nearly 5%.