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Paysend expands cross-border money transfer services to Colombia with MOVii
2022-03-01
Paysend expands cross-border money transfer services to Colombia with MOVii

Transferring money internationally can be challenging and time-consuming with bank-to-bank transfers often taking multiple days, and fraud prevention and currency exchange adding further time and complexity to the money transfer process. Through working with Terrapay and MOVii, Paysend’s U.S. and European customers will be able to send money to friends and family in Colombia quickly, securely and conveniently.

Press release
Paysend
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Paysend expands reach of cross border money transfers for customers with visa direct
2022-02-03
Paysend expands reach of cross border money transfers for customers with visa direct

Paysend, the card-to-card pioneer and international payments platform, today announces the company is expanding its peer-to-peer money transfer services globally. Through the implementation of Visa Direct[1], a real-time[2] push payment platform, Paysend’s U.S. customers will be able to send funds to eligible Visa cards in 107 countries and territories, while UK customers will be able to send funds to eligible Visa cards in up to 114 countries and territories globally. 

2022-01-11
Paysend Strengthens Americas Operation with Jairo Riveros as Managing Director of the US and LatAm

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.

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Press release
“Remittance” defined, and the power of digital money transfer platforms revealed
2022-01-10
“Remittance” defined, and the power of digital money transfer platforms revealed

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%.

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