Money transfer disruptor PaySend reaches 300,000 customers and adds six new key markets
Continuing its global expansion, payments disruptor PaySend now has 300,000 customers and has launched its services into six new key markets.
The rapidly growing business now operates in more than 70 countries, and the launch means that PaySend customers will be able to send funds to any Visa or MasterCard in Brazil, Colombia, Egypt, Senegal, Pakistan and Bangladesh.
Ronald Millar, CEO of PaySend, said: “We are delighted to be expanding into 6 more major receiving countries and to be working with all the major banks there. The combined population of these markets is 750 million, and they will now be able to receive money transfers directly to their Visa or MasterCard as well as benefiting from PaySend’s other services.”
Recipients’ cards will be topped up in the local currency, using the real exchange rate without any hidden commissions or charges. The transfers will be made available to any registered PaySend customer via the company’s website or mobile app.
Ronald added: “Our partnership with major card schemes allows us to deliver money using Visa and MasterCard in a fast, simple and secure way. All you have to do is provide a recipient’s name and a 16-digit card number.
“Sending money from card-to-card is the new innovative way of sharing value across borders and PaySend is pioneering this space by bringing our consumers unrivalled convenience and peace of mind. That’s why 300,000 customers already trust us with their money transfers and payments.”
ENDS
Notes to editors:
For more information contact Ronald Millar, CEO of Paysend, by email - rmillar@paysend.com
You can also visit www.paysend.com for more information
About PaySend
PaySend is a Fintech company on a mission to change how money is moved around the world. We are the next generation money transfer platform, allowing customers to send money from card to card using our innovative technology. It is easy, fast, secure and we charge a fixed fee per transfer delivering funds in local currency using real exchange rate without any hidden fees or additional charges.
PaySend is a trading name of PaySend plc, registered in Scotland, United Kingdom. Company number 376020. Registered office: Cluny Court John Smith Business Park, Kirkcaldy, Fife, KY2 6QJ. PaySend plc is authorised and regulated by the Financial Conduct Authority, (FCA), Number 900004. All ‘transactions’ and ‘data’ are secured at the highest PCI DSS level 1 standards.