PaySend continues Middle Eastern expansion with its launch in Israel
Payments disrupter Paysend has continued its Middle Eastern expansion by launching card-to-card money transfer services in Israel.
The rapidly growing business now operates in more than 60 countries and the launch means that Israeli consumers will be able to send funds to any Visa, MasterCard or Unionpay card accounts in across the Paysend network of countries.
Ronald Millar, CEO of PaySend, said: “We are delighted to be expanding into Israel and to be working with all major banks in the country. Israel has a rich cultural heritage and links to many ethnic groups around the world. This comes as a welcome addition to our offering as we seek to boost our presence across the Middle East.”
Consumers will benefit from Paysend’s fixed fee of 9 shekels per transfer regardless of the amount sent, with card accounts overseas being credited in a local currency, using a real exchange rate without any hidden commissions. The transfers will be made available to any registered 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 to 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”.
ENDS
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. PaySend is a registered ‘Visa Direct’ and ‘MasterCard MoneySend’ originating institution. All ‘transactions’ and ‘data’ are secured at the highest PCI DSS level 1 standards.