Paysend customer base triples in 6 months as the firm targets global payments revolution
Payments disruptor Paysend has tripled its customer base over the last 6 months, following its expansion into growing global markets.
The company now has over 150,000 customers across Europe, and operates in more than 60 countries.
Most recently a series of partnerships expanded the business to customers in the Middle East and Africa.
Ronald Millar, CEO of Paysend, said: “We are excited to reach this important milestone and see our customer base triple in the last 6 months. We are going from strength-to-strength and this is a clear vote of confidence from our customers who appreciate the convenience of sending money overseas at a fixed low price without any hidden fees or charges.”
Consumers are able to send funds from Europe to over 12 billion Visa, MasterCard or UnionPay cards across the Paysend network of countries.
They also benefit from Paysend’s ability to move funds, bypassing the traditional banking system and eliminating all the inefficiencies associated with a slow speed of delivery, high foreign exchange rates and correspondent banks’ fees.
Ronald added: “We are building a global Fintech brand and our partnership with Visa, MasterCard, UnionPay and national card schemes allows us to deliver money 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”.
The service is available to any registered customer via the company’s website or mobile app.
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 the 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.