Payments disruptor Paysend introduces money transfers to bank accounts in 34 European countries

More than 500,000 customers across Europe and beyond are able to transfer money to bank accounts in 34 European countries, thanks to a new service launched by payments disruptor Paysend.

The new product, which has been added to the firms existing card-to-card Global Transfers, will make cross-border payments in euros as easy as national payments and will result in improved convenience and processing times for European consumers.

Ronald Millar, CEO of Paysend, said: “We are excited to launch this new product and offer our valued customers a choice of sending money either to a card or a bank account in any European country. Transfers to bank accounts will allow our customers to make euro payments across Europe as easily and efficiently as they do today within their own countries. Effectively we are eliminating cross-border payments in Europe by making all of them domestic. “

It will be enough to use just one euro bank account for all transfers and payments, no matter where in Europe the recipients may be. PaySend customers will also benefit from PaySend’s ability to send money at a fixed low price without any hidden fees or charges.

Ronald added: “Our customers will be able to transact from the very same PaySend account they use for the card-to-card transfers. Now it’s up to them to decide which payout options suits them best – they can direct funds either to any Visa or MasterCard or to the bank account of their recipient anywhere in Europe.”

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 or call 0777 1818160

You can also visit www.paysend.com for more information

About PaySend

Paysend is a Fintech disruptor building money for the future

PaySend is on a mission to change how money is held, moved and spent around the world.

Global Transfers is 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 Principal member of Mastercard, Visa and China Union Pay, and a Level 1 PCIDSS certified processor.


About Paysend

Created in 2017, Paysend is a UK based next generation integrated global payment ecosystem. It enables consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is now a leading international money transfer service that enables individuals and businesses to send funds securely, quickly, and cost-effectively to over 190 countries worldwide. Paysend has its own network of banks and international and local payment systems, providing a seamless and transparent money transfer experience through its innovative technology and user-friendly mobile app. For further information visit https://paysend.com.


Press Contacts