Paysend partners with Samsung Pay for contactless payments

• International money app to facilitate contactless Samsung Pay transactions

• Samsung users will now be able to simultaneously hold and spend eight different currencies in one account

UK-based global FinTech company Paysend has announced a brand-new partnership with Samsung Pay. This will allow Samsung users to store their Paysend Mastercard credentials in their mobile wallet and make contactless online and offline payments. Paysend Global Account is a multi-currency wallet allowing users to hold up to eight currencies at any one time and instantly link their card to any one of them, meaning that local payments can be made in a number of countries with the very same card.

The partnership will optimise the checkout process for Samsung users with Paysend, with the card no longer needing to be present - increasing speed, convenience and safety for the customers, which is especially important given the importance of contactless payments in a world dominated by the pandemic.

Samsung users with the Paysend Global Account app will now be able to spend their funds in the multi currency wallet like British pounds, euros, American dollars, Swiss francs, Chinese yuan, Polish zloty, Czech koruna and Russian roubles via contactless Samsung Pay transactions. Paysend Global Account aims to facilitate simple and seamless multi-currency payments for frequent travellers, expats and students abroad, who frequently need to switch instantly between currencies.

“This partnership will allow Samsung users to use our multi-currency wallet’s unique features with even more ease,” Abhishek Tripathi, Head of Paysend Global Account said. “Not only will they be able to hold and spend up to eight currencies with one card and account, but they will be able to make international online and in-store payments with low fees, making their Samsung Pay a truly global feature.”

“Partnerships such as these are helping us to build a seamless, international payment system for our customers, especially now that people will start travelling again” Mr Tripathi added. “We’ll continue to form these partnerships with the payment industry’s major players in the near future to continue driving simplicity and convenience for our users on a global scale.”

Users can add their Paysend Mastercard to Samsung Pay either in the Paysend Global Account or Samsung Pay apps, increasing the international potential of their smartphone in just a few clicks.

About Paysend

Paysend is a global FinTech company born in 2017, based in UK and authorized by the FCA. With more than 2.7 million customers and delivering funds to over 90 countries and multiple currencies, Paysend enables near-instant cross border as well as local payments in a way which is simple and smart. Paysend has its own global network of banks, international and local payment systems and partners with the major international card networks: Visa, Mastercard and China Union Pay as a principal member and certified processor. Paysend is money for the future.

Visit www.paysend.com for more information.

Contact: Alberto Macciani. CMO Paysend. alberto.macciani@icloud.com


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About Paysend

Paysend is a next generation integrated global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. Paysend is UK-based and has global reach having been created in April 2017 with the clear mission to change how money is moved around the world. Paysend currently supports a cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs. Paysend can send money to 135 countries worldwide and has attracted more than five million consumers to its platform. As a global end-to-end payment platform, Paysend has its own global network of banks and international and local payment systems and has partnerships with the major international card networks Visa, Mastercard and China Union Pay as a principal member and certified processor. For further information visit https://paysend.com.


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