Paysend: Expands P2P money transfer services globally

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Paysend: Expands P2P money transfer services globally

  • Paysend, the card-to-card pioneer and international payments platform
  • Announces the company is expanding its peer-to-peer money transfer services globally
  • Customers will be able to send funds to eligible Visa cards in 107 countries and territories
  • The integration with Visa Direct follows a period of rapid growth that reach the milestone of five million customers in November last year
  • Transferring money across borders can be met with various challenges, including speed, security, and convenience
  • Launched in the U.S. in September 2020, and the company experienced rapid growth as American residents
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