PaySend
PaySend is a global online money transfer service of the next generation that offers a new solution to transfer money abroad by means of Card2Card technology.[1]. Launched in November 2016, PaySend money transfers are available in more than 50 countries in local currencies by the end of 2017. The PaySend headquarters is located in London.
Partners: Financial Institutes and Credit Organisations
PaySend plc. Company number 376020. PaySend plc is authorised and regulated by the Financial Conduct Authority, reference number 900004[2].
JSC "AsiaCredit Bank". License № 1.2.75/83 from 20.02.2015, issued by the National Bank of Kazakhstan[3][4]
Non-banking credit organisation "Clearing house of the Samara currency interbank exchange" JSC". License № 3324-Р from 08.10.2015, issued by the Central Bank of the Russian Federation.
Card2Card technology
This technology allows to avoid cash, complicated forms to complete, IBANs, sort codes, queuing and long trips to pick up the transfer. PaySend.com needs only the 16-digit VISA or MasterCard number on the front of the card. The process of sending money is implemented as follows:
- Choosing the country to send money from
- Choosing the country to send money to
- Input sender's card details
- Input receiver's card details
- Paying a fixed fee
When sending money with PaySend.com, the user sees before approving the transfer the exchange rate, the transfer fee and the amount the recipient will receive[5]. The recipient does not need the internet or an APP to receive the money transfer.
Due to Card2Card technology, the transfer fee is fixed for cross-border transfers:
Safety and Security
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[2]. PaySend is a registered ‘Visa Direct’[6] and ‘MasterCard MoneySend’ originating institution. All ‘transactions’ and ‘data’ are secured at the highest PCI DSS level 1 standards.
Geography
Currently, PaySend sends money to over 50 countries using Card2Card transfers.
Available countries to send money from:
- Albania
- Andorra
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- England
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Kazakhstan
- Latvia
- Lithuania
- Luxembourg
- Macedonia
- Malta
- Montenegro
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Russia
- San Marino
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Ukraine
Available countries to send money to:
- Albania
- Andorra
- Austria
- Azerbaijan - only MasterCard
- Belarus
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- England
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Kazakhstan - only Visa
- Kyrgyzstan - only MasterCard
- Latvia
- Lithuania
- Luxembourg
- Macedonia
- Malta
- Mexico
- Moldova
- Montenegro
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Russia
- San Marino
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Tajikistan - only MasterCard
- Ukraine
References
- ↑ PaySend takes part in FinovateEurope 2016.Finovate 2016.
- ↑ 2.0 2.1 PaySend PLC – Authorised Electronic Money Institution. Financial Conduct Authority (FCA).
- ↑ AsiaCredit Bank license № 1.2.75/83 from 20.02.2015 issued by National Bank of Kazakhstan
- ↑ AsiaCredit Bank launches mobile money transfers via PaySend. AsiaCredit Bank.
- ↑ PaySend: Card2Card money transfers to Ukraine and other countries for only 49 RUB Rambler.ru. 7 June 2017.
- ↑ Visa verified. visa.com.
External links
This article "PaySend" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:PaySend. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
