PaySend
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PaySend is a global online money transfer service of next generation that offers the new solution to transfer money abroad by means of a 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[edit]
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[edit]
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 the following way:
- 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 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 transfer fee is fixed for cross-border transfers:
Safety and Security[edit]
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[edit]
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[edit]
- ↑ 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[edit]
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