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Payments General

Money transfer platform Paysend launches PaySendLink

Thursday 10 January 2019 | 01:03 PM CET

Money transfer platform Paysend has introduced a new service, which requires only the recipient’s mobile phone number to make cross-border remittances.

All registered customers using the company’s website or mobile app can gain access to the service.

The new service will enable recipients to view the incoming transfer and direct it to Visa, Mastercard, UnionPay card or a bank account.

Paysend enables users to make fund transfers from card to card. In 2018, the company raised USD 20 million in a funding round led by investment company MARCorp Financial.

More: Link
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