Paysend: Simple Money Transfer 4.8.15

This review examines Paysend, a digital payment platform that facilitates international money transfers. The service offers a range of features designed to meet diverse remittance needs with an emphasis on speed, security, and cost-effectiveness.

Transfers conducted through Paysend are known for their efficiency, with most transactions completed within minutes. The platform utilizes real-time exchange rates and ensures the security of each transfer, providing reassurance to users sending funds across borders.

• Global Reach: Paysend enables users to send money to over 170 countries worldwide, supporting transfers via bank accounts, mobile wallets, or instant remittance options.
• Cost Transparency: The service highlights transparent fee structures, including zero-fee bank transfers in certain regions and flat-rate card-to-card transfers, which are billed at approximately £1, €1.50, or $1.99.
• Foreign Exchange Rates: Competitive FX rates are offered with clear upfront pricing, eliminating surprises regarding the final amount received.
• Security Measures: Paysend employs enterprise-grade security protocols, maintains PCI DSS compliance, and offers round-the-clock customer support to safeguard transactions and user data.

The platform has gained widespread trust, with over 10 million users globally and a high customer satisfaction rate supported by numerous positive Trustpilot reviews. Its user-friendly mobile app allows for easy tracking of transactions and management of multi-currency payments from personal devices.

Registered and regulated by the Financial Conduct Authority in the UK, Paysend adheres to strict security standards at PCI DSS Level 1. Its global headquarters is located at 20 Garrick Street, London.