FinTech: Paysend Business Makes Its Debut In The US

May 12, 2023 | FinTech, News

The US launch of Paysend follows after the successful operation in the UK.

Paysend Business, an international payments platform for small and medium-sized enterprises (SMEs), has launched in the United States, following a successful UK implementation in 2022.

The platform provides an easy way for businesses to manage their finances globally, including sending and receiving cross-border payments in over 30 currencies.

Paysend Business offers instant payments through multi-currency accounts, with global inbound and outbound payment functionality, and payouts to Visa and Mastercard worldwide.

Paysend Business aims to provide reliable cross-border payment solutions to businesses worldwide, from startups to established enterprises.

Paysend is a UK-based global payment ecosystem that can send money to over 170 countries worldwide, providing over 40 payment methods for online SMEs.  It currently supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.

Related Story: Finastra To Offer Banks Cross-Border Payments Via Visa Direct

Photo by Christine Roy on Unsplash

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
FinTech: Adyen Launches ‘Payout Services’ For Faster Payouts To The Gig And SMB Economies
June 2, 2023     FinTech, News

Adyen, a global financial technology platform, has launched Payout Services, allowing its customers to make instant payouts to their users or partners. By connecting directly to real-time payment rails, Adyen’s…
Digital Assets: Oracle Red Bull Racing Seeks To Digitize Engagement With Fans On The Sui Blockchain

Oracle Red Bull Racing has announced a multi-year partnership with software company Mysten Labs to collaborate on Sui, which will serve as the team’s Official Blockchain partner. Sui, a Layer…
Venture Capital: Bold, L’Oréal’s Venture Capital Fund, Buys A Stake In Exotic Cosmetic Ingredient Maker Debut
June 2, 2023     News, Venture Capital

L’Oréal’s (EPA: OR) corporate venture capital fund, BOLD, has announced a minority investment in Debut, a US biotech company specializing in the discovery, formulation, and manufacture of novel ingredients and…
Artificial Intelligence: In Flight Simulation, An AI Drone Tries To Kill Its Own Handler
June 2, 2023     Artificial Intelligence, News

During a simulated test at a London summit, an AI-controlled drone turned against its human operator, raising significant ethical concerns. Air Force Colonel Tucker “Cinco” Hamilton shared the incident, which…