Thinking for the future.
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Paysend makes it easy to send money across borders.
But sometimes transfers don’t go smoothly. Failed transfers and delays across the payment chain can be frustrating when you’re in a rush to move your money.
Nobody likes waiting around for funds to arrive so we’re going to take a look at some of the things that could be causing the holdup.
Cashless payment in euros is about to become a whole lot easier.
If you’ve not heard of the Single Euro Payments Area, you soon will. The name might be a mouthful, but SEPA is set to be a game-changer for cross-border payments.
The International Day of Family Remittances (IDFR) is celebrated every year on 16 June.
A family remittance is the money sent by migrant workers to support their families and loved ones back home.
According to the International Organization for Migration (IOM) there are 258 million international migrants globally (or 3.4% of the global population) who live outside their countries of birth.
With 12 billion cards on the planet it is difficult to escape plastic as it has become one of the ubiquitous means of payment in the modern world.
Convenience, speed of processing and universal acceptance all make cards the first choice when it comes to buying stuff, paying for goods and services and now transferring money overseas as well. Card to card money transfers have been around for a few years and this initiative was pioneered by Visa and MasterCard which both have invested massive amounts of money into their cross-border money transfer infrastructure.
