What are SEPA transfers?
We understand that some of you have experienced challenges when attempting to fund money transfers using your bank cards.
In light of this, we’d like to introduce a reliable alternative:
Make payments via SEPA (Single Euro Payments Area)
Why choose SEPA?
Secure and Reliable
SEPA is a reliable payment option used in Europe.
Lower Decline Rates
Compared to card transactions, SEPA transfers experience lower decline rates.
Fast Transactions
SEPA is instant 75% of the time and is as quick as card payments.
Fee-Free
By choosing to fund your transfers via SEPA using Paysend, you can benefit from a money transfer free of charge.
How to use SEPA?
Follow these simple steps:
- Open your Paysend app or website and click How to pay your transfer. Select SEPA instant & regular transfer options.
- Set up a payment option through your internet or mobile banking.
- Deposit the exact amount you wish to send your recipient with the reference code into the Paysend EUR account. This amount will be the one transferred straight away.
- 75% of the time, transfers are successful within a few minutes.
Latest Posts
At Paysend, we’re always working to make sending money abroad quicker, easier and more affordable. And now, you can send money straight from the UK or anywhere in the EEA to Visa or Mastercard cards in:
- Albania (in Albanian lek – ALL)
- Bosnia & Herzegovina (in BAM)
It’s simple, fast and only costs £1 or €1.50 to send – no need for bank account details or extra steps.
Making your first international money transfer can feel a little daunting. Questions about security, fees and how the process works might leave you hesitant to take the plunge. But with Paysend, it’s fast, affordable and straightforward to send money abroad. Whether you're supporting loved ones, paying for education or sending gifts, Paysend simplifies the process for first-time users. Here’s why your first transfer is easier than you think.