Paysend Expands Reach with Currencycloud, Unveils Multicurrency Wallets

Paysend Expands Reach with Currencycloud, Unveils Multicurrency Wallets

Time Stamp: March 28, 2024 1:59 PM
Source Node: 2529321

Cross-border payments provider Currencycloud and UK-based
money transfer app Paysend have announced the expansion of their partnership.
This collaboration aims to enhance Paysend’s services worldwide, offering
customers extensive solutions for international money transfers and
currency exchange.

The newly inked deal will see Currencycloud leveraging its
expertise to enhance Paysend’s foreign exchange and treasury capabilities. As a
result, Paysend users can expect smoother cross-border money movements across
various regions, including the US, Europe, the Middle East, Africa, and the
Asia-Pacific.

Ronnie Millar, Paysend’s CEO and Co-Founder, Source: LinkedIn

One of the key highlights of this partnership is the
introduction of multicurrency wallets within the Paysend app. This
feature enables users to hold up to 34 different currencies within the same
platform, providing flexibility and convenience for international transactions.

Earlier, Currencycloud
partnered with UK-based Fintech company TangoPay to enhance its remittance
service for UK-based expatriate clients. The collaboration aims to provide
real-time competitive foreign exchange rates and localized payment options.
TangoPay gains access to Currencycloud’s services to customize payment solutions,
streamline operations, and improve various aspects of remittance transactions.

Paysend Broadens Coverage with Swift Network Access

Paysend customers will now have access to payments
via the Swift network, expanding the app’s global coverage and payment options.
The company will also play a pivotal role in supporting Paysend’s upcoming
consumer-facing products and services, slated for release later in 2024.

“We’ve worked with Currencycloud for several years now, and
our partnership keeps going from strength to strength,” said Ronnie Millar,
Paysend’s CEO and Co-Founder. “We share a vision for making the global money
transfer landscape simpler and more inclusive.”

Cross-border payments provider Currencycloud and UK-based
money transfer app Paysend have announced the expansion of their partnership.
This collaboration aims to enhance Paysend’s services worldwide, offering
customers extensive solutions for international money transfers and
currency exchange.

The newly inked deal will see Currencycloud leveraging its
expertise to enhance Paysend’s foreign exchange and treasury capabilities. As a
result, Paysend users can expect smoother cross-border money movements across
various regions, including the US, Europe, the Middle East, Africa, and the
Asia-Pacific.

Ronnie Millar, Paysend’s CEO and Co-Founder, Source: LinkedIn

One of the key highlights of this partnership is the
introduction of multicurrency wallets within the Paysend app. This
feature enables users to hold up to 34 different currencies within the same
platform, providing flexibility and convenience for international transactions.

Earlier, Currencycloud
partnered with UK-based Fintech company TangoPay to enhance its remittance
service for UK-based expatriate clients. The collaboration aims to provide
real-time competitive foreign exchange rates and localized payment options.
TangoPay gains access to Currencycloud’s services to customize payment solutions,
streamline operations, and improve various aspects of remittance transactions.

Paysend Broadens Coverage with Swift Network Access

Paysend customers will now have access to payments
via the Swift network, expanding the app’s global coverage and payment options.
The company will also play a pivotal role in supporting Paysend’s upcoming
consumer-facing products and services, slated for release later in 2024.

“We’ve worked with Currencycloud for several years now, and
our partnership keeps going from strength to strength,” said Ronnie Millar,
Paysend’s CEO and Co-Founder. “We share a vision for making the global money
transfer landscape simpler and more inclusive.”

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