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Paysend Expands Reach with Currencycloud, Unveils Multicurrency Wallets

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.

Cross-Border Money Movements with the Alliance

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.

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.

— The Paypers (@ThePaypers) March 28, 2024

Moreover, 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.

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.

Cross-Border Money Movements with the Alliance

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.

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.

— The Paypers (@ThePaypers) March 28, 2024

Moreover, 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.

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