Paysend unveils Global Account in Europe

Wednesday 19 February 2020 13:09 CET | News

UK-based fintech Paysend has launched its Global Account, a fee-free mobile money account with multi-currency wallet and new payment features.

The aim of the Global Account is to help consumers save up to GBP 2 billion in currency conversions when spending money abroad or on overseas websites. The solution enables users to pay, hold, and spend their money when travelling through a multi-currency wallet, removing many fees. 

Paysend’s new feature incorporates a multi-currency wallet, including Chinese Yuan. It facilitates the switch value between currencies using the mid-market exchange rate and allows payments in local currency using the Paysend Mastercard or in-app virtual card. Customers are also enabled to transfer money internationally from within the app directly to other Global Account users. 

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Keywords: Paysend, multi-currency, accounts, launch, Europe, fintech, UK, mobile money, wallet, payments , fees, transfers
Categories: Payments & Commerce
Countries: Europe, United Kingdom
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