Paysend - Banking
Paysend is an open banking API and money-transfer platform. The service provider allows to send transfers across borders, delivering the most diversified list of supported currencies. The key functionalities delivered by the service provider include local and international transfers, card-to-card payments, and merchant acquiring (see Paysend - eCommerce for eCom functionality details). The service provider operates in over 100 countries worldwide when processing international payments.
The following currencies are supported by the service provider and can be set as default:
Only one default currency is allowed for payment processing.
Companies from the following regions can integrate:
EU (European Union)
UK (possible for onboarding)
EEA (European Economic Area)
An active financial services license is required to implement the integration. Contact your manager for additional details.
Products and services
The following table describes the services delivered by Paysend.
The provider delivers a service of account opening. An IBAN identifies the account of a customer at a financial institution and allows to send cross-border transfers.
It is possible to open an account in the following currencies:
Paysend accounts can be opened for citizens of the following countries:
SEPA (Single Euro Payments Area) transfers allow to send and receive payments in EUR within the eurozone.
It is possible to send SEPA transfers in the following currencies:
Paysend transfers can be sent to the following countries