Paysend
Enterprise payment software
Remittance & money transfer software
Accounting & finance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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Pay-as-you-go
Free Trial unavailableFree version unavailable
Small
Medium
Large
- Manufacturing
- Transportation and logistics
- Retail and wholesale
What is Paysend
Paysend is a digital money transfer platform used to send and receive funds across countries, typically to bank accounts, cards, and wallets depending on corridor availability. It targets consumers and businesses that need cross-border payouts, international transfers, and recipient-friendly delivery options. The service emphasizes card-to-card and bank transfer rails with mobile-first user flows and published fees/exchange rates that vary by route.
Multiple payout rails by corridor
Paysend supports different delivery methods such as payment cards and bank accounts, with availability depending on the sending and receiving countries. This can reduce recipient friction compared with solutions that require the recipient to sign up for a specific wallet or platform. For businesses, multiple rails can help match payout method to local preferences and banking coverage.
Mobile-first transfer experience
Paysend provides consumer-oriented apps and web flows designed for initiating and tracking transfers. This can be useful for organizations with distributed teams or contractors who need a simple way to receive funds. The interface generally focuses on straightforward send/receive actions rather than complex payment orchestration.
Transparent, route-based pricing model
Fees and FX rates are typically presented during quote/checkout and vary by corridor and funding method. This supports basic cost comparison and helps users understand total transfer cost before confirming. For finance teams, predictable per-transfer pricing can be easier to reconcile than blended pricing that depends on multiple downstream processors.
Not a full enterprise payments stack
Paysend is primarily oriented to transfers and payouts rather than end-to-end enterprise payment acceptance, routing, and optimization. Organizations needing advanced payment orchestration, multi-acquirer routing, or deep checkout customization may find the feature set limited. It also does not function as a broad procure-to-pay or spend management suite.
Coverage and features vary by corridor
Supported payout methods, speed, limits, and compliance requirements can differ by country pair. This can complicate standardization for businesses paying recipients across many regions. Some corridors may require additional recipient details or have lower limits, affecting operational workflows.
Limited accounting-native capabilities
Paysend is not positioned as an accounting system and typically relies on exports or integrations for reconciliation and ledger posting. Finance teams may need additional tooling to map transfers to invoices, projects, or cost centers. Compared with finance platforms that provide built-in approvals and audit workflows, controls may need to be implemented externally.
Plan & Pricing
Pricing model: Pay-as-you-go (fixed fee per transfer; fee varies by sending country and delivery method).
Free tier/trial: New-customer first-transfer offer shown on the public site (first transfer without fees) — this is a promotional first-transfer offer, not a permanent free tier or a time-limited "trial" of the service.
Example costs (from official Paysend pages):
- Marketing example shown on the homepage: “for only £1, $2 or €1.5” for certain transfer routes (currency depends on sending country).
- UK company tariffs (official Paysend business/help page): SEPA inbound/outbound: 0.30 EUR; Faster Payments inbound/outbound: 0.30 GBP; Currency conversion: 0.4%; Payouts to cards (if applicable): 1.2%; SWIFT fees: £12 (T1), £16 (T2), £25 (T3), £35 (T4).
- Paysend Cards & Accounts fees (official help page): cash withdrawals over 200 GBP or 220 EUR: 2% of amount withdrawn; card payments in a different currency: 2% of payment amount.
Enterprise / Business: Custom pricing — contact Paysend Enterprise / sales for quotes and tariffs (enterprise page and business help reference).
Notes: Paysend states that a fixed fee is charged per transaction and the exact fee for a specific transfer is displayed before you confirm the transfer. Additional local/bank charges may apply.
Seller details
Paysend Group Limited
London, United Kingdom
2017
Private
https://paysend.com
https://x.com/paysend
https://www.linkedin.com/company/paysend
