Paysend partner with Afrimoney to enable transfers to Gambia and Sierra

London – April 07, 2022 – Paysend, a UK-based fintech with over 6.5 million subscribers, today announced a technology partnership with Afrimoney, a mobile money service provided by Africell, to enable money transfers to West Africa, particularly The Gambia and Sierra Leone.

Through the partnership, which is powered by MFS Africa, Paysend will enable users to send money across the border to The Gambia and Sierra Leone via Africell, which means the Afrimoney mobile wallet will arrive. With features such as lower fixed fees for money transfers, competitive exchange rates, and the ability to receive instant international payments, Paysend is changing the way West African communities manage money worldwide.

Alex Besonov, Group Head of Pasend’s Network Development and Strategic Partnership, said: They will experience a more affordable rate for money transfer and experience much faster processing. With Paysend’s easy-to-use app, automatic phone number and text ID verification, users can instantly transfer through Paysend’s platform. “

Andy Weedman, director of Afrimani Group, says: “Remittances are one of the most important applications for mobile money. We want our Afrimoney platform to be as simple and accessible as possible. This partnership with Paysend and MFS Africa makes it easier for people around the world to send mobile money to Gambia and Sierra Leone, thus making the service more convenient for customers and giving them more financial opportunities. “

Nika Naghavi, Executive Director of MFS Africa MNO, said: “Originally a product that was only available in a select few markets, mobile money is now a global phenomenon. The benefits of mobile money are especially pronounced in the context of family remittances and the return of diasporas and their loved ones to the country. Through this exciting partnership with Afrimoney and Paysend, we will jointly expand access for Gambians and Sierra Leoneans, making it seamless and affordable for them to receive money from their families abroad. “

For a limited 30 days, Paysend is offering fee-free transfers to digital wallets in Gambia and Sierra Leone until the end of May. Recipients will also receive an equivalent 2 USD bonus, credited by Afrimoney. Customers will enjoy their first three transfers to a digital wallet for improved exchange rates. To start sending money to West Africa, download the Paysend app from the App Store or Google Play or visit www.paysend.com to learn more.

About the pass
Paysend is a next-generation integrated global payment ecosystem that enables consumers and businesses to save, spend and send money online in multiple currencies at any time. Paysend, headquartered in London, UK, was founded in April 2017 with the goal of revolutionizing how people everywhere manage their day-to-day finances. Paysend currently supports cross-network capability worldwide across MasterCard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.

Paysend allows customers to send money to 160 countries worldwide and register more than six million subscribers. As a global end-to-end payment platform, Paysend has a bank network, and partnerships with major international card networks Visa, MasterCard and China UnionPay as major members and certified processors of international and local payment systems. .

For more information, see https://paysend.com.

Communication:
Alan Durden
Head of Public Relations and Communications
+44 (0) 7841 028307
[email protected]

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