Global fintech company Paysend, known for building the world’s largest digital payment network, has joined forces with Tink, a Visa Solution, to strengthen its Open Banking capabilities. This collaboration is set to improve payment coverage, speed, and reliability across key markets.
By integrating Tink’s leading Open Banking solutions, Paysend users in select regions can now fund transfers directly from their bank accounts. This eliminates the need for manual entry and simplifies authentication, offering a faster, smoother, and more secure payment process.
The partnership with Tink provides Paysend with enhanced Open Banking payments performance and expands their Open Banking capabilities into new markets. This means more customers can fund their international transfers with minimal friction, greater security and improved speed.
By leveraging Tink’s extensive network of bank connections, Paysend users benefit from:
● Wider coverage – More banks and financial institutions are now supported
● Quicker transactions – Authenticate with your bank and fund transfers without manual entry
● Enhanced security – Direct bank authentication reduces errors and fraud risk
● A seamless experience – Fund transfers with fewer steps right from your smartphone
Paysend’s Global Head of Network & Partnerships, James Cresswell said: “At Paysend we’re constantly innovating to make Cross Border money movement as simple as possible. Integrating with Tink expands our Open Banking capabilities, ensuring our customers can fund their transfers instantly with ease and confidence.”
Ian Morrin, Tink’s Head of Payments added: “We’re excited to partner with Paysend to bring secure Open Banking payments to more customers. Open Banking is transforming how people manage their money and this partnership ensures Paysend customers benefit from a more intuitive payment experience.”
With Tink’s Open Banking technology, Paysend is helping users fund transactions more easily and securely, making international money transfers more accessible, efficient and hassle-free.
