Paysend and Tink Team Up to Boost Open Banking Transfers
Paysend, the global fintech building the world’s largest digital payment network – unifying over 20 billion endpoints into a single global, open, and instant payment system – has announced a strategic partnership with Tink, a Visa Solution, to strengthen its Open Banking capabilities.
Through the integration of Tink’s market-leading technology, Paysend is set to enhance the coverage, speed, and quality of its payment services for customers across key international markets.
With Tink’s secure Open Banking platform, Paysend customers in selected regions can now authenticate and fund transfers directly from their bank accounts—without the need to manually enter payment details or navigate multiple verification steps. The result is a smoother, faster, and more secure experience for users making international payments.
This partnership significantly boosts Paysend’s Open Banking performance and expands its capabilities into new markets. Customers benefit from faster, low-friction transactions with improved security and reliability.
Key Benefits for Paysend Users:
- Wider Coverage: More banks and financial institutions are now supported
- Quicker Transactions: Bank authentication enables instant funding without manual input
- Enhanced Security: Reduces the risk of errors and fraud via direct bank authentication
- Seamless Experience: Fewer steps and a more intuitive flow, all from your smartphone
James Cresswell, Global Head of Network & Partnerships at Paysend, commented:
“At Paysend, we’re constantly innovating to make cross-border money movement as simple and efficient as possible. Integrating with Tink allows us to further expand our Open Banking capabilities, ensuring our customers can fund their transfers instantly—with confidence and ease.”Ian Morrin, Head of Payments at Tink, added: “We’re excited to partner with Paysend to deliver secure Open Banking payments to even more users. Open Banking is transforming how people manage and move their money. This partnership ensures Paysend customers benefit from a faster, more seamless payment experience.”
With Tink’s robust Open Banking infrastructure, Paysend continues to simplify international money transfers—making them more accessible, secure, and user-friendly for millions around the world.