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Paysend: Extends money transfer service to Turkey | Fintech InShorts: Latest fintech news, analysis by experts

Paysend: Extends money transfer service to Turkey

Paysend: UK-based fintech business, extends money transfer service to Turkey

  • Users are now able to transfer money to any bank account or card issued in Turkey
  • Turkey is an important market for global money transfers in Europe and Central Asia
  • Paysend extended Global Transfers to Japan, South Korea and Uzbekistan earlier this month
  • Its card-to-card global money transfer service, now has over 1.3 million users
  • Paysend charges the same transfer rate, regardless of whether it is buying or selling a currency
  • It also has the lowest money transfer fees on the market: £1 from the UK or €1.50 from Europe

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