Paysend Money Transfer Review: Fees, Features, and User Feedback

Paysend money transfer is a popular option for transferring funds worldwide with minimal costs. Some countries use the company more extensively, while others do not. Awareness of all the pros and cons allows you to find a pleasant and profitable alternative system for money transfer without a bank.

The Paysend app offers a quick and convenient way to pay in seconds. An intuitive interface is also the key to success. After all, many analogs often have a lot of tabs and a complex algorithm for searching for information.

A low Paysend exchange rate interested us even more. Therefore, we quickly reviewed the key factors for cooperation: fees, features, and user feedback. Read our review to answer the question: Is Paysend legit, and can you try it?

What is Paysend: Brief Overview

Before registering, we recommend you study all the nuances and information in this article. Please also read the additional Paysend review before installing their app. Below, we will briefly explain this company’s global payment solutions and essential data.

Here readers may discover some valuable data about ratings from our qualified specialists. We conclude that the service is the one of the best on the market. So, try it and write some comments to provide more information about the company.

Here is the data and interesting numbers you may find attractive:

• Very safe. There are few steps of verification to protect your account.
• Convenient app. According to the reviews of users, it has an understandable design.
• Over 8 years of experience.
• Dynamic start. It was founded by specialists in banking. So they shared all their experience to create something incredible and simple to use.
• Location. The main office is in London. This area inspires trust. The service won a competition in their field which is an additional plus.

Conclusions: the platform is worth the attention. The business is located in a trustworthy European country, has many employees, and provides services in affordable conditions. Now, we will describe some valuable points about reviews from real customers, tariffs, and benefits.

Paysend Fees and Their Features

One of the service’s most convenient benefits is its affordable rates. What is Paysend cost? The prices are either lower than those of the competitor or considered completely competitive.

What is Paysend benefit? We highlighted the following advantages that relate to payments:

• Transparency. The service tariff and the Paysend exchange rate are provided for you, you can immediately see them before you make the transfer.
• High level of protection. You will see a similar one in banking institutions. It’s an excellent alternative to traditional banks because it can deliver funds to the recipient in seconds without leaving home. Is Paysend safe? Yes, the money is PCI DSS certified.
• Exchange rate transparency. The final amount is visible even before you decide to send it.

What is Paysend example of dachshunds:

• Paysend fees for transferring money from a bank card to another bank card or from a wallet to a card are 1-2 dollars or euros (depending on the currency set in your account).
• Some European countries, such as Italy, Poland, Romania, Hungary, and others, can ship without commission.
• Paysend exchange rate varies from 0.5 to 2%.

It is essential information. You will see more details when you use it for the first time.

Paysend Limits

First, you can send up to 15,000 dollars in 3 months. This is a large amount, and it may be enough to send money to family abroad. Most often, clients turn to this company precisely for this purpose.

Secondly, clients can specify a maximum of 10,000 GBR (or another currency) in their Paysend app for one transaction. This rule also applies if you buy something online or in a store.

Thirdly, for users who have not confirmed their identity, there are restrictions on the number of translations and the amount of up to 150 dollars. To use the maximum limits, you will need to provide a passport with a photo. Other identity documents were also suitable. However, we recommend clarifying these data when you plan to register. Sometimes, the rules can change. The company may request other additional supporting documents to identify your identity. You will spend some time on the process. However, clients can quickly transfer funds in seconds with excellent conditions after identification.

How to Send Money Online With Paysend Money Transfer

The sending procedure is not difficult. After finding information that answers the question, “Is Paysend safe?”, please make an account.

Then proceed to instant global transfers and take the following steps:

• Click the Send Money button.
• Enter the amount and the recipient’s and sender’s currency.
• Write the details of the person to whom you are sending the shipment.
• Check all data and commissions.
• Send money.

Is Paysend safe? Yes, it is. Is Paysend App simple? Quite a good option.

Is Paysend Legit and Reviews from Customers

Multi-factor authentication, data protection, and translations speak for themselves in favor of the service. On the company’s website, it is indicated that secure and fast payments are certified by Visa, Mastercard, the FCA, China UnionPay, and similar organizations.

You can also specify a phone number to enter the private office. After the user enters his login and password, he receives an SMS with a login confirmation code. Only after entering these numbers can you access all the functionality and services.

Now, let’s decide how highly the company was rated by its clients. With more than 10 million users, you can already make complete conclusions.

Customer Reviews on Trustpilot

There are enough statistics that we can analyze right away. We take the well-known Trustpilot site as a basis. All clients can leave their impressions here. Various well-known companies use this rating to demonstrate their authority.

By what parameters do people usually leave their reviews:

• Reasonable Paysend exchange rates that make the service accessible to everyone.
• Low-cost international transfers with low tariffs.
• The necessary functionality is present to make all kinds of money delivery transactions, including issuing cash at specially created delivery points.
• Worldwide service is available in almost every country. The company operates in 170 countries.

What dynamics do we observe:

• According to data on independent sites, in 2023, more than 30 thousand reviews were posted on Trustpilot. 89% of them were marked as five stars, which indicates complete customer satisfaction.
• This website’s data show that as of 2024, people had made more than 35,000 comments. Although the satisfaction percentage decreased slightly, it has not decreased significantly and is 85%.

The overall rating on Trustpilot today is 4.1 stars. It’s much higher than average.

Negative Reviews and Their Essence

Let’s look at the 1-star rating. Here are the topics people responded to:

• Digital wallet transfers have weak support. Customers note the long duration of the response, the many stages of data verification, and the messages that do not receive a response.
• Some issues were blocking payments for less than the established limit. The client’s account was blocked, and his money was not transferred from Germany to Tajikistan.
• There have been transportation delays for more than 15 days. The client says this is not a quick money remittance. Most likely, these are isolated cases that can happen in different systems.
• Many documents are requested. Users note that it would be better to make a list that can be sent simultaneously rather than one piece at a time.
• Slow responses from support.

Let’s immediately note that only 8% of all people who use this site for reviews gave 1 star. Always remember that there are no businesses with complete customer satisfaction. Different situations occur even in banks. The service offers maximum easy international payments and is improved compared to previous years. 

The company significantly expanded the list of countries and introduced the most popular currencies for conversion. We will continue to monitor the development of events.