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Paysend and TelevisaUnivision partner to enable Card-to-Card money transfer to Latin America

By Delisha Fernandes

May 09, 2023

  • Fintech news
  • FinTech USA
  • Latin America
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PaysendPaysend, a card-to-card transfers and payments platform, has announced a new strategic partnership with a Spanish-language content and media company, TelevisaUnivision.

As part of the partnership, TelevisaUnivision will become a shareholder in Paysend and will help the brand scale its presence with US Hispanics and Latinos globally by leveraging TelevisaUnivision’s massive reach and media assets.

For TelevisaUnivision, this partnership reinforces its commitment to empowering its audience with the tools they need to stay connected to their families and communities, no matter where they are.

The US/LATAM market is a top priority for Paysend, serving the 62 million Hispanic population based in the US representing 20% of the overall population.

A significant population in Latin America is unbanked but still relies on money being sent from family members that have migrated to the US. Without a bank account, they can use expensive, time-consuming, and unsafe methods to send and receive remittances.

Paysend’s commitment to financial inclusion now brings a safe and affordable alternative through its instant card-to-card offering. With this partnership, TelevisaUnivision joins Paysend’s mission to make money transfers simple and accessible to everyone.

The partnership will allow Paysend to expand its global reach and further develop its technology, making it easier for users in the US to send money to families and businesses in Latin America.

Paysend is an integrated payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow and in any currency. It supports cross-network operability globally across Mastercard, Visa, China UnionPay and local ACH and payment schemes, providing over 40 payment methods for online SMEs.

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