Paysend partners with Tink to power faster open banking transfers

By Gloria Methri

London-based FinTech Paysend has joined forces with Tink, a Visa Solution, to enhance its Open Banking functionality.

Through the integration of Tink’s Open Banking technology, Paysend aims to improve payment speed, security, and coverage across key global regions. Customers in selected markets can now seamlessly authenticate and fund international transfers directly from their bank accounts, eliminating the need to enter details or navigate multiple security steps manually.

The partnership enables Paysend to deliver smoother, faster, and more secure payments while expanding its Open Banking reach to new geographies. This allows more customers to initiate global money transfers with minimal friction and enhanced protection.

By tapping into Tink’s broad network of bank connections, Paysend users gain access to:

• Wider coverage – Support for a larger number of banks and financial institutions
• Faster transactions – Direct bank authentication for quick fund transfers
• Increased security – Fewer errors and reduced risk of fraud
• Simplified experience – Convenient transfers with fewer steps, straight from mobile devices

Paysend’s Global Head of Network & Partnerships, James Cresswell, said, “At Paysend, we are 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 are 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 that 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