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TransferGo teams up with tell.money to boost payment security

By Gloria Methri

February 04, 2025

  • Confirmation of Payee
  • CoP
  • FinTech
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TransferGo, tell.money, Fintech News, Fintech solutions, Fintech, International Money Transfer, UKGlobal remittance provider TransferGo has partnered with tell.money to implement Confirmation of Payee (CoP) technology, further reinforcing its commitment to fraud prevention and customer security.

With a customer base exceeding 8 million across 160 countries, TransferGo continues to prioritise accessible, fast, and secure financial services. The integration of CoP technology with tell.money adds layer of security to its payment ecosystem, mitigating the risks of fraud and misdirected transactions while ensuring a safer and more seamless experience for customers.

Simon Moran, Chief Commercial Officer at TransferGo, said, “At TransferGo, our customers’ security and peace of mind are at the core of everything we do. By integrating Confirmation of Payee technology, we are not only enhancing fraud prevention but also empowering our customers with greater confidence in their transactions. Our partnership with tell.money reflects our unwavering commitment to innovation, trust, and delivering a secure and reliable financial experience.”

David Monty, CEO at tell.money, added, “We are proud to partner with TransferGo to drive security and trust in digital payments. Our mission has always been to support the financial ecosystem by enhancing security measures and removing barriers to financial access. Through Confirmation of Payee, we are helping TransferGo create a safer, more inclusive financial experience for millions of users worldwide.”

The implementation of CoP technology aligns with TransferGo’s broader mission of providing fair, accessible, and secure financial solutions for both personal and business transactions. As fraud prevention remains a critical concern in the digital payments landscape, this partnership marks a significant step toward safeguarding consumers and ensuring a more reliable financial ecosystem.

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