{"id":567811,"date":"2025-04-15T10:12:51","date_gmt":"2025-04-15T09:12:51","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=567811"},"modified":"2025-04-15T10:12:51","modified_gmt":"2025-04-15T09:12:51","slug":"paysend-partners-with-tink-to-power-faster-open-banking-transfers","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/paysend-partners-with-tink-to-power-faster-open-banking-transfers\/","title":{"rendered":"Paysend partners with Tink to power faster open banking transfers"},"content":{"rendered":"<p class=\"\" data-start=\"216\" data-end=\"473\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-524132 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/11\/ibs_paysend-300x300.jpg\" alt=\"Paysend, Tink, Open Banking Payments, FinTech, UK, Europe\" width=\"178\" height=\"178\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/11\/ibs_paysend-300x300.jpg 300w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/11\/ibs_paysend-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/11\/ibs_paysend-100x100.jpg 100w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/11\/ibs_paysend.jpg 400w\" sizes=\"auto, (max-width: 178px) 100vw, 178px\" \/>London-based FinTech <a href=\"https:\/\/linktr.ee\/Paysend\">Paysend<\/a> has joined forces with <a href=\"https:\/\/tink.com\/\">Tink<\/a>, a Visa Solution, to enhance its Open Banking functionality.<\/p>\n<p class=\"\" data-start=\"475\" data-end=\"850\">Through the integration of Tink\u2019s 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.<\/p>\n<p class=\"\" data-start=\"852\" data-end=\"1106\">The <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/tink-adyen-recharge-partner-to-introduce-pay-by-bank-in-germany\/\">partnership<\/a> 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.<\/p>\n<p class=\"\" data-start=\"1108\" data-end=\"1195\">By tapping into Tink\u2019s broad network of bank connections, Paysend users gain access to:<\/p>\n<ul>\n<li data-start=\"1198\" data-end=\"1284\"><strong data-start=\"1198\" data-end=\"1216\">Wider coverage<\/strong> \u2013 Support for a larger number of banks and financial institutions<\/li>\n<li data-start=\"1287\" data-end=\"1366\"><strong data-start=\"1287\" data-end=\"1310\">Faster transactions<\/strong> \u2013 Direct bank authentication for quick fund transfers<\/li>\n<li data-start=\"1369\" data-end=\"1434\"><strong data-start=\"1369\" data-end=\"1391\">Increased security<\/strong> \u2013 Fewer errors and reduced risk of fraud<\/li>\n<li data-start=\"1437\" data-end=\"1532\"><strong data-start=\"1437\" data-end=\"1462\">Simplified experience<\/strong> \u2013 Convenient transfers with fewer steps, straight from mobile devices<\/li>\n<\/ul>\n<p><strong>Paysend\u2019s Global Head of Network &amp; Partnerships, James Cresswell<\/strong>, said, \u201cAt Paysend, we are constantly innovating to make Cross-Border\u00a0money 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.\u201d<\/p>\n<p><strong>Ian Morrin, Tink\u2019s Head of Payments,<\/strong> added, \u201cWe 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.\u201d<\/p>\n<p>With Tink\u2019s Open Banking technology, Paysend is helping users fund transactions more easily and securely, making international money transfers more accessible, efficient and hassle-free<\/p>\n","protected":false},"author":35737,"featured_media":527412,"parent":0,"template":"","categories":[11378,11384],"tags":[11668,11508,11515,43942,23286,20572,16301,13667,13901,11406,11726],"class_list":["post-567811","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-open-banking","category-payments","tag-cross-border-payments","tag-europe","tag-fintech","tag-global-money-transfers","tag-international-transfer","tag-open-banking-payments","tag-open-banking-technology","tag-paysend","tag-tink","tag-uk","tag-visa"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Paysend partners with Tink to power faster open banking transfers<\/title>\n<meta name=\"description\" content=\"London-based FinTech Paysend has joined forces with Tink, a Visa Solution, to enhance its Open Banking functionality.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/paysend-partners-with-tink-to-power-faster-open-banking-transfers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paysend partners with Tink to power faster open banking transfers\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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