Chronicle Journal: Finance

Is Paysend Safe?

Individuals and businesses often need to opt for the services of various payment companies. One of such options is Payment. Before you become its customer, naturally, you would want to make sure that it is a safe payment system that is capable of protecting your data and money. Read this review to find out everything that you need to know about this matter.

What Is Paysend?

This company saw the light in 2017 to offer people a convenient way to manage their finances. In particular, it aimed at beating the imperfections of the traditional banking system. Currently, it offers more than 40 different payment solutions for small and medium businesses. More than 4 million individuals use the services of this company which operates in more than 60 locations.

The company keeps expanding to various parts of the globe. For example, its partnership with Alipay will help it gain popularity in the Chinese market.

How the Safety of Paysend Is Ensured? 

This payment company is fully regulated, and it does everything possible to ensure the highest level of protection of data and finances for its customers. There are a variety of brilliant security tools used for this purpose.

The license of Paysend PLC has been issued in the UK. The company is regulated by the FCA. The services are provided for US customers under partnerships with the Central Bank of Kansas City.

Paysend is also certified by the most known credit card brands including Visa and MC. The company is compliant with PCI DSS. Moreover, it utilizes 3D-Secure protection which also ensures the safe use of the system. A variety of measures aimed at preventing fraud are also used along with effective card verification technology.

All in all, the security of this payment solution is ensured comprehensively, so customers can use it without any worries to enjoy quick and hassle-free payments.

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