Paysend was born in April 2017 with the vision to change the way people manage their everyday finances. We started as a team of experts from banking and payments who became frustrated by the time and complexity of traditional bank systems.
Pays XDR is based on basket of currencies (USD, EUR, GBP, CNY, JPY) following IMF’s methodology for Special Drawing Rights, which is currently not tradable and only used for settlements between central banks. We make it digital and available to everyone, by issuing XDR token on Stellar and holding 100% collateral reserve. We’re going to make regular audits of our reserves by independent 3rd-party.
We were the first Fintech to introduce a global card to card transfers to connect 12 billion cards issued by international payment systems: Mastercard, Visa, China Union Pay and local cards schemes. We serve over 1,400,000 customers in more than 80 countries globally.
We launched Paysend Link, a WhatsApp for money transfers where money is sent as simply as a text message, instant and with fixed fees.
We are providers of Business to Business services with more than 40 payments methods for over 25,000 online merchants. We support more than 1.5 million transactions every month.
Ripple / XRP LIquidity is called ODL
Find me on twitter: @sentosumosaba
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