Paytend

Paytend is a company that holds an EU EMI license, which means they are authorized to provide electronic money services in the European Union. They take the privacy and security of user data very seriously and strictly adhere to the General Data Protection Regulation (GDPR) and the Payment Services Directive 2 (PSD2) to ensure the safety of their customers' information.

One of the services offered by Paytend is the ability to open a SEPA account. This can be done easily and conveniently through their app, and users can have their own account with their name and IBAN. This allows for quick and secure money transfers within the Single Euro Payment Area (SEPA), with transactions being completed in just one minute through SEPA Instant. Additionally, Paytend also supports cross-border wire transfers in 37 currencies from 57 countries through SWIFT, making it easy to transfer money globally.

For those looking to transfer money to China, Paytend offers the unique feature of being able to transfer funds to China UnionPay Cards without any limits. This makes it a convenient option for those who frequently send money to China. Paytend also allows for currency exchange at real-time rates, with no exchange differences and no commission fees. This means users can exchange between 37 currencies quickly and easily without any additional costs.

Another feature of Paytend is the ability to get a bank card with just a few clicks. They offer Visa and Mastercard options that can be issued in real-time and used for global consumption and ATM withdrawals. These cards can also be used for online and in-store payments, making it a versatile and convenient option for users.

For businesses, Paytend offers a powerful solution for cross-border e-commerce settlement. This allows for fast and efficient transfer of funds with ultra-low commission fees. Their business account also has a system in place for handling batch payments, making it easy to gather and transfer funds worldwide. With all these features, Paytend is a comprehensive and reliable option for individuals and businesses alike.