Paysend vs WorldRemit
Paysend
paysend.com
WorldRemit
worldremit.comSide by side
| Figure | Paysend | WorldRemit |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 3 | 0 |
| Spec score · Money Transfer Apps | 8.8 (#10) | 7.9 (#48) |
| Spec score · Peer-to-Peer Payment Apps | 8.5 (#7) | 7.1 (#23) |
| Upfront fee display | Yes | Yes |
| Founded | LinkedIn lists the company as founded in 2017. | 2010 |
| Headquarters | Edinburgh, Scotland, United Kingdom | The company page describes London as WorldRemit's headquarters; its site lists 167-169 Great Portland Street, 5th Floor, London W1W 5PF, United Kingdom. |
| Mobile platforms | both | both |
| Payment methods | The iOS listing says users can fund transfers by debit card, credit card, bank transfer or Apple Pay. | Sender payment options include debit, credit, and prepaid cards, bank transfer, and country-dependent methods such as Apple Pay, Interac, POLi, iDEAL, Klarna, and Trustly. |
| Security | Paysend’s security article says transfers follow Visa, Mastercard, China UnionPay, FCA, and PCI DSS standards. | WorldRemit says its website and apps are designed to prevent unauthorized account access and transfer fraud, with identity verification and transaction monitoring by dedicated analysts. |
| Transfer limits | Limits depend on the customer’s verification tier and country, and additional ID verification may raise them. | The maximum amount a customer can send depends on where they live and how they pay, and services and payout options vary by sending and destination country. |
| Transfer speed | instant | Transfers usually arrive within minutes, but timing can vary with payout method, identity checks, payment authorization, third-party operating hours, and incorrect information. |
| Transfer tracking | Customers can track transfers, and the app provides notifications when money arrives. | The app lets customers track transfers and view status updates. |
| What it does | Paysend sends international transfers from a phone or web account to cards, bank accounts, digital wallets and, where available, cash pickup. | WorldRemit provides digital international money transfers. |
Plans
Paysend
- Personal international transfer$1.99, paid once
- Enterprise Payout APIPriced on request
- International money transfersPrice not published
In their own words
WorldRemit
WorldRemit provides digital international money transfers through its website and Android and iOS apps. Customers can send money to over 130 countries. Depending on the countries involved, recipients can receive a bank transfer, collect cash, get mobile money, or receive an airtime top-up. Most transfers arrive within minutes, though some take longer depending on the receive method. Fees and exchange rates are shown before payment, and the total cost depends on the receiving country, payout method, and payment method. WorldRemit says it uses the mid-market exchange rate and charges no fees for airtime top-ups.
Available ways to pay vary by sending country and may include bank transfer, debit card, or credit card. The app offers transfer tracking, scheduled transfers, exchange-rate alerts, and Quick resend for favourite recipients. In-app chat support is available 24/7 in six languages. A recipient does not need a WorldRemit account, though cash pickup requires valid photo ID matching the transaction details and the transaction reference. WorldRemit says it is licensed by government regulators and checks transfers for security. The company is headquartered in London, was founded in 2010, and is part of Zepz.