Breaking News
Money Transfers made easy with Skrill Send Direct
Paysafe’s peer to peer payment service supports the underserved
Paysafe has launched Skrill Send Direct, a new money transfer service offered by Skrill, a Paysafe digital wallet that provides consumers with online stored value accounts.
Available to millions of Skrill users, Skrill Send Direct provides consumers with enhanced money transfer options, over and above wallet-to-wallet and wallet to e-mail address transactions, by enabling them to send money from anywhere in the world directly to bank accounts and mobile wallets in over 35 countries easily and quickly.
Skrill users can transfer money in 40 different currencies, and recipients benefit from having a variety of payment-receipt options to choose from to suit their needs. Recipients are not required to have a Skrill wallet to receive the funds.
According to the World Bank, the money transfer and remittances industry is growing. The total value of money transferred using remittances worldwide reached US$582.4 billion in 2016, and the World Bank estimates 3% to 4% per year growth in 2017 and 2018.
CEO Digital Wallets at Paysafe, Lorenzo Pellegrino, said: “Growing globalisation has increased the importance of money remittance, which plays a pivotal role in helping those in underserved geographies to participate in a global financial system.”
“Our new money transfer service, Skrill Send Direct, closes this gap by helping people move money faster and more easily, at low cost. It also offers a choice of local ways for people to choose how to receive money.”
To find out more about Skrill Send Direct, click here.
- Bitget Launches QR-Based Payments for Daily Needs, Targets 2.2 billion Users Globally Read more
- Belize Bank Expands e-commerce Acceptance in the Cloud with BPC, Marking a Decade of Payments Modernization Read more
- Alkami and Cornerstone Advisors Release the 2026 Digital Banking Performance Metrics Report for Retail and Business Banking Read more
- UK Fintech Payments Company Icon Solutions Honoured With King’s Award For Enterprise Read more
- Fintech Marketing Community 2026: The New FinTech Marketing Playbook – Trust, Authenticity, and Customer-Centric Growth Read more
Bitget Launches QR-Based Payments for Daily Needs, Targets 2.2 billion Users Globally
Bitget, the world’s largest Universal Exchange (UEX), has introduced its Scan to Pay feature on Bitget Pay, enabling users to spend USDT directly at offline merchants by scanning QR codes through the Bitget App.
Belize Bank Expands e-commerce Acceptance in the Cloud with BPC, Marking a Decade of Payments Modernization
The Belize Bank Limited is redefining the country's digital economy with the launch of cloud-based e-commerce acquiring. By expanding its SmartVista-powered capabilities to include secure online transactions, the country’s most enduring full-service bank is removing barriers for Belizean merchants. This milestone marks ten years of payments innovation alongside BPC, reinforcing The Belize Bank’s commitment to driving a modern, secure, and accessible financial future.
Alkami and Cornerstone Advisors Release the 2026 Digital Banking Performance Metrics Report for Retail and Business Banking
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced the release of its new research, the 2026 Digital Banking Performance Metrics Report, commissioned by Alkami and conducted by Cornerstone Advisors. Now in its seventh year, the report expands beyond retail banking for the first time to include new benchmarks for business digital banking, while continuing to deliver insights into digital banking adoption, user engagement, and performance trends.
UK Fintech Payments Company Icon Solutions Honoured With King’s Award For Enterprise
Icon Solutions, the UK fintech enabling banks to design and implement state-of-the-art payment systems, has been awarded a prestigious King’s Award for Enterprise in the Innovation category.
FIS Selected to Streamline Reconciliations for Australia’s Largest Bank
FIS has been selected by the Commonwealth Bank of Australia to streamline reconciliations through FIS Data Integrity Manager
Keel Emerges From Stealth as Profitable BaaS Platform
Keel, the Manchester-based BaaS platform, is emerging from stealth after reaching profitability and building traction with a growing roster of fintech clients
£100billion Opportunity for British Consumers: How Digital Banking Can Transform the Financial Lives of UK Households
Digital tools that enable financial empowerment by supporting consumers to take control of their financial lives could unlock £100billion for households over the next decade, according to new research commissioned and published by Lloyds Banking Group
Bitget Launches QR-Based Payments for Daily Needs, Targets 2.2 billion Users Globally
Bitget, the world’s largest Universal Exchange (UEX), has introduced its Scan to Pay feature on Bitget Pay, enabling users to spend USDT directly at offline merchants by scanning QR codes through the Bitget App.
Belize Bank Expands e-commerce Acceptance in the Cloud with BPC, Marking a Decade of Payments Modernization
The Belize Bank Limited is redefining the country's digital economy with the launch of cloud-based e-commerce acquiring. By expanding its SmartVista-powered capabilities to include secure online transactions, the country’s most enduring full-service bank is removing barriers for Belizean merchants. This milestone marks ten years of payments innovation alongside BPC, reinforcing The Belize Bank’s commitment to driving a modern, secure, and accessible financial future.
Alkami and Cornerstone Advisors Release the 2026 Digital Banking Performance Metrics Report for Retail and Business Banking
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced the release of its new research, the 2026 Digital Banking Performance Metrics Report, commissioned by Alkami and conducted by Cornerstone Advisors. Now in its seventh year, the report expands beyond retail banking for the first time to include new benchmarks for business digital banking, while continuing to deliver insights into digital banking adoption, user engagement, and performance trends.
UK Fintech Payments Company Icon Solutions Honoured With King’s Award For Enterprise
Icon Solutions, the UK fintech enabling banks to design and implement state-of-the-art payment systems, has been awarded a prestigious King’s Award for Enterprise in the Innovation category.
Fintech Marketing Community 2026: The New FinTech Marketing Playbook – Trust, Authenticity, and Customer-Centric Growth
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Convergence of Competitive Rates and Digital Experience in Savings
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
MoneyPilot You Didn’t Know You Had: How MoneyPilot Is Turning Missed Settlements into Real Payouts
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]