Paysend partners with Damane Cash to enable transfers to Morocco

LONDON – JULY 28, 2022 – Paysend, the UK-based FinTech with over 7 million customers, today announces a partnership with Damane Cash, a payment institution and subsidiary of Bank of Africa, to enable money transfers to Morocco.

With features like low fixed fees, upfront exchange rates, faster transfer speeds, and the ability to make instant and digital end-to-end international payments, this partnership will enable Paysend to transform the way Moroccan communities manage money online globally.

Alex Bessonov, Group Head of Network Development and Strategic Partnerships at Paysend, said, “This partnership between Damane Cash and Paysend will encourage users around the world to connect across borders and send money to support loved ones. in Morocco. They will benefit from more affordable rates and faster processing speeds when sending large funds. With Paysend’s easy-to-use app, automated verification of phone numbers and text IDs, users can benefit from a quick and easy onboarding process, allowing them to immediately transfer through the platform. Paysend.

To start sending money to Morocco, download the Paysend app from the App Store or Google Play, or visit to learn more.

Paysend is an integrated, next-generation global payment ecosystem, enabling consumers and businesses to pay and send money online anywhere, anyhow, and in any currency. Paysend is based in the UK and has a global reach having been established in April 2017 with a clear mission to change the way money is moved around the world. Paysend currently supports cross-network operability globally across Mastercard, Visa, China UnionPay, and local ACH and payment systems, providing over 40 payment methods for online SMBs.

Paysend can send money to over 150 countries worldwide and has attracted over seven million consumers to its platform. As an end-to-end global payment platform, Paysend has its own global network of international and local banks and payment systems and has partnerships with major international card networks Visa, Mastercard and China Union Pay as a member main and certified processor.

For more information, visit

BMCE Cash is the payment institution of Bank of Africa, one of the main pan-African financial groups, established in 32 countries.

Since 2007, BMCE Cash operates as a company specializing in money transfer which offers treasury financial services through more than 800 branches in the Kingdom of Morocco. Today, BMCE Cash invests massively in new technologies and thus becomes the technological hub of the Bank Of Africa group for digital transfer services.

For more information:

Alan Duerden
PR and Communication Manager
+44(0)7841 028307
[email protected]

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