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

With features such as low fixed fees, advance exchange rates, faster transfer speeds and the ability to make digital end-to-end international payments instantly, this partnership will enable Paysend to change the way communities in Morocco manage money online around the world.

Alex Beassonov, 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 get more affordable rates and faster processing speed when sending important remittances. With Paysend’s easy-to-use app, automated phone number and text ID verification, users can benefit from a quick and easy sign-up process, allowing them to make immediate transfers through the Paysend platform.”

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

Paysend partners with Damane Cash to enable transfers to Morocco

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