Tashkent, Uzbekistan (UzDaily.com) –– The innovative Paysend service with the support of the partner bank in Uzbekistan Ipoteka Bank and the technical integrator PAYMO, launched international online remittances to cards issued in Uzbekistan.

Thanks to this service, you no longer need to go to the bank to send and / or receive a money transfer. Now, transfers to Uzbekistan can be sent online at paysend.com or by downloading the Paysend application in the App Store / Google Play.

Paysend is the first service in the world that transfers money between cards of banks of different countries in real time, and on incredibly favorable conditions. The coverage geography of the service currently totals more than 70 countries, and the number of Paysend users is close to one and a half million.

Dmitry Palchikov, Head of Money Transfers at Paysend Service: “We are very pleased with our presence in the market of Uzbekistan and our direct partnership with Ipoteka Bank. We see enormous potential in this region and look forward to a long and fruitful relationship. ”

The Paysend commission for international transfers is always fixed, is charged only from the sender, does not depend on the transfer amount and is: 49 RUB from Russia, 199 KZT from Kazakhstan, 1.50 EUR from Europe. “PAYMO. Uzbekistan”, being part of the international company“ PAYMO ”, provides innovative and safe IT solutions in the financial sector. Since its inception, the company has implemented many successful projects in the Russian Federation, Kazakhstan and Uzbekistan. In the Russian market, PAYMO works with leading banks such as VTB, Promsvyazbank, Alfa Bank. Such international experience helps us, working with banks in Uzbekistan, contribute to the development of electronic commerce, improve the country's payment system. We are very pleased that Mortgage Bank has chosen PAYMO as a technical integrator and we hope that our joint efforts will usher in a new era of convenient and profitable international online p2p transfers,” said the director of PAYMO.Uzbekistan Ilkhom Idiev.

All operations performed with the help of “Paysend” are carried out in full accordance with the requirements of the legislation of the countries where the service operates and where the bank cards used in transfers are issued. All technical solutions of the Paysend service are protected by modern banking standards and certified to the highest standard PCI DSS Level 1. Security of funding transfers is ensured by 3DSecure technology. Paysend also uses its own developments to verify cards and protect against fraud.

Having direct integration with international payment systems, as well as with local partner banks around the world, Paysend allows you to transfer money to Uzbekistan from Visa, Mastercard, MIR cards and from ordinary bank accounts. ”

Shukhrat Atabayev, Chairman of JSIB Mortgage Bank, said: “When launching this service, we first of all thought about our compatriots who work abroad and transfer money to their family in Uzbekistan. Now, the commission for transferring to Uzbekistan from Visa, Mastercard and MIR cards is the cheapest among all money transfer systems.”