How Open Banking Helped Paysend Boost Transaction Volume by 125% in One Year

Paysend, a global payment ecosystem, has seen a 125% increase in transaction volume within one year after integrating Payment Initiation through Plaid. This integration allowed customers to top up their accounts more easily and quickly, leading to higher customer satisfaction rates and reduced complaints. The partnership with Plaid also enabled Paysend to expand its services across the UK and EU.