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TransferGo and Tink Collaborate to Enhance International Money Transfers

May 03, 2024
1 Min Read

To offer a more effective and safe way to send money internationally, TransferGo has teamed up with Tink to incorporate Pay by Bank into its payments service.

Customers in the UK may now send money overseas safely and swiftly thanks to TransferGo's integration of Pay by Bank.

 

With the use of open banking, this account-to-account payment option simplifies the payment procedure and gives consumers a quick and affordable way to start transactions.

 

"Our goal is to make the world more equitable for all people." According to Simon Moran, Chief Commercial Officer of TransferGo, "Pay by Bank by TransferGo helps bridge the gap for individuals who may have previously been excluded from accessing or participating in financial services by offering a straightforward, reasonably priced, and secure way to send money internationally." "We can provide a reliable, safe, and quick solution through the Tink partnership, simplifying international payments and fostering more favorable circumstances for global financial inclusivity."

 

One of the easiest ways to make payments online is through your bank, said Ian Morrin, Head of Payments and Platforms at Tink. Pay by Bank has a huge chance to positively impact individuals transferring money abroad since it provides a straightforward method for users to send money more swiftly, cheaply, and securely.

 

"At Tink, our goal has always been to give customers access to the most cutting-edge payment options while also facilitating financial services. By collaborating with TransferGo, we can help them in their effort to lower obstacles for their clients by providing a payment option that enhances and streamlines money transfers; this is just another step in the direction of improving financial services.

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