Paysend Acquiring.
Use Cases and Deployment Scope
Paysend uses Checkout to acquire Various payment methods, such as Visa, Mastercard, and Giropay. This acquisition acts as funding for remittances, which are processed via Payment. Paysend uses Checkout.com in markets without direct scheme access, such as the US. Additionally, we plan to use Payouts from our US entity to Visa and Mastercard.
Pros
- Customer Success.
- Value Added Service.
- Industry Expertise.
Cons
- More Markets Globally.
Return on Investment
- We utilize Checkout to deal with transactions with certain issuers due to the superior acceptance rates.
- Checkout supported the growth of our EU business to become a 1.4bn per year volume.
- We have seen a 4% uplift in acceptance in the US since adopting IA.
Alternatives Considered
Worldpay from FIS and Nuvei
Other Software Used
Onfido, Plaid


