Paysera provides a service for cash pickup transfers

Paysera has announced the launch of a new service for cash pickup transfers. Now all clients of the payment system can make cash transfers to Ukraine. At the moment, these transfers are available only in EUR, but money can be converted into the chosen currency at the bank department if necessary.

Paysera provides a service for cash pickup transfers

The new service is very convenient. The sender makes an online transfer, and the recipient receives the money in cash in another country at the branch offices of the payment system’s partners.

Cash transfer is convenient because it does not require the recipient to have a bank account. To receive cash, it is enough to provide a passport and a cash pickup code at the dedicated cash withdrawal locations. In order to make a transfer, the sender only needs to know the name, surname and date of birth of the recipient.

This cash transfer method is advantageous for many reasons. For example, it allows sending money to elderly people who might not know how to use special applications. This service will also be useful when it is necessary to send money urgently and not losing a lot on high fees.

At the moment, Paysera cooperates with IPS GlobusBank. You can receive cash transfers at the branch offices of this bank. Later, the payment system plans to expand the list of partners and add the option to make cash transfers to other countries.

The representatives of the company are confident that the new service will be in demand despite the high competition. Paysera also seeks to help Ukrainians in these challenging times.

Binance also expresses support for Ukrainians. The crypto exchange launched a card for refugees from Ukraine. This card is available for current and future Binance users. If you do not have a Binance account, register it with us and get additional bonuses from VipDeposits.

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