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Fintech

Paysend’s New White Paper Explores the Opportunities for Digital Money in the World After COVID

Paysend has announced that their latest White Paper entitled “Digital Money in a Post-Covid world “has been published. The companies Head of Branding, Alberto Macciani, digs deep into the prolific expansion of digital money over the last 12 months and demonstrates just how we will see the landscape of financial technology shift, revolutionising the way we manage our money on a daily basis. 

As one of the first Fintech to introduce global card to card transfers and connect 12 billion cards across Mastercard, Visa, China UnionPay and Alipay, Paysend ask: What have we learnt over this year of a global pandemic? What changes need to be made in our everyday lifestyle? How can they improve upon the Paysend experience for users? 

Their goal is to harness our resources to provide digital money solutions that make life that much easier for our customers and remove any unrequited hassle. Within the White Paper, they discuss how recent experience of lockdowns, social distancing and travel bans has caused the digital world to evolve and develop new ways of working, problem-solving using financial technology to navigate our surrounding restrictions. They show examples of the way customer behaviour has changed; everyday practices being adjusted when entering back out into the world. The care for our health and well-being of the up-most importance whilst also ensuring our finances are secure in the midst of so much uncertainty. 

Forecasting for the future and Paysend’s role to play 

Since March of 2020, the Covid pandemic has sparked one of the biggest upheavals in consumer habits and forced us all to adapt. Businesses have been put under immense pressure this year, budget cuts and furlough/employment retention schemes becoming a necessary evil to keep afloat. 

In the White Paper they expand on their belief that we will see more: 

  • Freedom in the use of money 
  • Independence when managing finances 
  • Speed when moving funds 
  • Safety when securing, moving and investing 
  • Connectivity made easier and simpler 

To read the whitepaper in full, click here.

Author

  • Polly is a journalist, content creator and general opinion holder from North Wales. She has written for a number of publications, usually hovering around the topics of fintech, tech, lifestyle and body positivity.

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