PSI-Pay is one of the most advanced payment systems in the world that works with prepaid cards. The company has grown exponentially over the past few years because their prepaid cards offer the same service as a traditional bank. Young Europeans have turned away from traditional banks because they want to have more versatility, more buying power, and pay less in fees every month. Look at what the partnership between Western Union and PSI Pay can do for the young person who wants to protect their money.
- Who Is PSI Pay?
PSI-Pay is a company that started out with prepaid cards for young people who could not or would not get bank accounts. The PSI Pay brand has grown over time because of their popularity with young people, and they are branching out to work with other companies as needed. There are many people who have turned to PSI-Pay, but they need more help using international money transfer services.
- Western Union
The partnership with Western Union is one that allows people to accept money transfers from anywhere in the world. Western Union has been lauded over the last century for the way that they handle money orders and transfers. They were once available only to traditional banks, but they have changed their business model to help people with prepaid cards to receive money. PSI-Pay now takes transfers from Western Union, and that increases buying power for PSI Pay customers.
— PSI-Pay (@PSIPayLtd) February 10, 2016
- Who Uses PSI Pay?
PSI-Pay was set up for young people who were not interested in working with regular banks. They thought that they could attract more customers by offering prepaid cards, and they have created a system that allows people to put money on their cards at any time. They start their customers with a card that can be used at any time, and they do not charge extra money for customers to manage their money. Partnering with Western Union makes it easier for their customers who are getting money from friends and loved ones across the globe.
Western Union is a good partner for PSI-Pay, and there are a lot of people who can start using PSI Pay because they now have the security of being able to work with Western Union. This is a cheaper way to manage money, and it saves people money every day as they make purchases.