PayPal Expands Money Transfer Service To 15 Countries

PayPal has announced a new agreement with online and mobile banking provider IND Group, The Paypers reported on August 23.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    PayPal will now offer money transfer functionalities to IND bank customers in 15 countries in Europe, the Middle East and Commonwealth of Independent States (CIS) nations. Users in these regions can send money via email, without a PayPal account.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    “Our goal is simple: we want to offer more payment choices for customers, create better opportunities for engaging customers and solve problems to make their experience better,” Balazs Vinnai, CEO of IND Group, said in a statement.

    For more on the deal, click here.