The service is open for everyone no matter who the user banks with. Spain is the third market with PagoFX after launches in the UK and Belgium earlier this year.
Madrid, 21 December 2020 - PRESS RELEASE
PagoFX, the low-cost international money transfer service, is now available in Spain. As the service is open to Spanish residents no matter who they bank with, anyone will have access to PagoFX’s fast and secure international payments. PagoFX is a part of PagoNxt, a new autonomous business created by Banco Santander to bring together its most disruptive payments businesses to compete with global digital payments platforms.
The service, launched in the UK and Belgium earlier this year, allows residents in Spain with any debit or credit card issued by any bank or financial entity to seamlessly and quickly send money abroad via their smartphone, with funds arriving in a matter of minutes in many cases and customer service support via in-app chat, web and e-mail. PagoFX brings together the best of fintech with the smarts and security of a bank as Santander.