Paysend: Simple Money Transfer

Paysend is a mobile application for fast, secure, and low-cost international money transfers. It allows users to send money worldwide to over 170 countries with transparent fees and real-time exchange rates, offering options like bank transfers, mobile wallets, and card-to-card transfers.

Paysend primarily focuses on international money transfers, which aligns with the 'Instant P2P Transfers' feature, as it allows users to send money to others. The website also mentions 'Secure & trusted service' with 'enterprise-grade security, PCI DSS compliance and 24/7 support,' which indicates fraud monitoring and security measures. However, it does not offer a prepaid debit card, early direct deposit, stock trading, or bitcoin trading, which are core 'must-have' features of the Cash App concept. While it facilitates money transfers, its scope is more limited to remittances rather than a full-fledged mobile banking and investment platform.