Paysend Referral Code

What is Paysend?

Paysend is a card-to-card international money transfer service that advertises transfers to over 170 countries around the world. Money moves from your card to a recipient's card rather than through a traditional bank wire. Customers in the EEA contract with Paysend EU DAC, an electronic money institution authorised and regulated by the Central Bank of Ireland under firm reference C443739, while UK customers are served by Paysend PLC, authorised by the FCA under firm reference 900004.

The company runs a refer-a-friend scheme called Paysend Bonus. Both sides are rewarded, but not with the same thing and not at the same time. That asymmetry is the most important thing to grasp before you invite anyone.

How the Paysend referral code works

The Paysend referral code works differently for each side. When a new customer enters an invite code while completing their first transaction, Paysend waives its own service fee on that transaction automatically. That is the friend's entire reward: one fee-free transfer, not a cash bonus paid into an account.

The referrer's side accrues over time instead. You earn GBP 1.50, EUR 2.25 or USD 3, or the local equivalent, for each international transfer the friend makes on which a service fee is paid to Paysend. Because the friend's first transfer carries no fee, your earnings begin from their second transfer. Earning runs to a maximum of 12 fee-paying transfers within 12 months of the friend registering, which is exactly where the per-friend ceiling of GBP 18, EUR 27 or USD 36 comes from: the cap and the transfer limit are the same rule stated twice.

Amounts are country-denominated, and Paysend, not the customer, chooses the reward currency, so a figure quoted on a UK page is not the figure an EEA customer should expect to see.

How to use the Paysend referral code

The code can be applied at two moments, both before or during the friend's first transfer. Nothing is credited retroactively, so a friend who has already registered and transferred without it cannot be added afterwards.

• Open the Paysend app and find your invite code or referral link under Profile > Invite Friends.
• Share it with someone who does not yet have a Paysend account.
• Your friend either signs up using your link, or enters the code while completing their first transfer.
• Your friend completes registration and identity verification.
• Your friend's first international transfer goes through fee-free.
• From your friend's second transfer onward, each fee-paying international transfer credits your bonus balance.

Eligibility and requirements

Two separate country restrictions apply, and they are easy to confuse because one country appears on both. The program itself is unavailable to customers registered in Brazil, Chile, Colombia, Kazakhstan, Moldova, Peru and Uzbekistan. Separately, withdrawing a bonus balance is blocked in Moldova, Ukraine, Belarus and China, so someone in Ukraine, Belarus or China can take part without being able to cash out. Moldova is the country that appears on both lists. No EEA country appears on either list.

The transfers themselves also have to qualify. Only international transfers count, and same-currency transfers are excluded. The friend has to complete identity verification first, and the transfer has to be one on which Paysend actually charged a service fee. Any attempt to work around the rules using multiple identities, registrations or logins voids that customer's participation.

Reward details and tips

Your earnings land in a Paysend Bonus account inside the app rather than arriving as a bank transfer. You can withdraw to a local bank card once you hold at least GBP 5, EUR 5 or USD 5. That floor is worth the arithmetic: at EUR 2.25 per fee-paying transfer, one friend has to make three fee-paying transfers before you can withdraw anything at all. One signup is not the same as one active sender.

A second ceiling is easy to miss. On top of the per-friend cap, Paysend's Marketing Terms and Conditions limit total bonus to GBP 88, or local equivalent, over any 12 month period. That is the real annual maximum however many people you invite, just under five fully maxed friends. Unused bonus must be spent within one calendar year, and it lapses if you close your account.

• Work out which cap you will hit first, the per-friend one or the GBP 88 annual limit across everyone.
• Remember earning starts at your friend's second transfer, so a friend who sends once and stops earns you nothing.
• Confirm your registration country is not one of the seven excluded ones before counting on the program.
• Check separately whether bonus withdrawals are available where you are registered, since the two lists differ.
• Spend or withdraw the balance within the year, and do not close the account while money sits in it.

Sharing the code and comparing the real cost

One detail genuinely sets this program apart. Paysend's Marketing Terms and Conditions state that you can pass the invite code to an unlimited number of people, and the live bonus page repeats that there is no limit on how many people you can invite. Several competing transfer services restrict where a code may be posted or ban public sharing outright, so express permission is unusual. The only related limits are anti-abuse clauses about multiple identities and about the promotion not being resold or exchanged for cash.

The more useful point is what to weigh when picking a provider at all. A waived fee applies once, whereas the exchange rate and the fee apply to every transfer after it. Compare the total landed cost, rate plus fee, on the corridor and amount you actually send, and check it against the same transfer elsewhere before letting a one-off bonus decide.

This page explains how the program works and does not host a working code, since an invite code comes from an existing Paysend user's own account. Amounts, caps and country lists can change, so confirm current terms in the app.

Paysend referral code FAQ