MoneyTO and Paynet have launched money transfers to Moldova on Mastercard cards
Feb 01, 2024
Paynet, in collaboration with the British company MoneyTO, has launched a money transfer service to Mastercard cards issued by any bank in Moldova.

Paynet, in collaboration with the British company MoneyTO, has launched a money transfer service to Mastercard cards issued by any bank in Moldova. Customers can now receive money transfers from the United Kingdom in a matter of seconds, 100% online.

The partnership with Paynet continues MoneyTO's strategy to strengthen its presence in the money transfer market in the Republic of Moldova and expand the range of services and products offered to its customers. MoneyTO has been conducting money transfers in Moldova for over 10 years and demonstrates steady growth in this direction. Previously, transfers could be received in cash at service points or bank accounts, but now, thanks to cooperation with Paynet, customers have more options, and transfers are also possible to Mastercard cards.

"Our company aims to create not only convenient financial solutions but also to be a promoter of positive change in society. We appreciate the trust and support of our customers, and our team will continue to improve and expand our services to meet the expectations of our users. Together with MoneyTO, we are opening new horizons for the residents of Moldova, offering them convenient and accessible financial tools to improve their daily lives," said Paynet CEO Călin Gryadchenko.

"Our customers in Moldova have been interested in direct card-to-card transfers – it is convenient, fast, and reliable. Our cooperation with Paynet has allowed us to offer them a service that greatly simplifies the process of receiving transfers. There is no need to stand in line or exchange currency. Everything has become much easier with MoneyTO," said MoneyTO's director, Galina Selicka.

Transfers from the United Kingdom to Moldova can be sent online on the website www.moneyto.co.uk or through the MoneyTO mobile app, which is also available in Romanian. It is sufficient to know the recipient's name, surname, and card number. The transfer is received directly on the Mastercard card in the national currency – Moldovan lei. The commission is one of the lowest on the market – 1 GBP per transfer, regardless of the transfer amount. For new customers, MoneyTO is running a promotion where the first two transfers can be made absolutely free.

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