PAQ Send: A New Digital Remittance Solution Connecting the U.S. and Guatemala

PAQ Send is a new digital remittance application designed to make money transfers from the United States to Guatemala faster, safer, and more affordable. Through a strategic alliance, PAQ Wallet and Leap Financial are connecting Guatemalan families across borders with a modern and efficient financial solution.

A strategic alliance to modernize remittances

PAQ Wallet, a Guatemalan fintech focused on financial inclusion, has partnered with Leap Financial, a U.S.-based company specializing in cross-border payments infrastructure, to launch PAQ Send, an app that allows Guatemalans in the U.S. to send money directly to PAQ Wallet accounts or bank accounts in Guatemala.

“This partnership strengthens the digital remittance channel and brings families closer through faster and more secure transfers,” the companies stated.

Fast, secure, and accessible money transfers

Users can send money using credit cards, debit cards, bank accounts, or cash at more than 99,000 locations across the United States, including Walmart, 7-Eleven, CVS, and Walgreens.

Transfers are processed digitally, often within minutes, depending on the network and partner verification, and are offered at competitive costs compared to traditional remittance methods.

A solution designed for Guatemalan families

The launch of PAQ Send aims to reduce both the cost and time associated with remittances, strengthening electronic transfer channels. According to industry estimates, digital remittances account for over 50% of global remittance flows and continue to grow at an annual rate exceeding 20%.

In 2024 alone, remittances sent from the United States to Guatemala surpassed $20 billion, playing a critical role in economic development and improving the quality of life for millions of families.

Reinforcing financial inclusion through digital services

With this alliance, PAQ Wallet reinforces its commitment to transforming access to digital financial services and building a more direct, secure, and modern bridge between Guatemalans living in the United States and their loved ones back home.