London, UK, June 1st, 2026 — TFY (Transformify Ltd), the leading Contractor of Record (COR) platform, today announced an expansion of its partnership with Paysend, significantly increasing the number of card networks supported for contractor payroll and vendor payouts.
Building on the successful collaboration with PaySend announced in 2023, TFY now enables businesses to make fast, secure and cost-effective contractor payouts across an expanded range of international and regional card schemes, helping organizations eliminate SWIFT intermediary fees. Through Paysend’s global payout infrastructure and push-to-card technology, TFY can send contractor payments directly to eligible cards across multiple networks, reducing reliance on traditional bank transfers and enabling faster access to earnings.
The expanded network coverage now includes:
- Visa Europe
- Visa International
- Mastercard Europe
- Mastercard International
- Uzcard & Humo (Uzbekistan)
- Elcart (Kyrgyzstan)
- UnionPay (China)
The addition of regional card schemes alongside major global networks significantly extends TFY’s contractor payment reach across Europe, Asia and emerging markets, enabling businesses to support a broader international workforce through a single contractor payroll and vendor management platform.
“Global businesses need payment infrastructure that moves as quickly as their global workforce,” said Lilia Stoyanov, CEO @TFY. “By further strengthening our partnership with Paysend and expanding support for additional card networks, TFY is making contractor payroll and vendor payouts more accessible, faster and more convenient for organisations operating across multiple countries.”
TFY supports real-time and near real-time contractor payouts to eligible cards, helping businesses streamline contractor payroll, eliminate payday uncertainty and improve global talent retention.
The enhanced payout capabilities are particularly valuable for companies managing distributed teams, global contractors and international suppliers, where timely payments and instant cross-border liquidity are critical for workforce satisfaction and operational efficiency.
Since launching their partnership, TFY and Paysend have enabled businesses to pay global contractors directly to payment cards, simplifying contractor payroll processes and reducing payment friction for distributed teams.
The expanded card network support reinforces TFY’s commitment to providing comprehensive workforce management and contractor payroll solutions in more than 184 countries.
About TFY (Transformify Ltd)
TFY is a global workforce management platform providing Contractor of Record (COR), contractor payroll, vendor management, AI-powered talent acquisition and compliance solutions. Operating in more than 180 countries, TFY helps organizations hire, manage and pay global talent efficiently while ensuring regulatory compliance.
About Paysend
Paysend is a global fintech company and international payments platform serving millions of customers worldwide. Through its global network of banks, payment systems and card scheme partnerships, Paysend enables fast, secure and cost-effective cross-border money movement for consumers and businesses.
