Western Union Launches International Business Payments Services in Chile, Cyprus and Jordan
04 9월 2012 - 9:00PM
Business Wire
Western Union Business Solutions, a unit of The Western Union
Company (NYSE:WU), today announced the launch of its
business-to-business service in three new markets.
Through local partnerships, Western Union Business Solutions now
offers cross-border payment services in Chile, Cyprus and Jordan,
enabling businesses and organizations in all three countries to
make international payments with increased speed and
transparency.
“I’m very pleased to announce our entry into three new markets,”
said Raj Agrawal, President of Western Union Business Solutions.
“The combined strength of Western Union Business Solutions’
innovative products and Western Union’s unparalleled Agent network
gives us the perfect platform to expand the financial services
available to businesses around the world and provide them with the
customer care they deserve – especially the small and medium
enterprises (SMEs) who drive so much of the global economy.”
In Chile, Western Union Business Solutions’ payment offerings
will be provided by Chilexpress, a leading courier and logistics
company with a presence in over 360 Chilean cities. Chilexpress has
a strong customer base in a growing market that registers more than
140,000 SMEs.
In Cyprus, Western Union Business Solutions will be introduced
via GAP Vassilopoulos, a leading logistics provider with a strong
SME client base. GAP Vassilopoulos is a recognized leader in the
Cypriot business community with a range of services, including
domestic courier, air and sea freight transportation, insurance,
travel, and hotel bookings.
Western Union Business Solutions’ partner in Jordan is Kamal
Exchange, a leading money exchange company with long-standing links
to the business and finance community. Kamal Exchange has a strong
presence in Jordan and great experience with both local and foreign
financial institutions as well as small- and medium-sized importers
and exporters.
Chilexpress, GAP Vassilopoulos and Kamal Exchange are existing
Western Union Agents providing consumer money transfer
services.
About Western Union Business
Solutions
Western Union Business Solutions enables companies of all
sizes to send and receive international payments and manage foreign
exchange, creating unique solutions tailored to suit their FX
needs. It is a business unit of the Western Union Company (NYSE:
WU), a leading provider of cross-border payments, which operates
its Business Solutions services through locally licensed affiliates
and partners in 28 countries. Supported by a network of trading
offices, strategic banking relationships and a global clearing
network, businesses can send cross-border payments in more than 135
currencies. © 2012 Western Union Holdings, Inc. All rights
reserved.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global
payment services. Together with its Vigo, Orlandi Valuta, Pago
Facil and Western Union Business Solutions branded payment
services, Western Union provides consumers and businesses with
fast, reliable and convenient ways to send and receive money around
the world, to send payments and to purchase money orders. As of
June 30, 2012, the Western Union, Vigo and Orlandi Valuta branded
services were offered through a combined network of approximately
510,000 agent locations in 200 countries and territories. In 2011,
The Western Union Company completed 226 million
consumer-to-consumer transactions worldwide, moving $81 billion of
principal between consumers, and 425 million business payments. For
more information, visit www.westernunion.com.
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