Western Union Now Offering Two Options for International Travelers
19 12월 2012 - 3:05AM
Business Wire
Western Union today announced the introduction of two offerings
to address many of the unmet needs of international travelers: a
prepaid card just for travelers and an option for travelers to send
a Western Union Money Transfer® transaction to themselves.
The two offerings will address different market segments: those
who rely on cash while traveling, and those who prefer to use a
payment card.
“International leisure travelers have needs that are not being
met by the traditional financial system,” said Diane Scott,
Executive Vice President, Chief Product and Marketing Officer,
Western Union. “Western Union connects cash with the electronic
world in a way no other company can, and we’re proud to introduce
solutions that our customers want and need.”
For travelers headed to developing countries like China, India,
Malaysia, Mexico and Thailand, where the need for cash is critical
and ATMs may be hard to find, Western Union now offers them the
option to send a money transfer to themselves prior to leaving for
a trip. For transfers to most countries, the foreign-exchange rate
is determined when the funds are sent, so travelers know exactly
how much will be waiting for them in cash when they arrive at their
destination.
For travelers who prefer the convenience of card payments, the
general-purpose reloadable (GPR) Western Union TravelWiseTM Prepaid
MasterCard is a convenient and fee-friendly alternative to carrying
large amounts of cash.
The launch of these two offerings is part of the company’s
continued evolution to provide new and innovative products and
services for a variety of customers around the globe. Western Union
is piloting the two offerings in the U.S., the U.K. and Germany
this year, and will continue to expand the program in 2013 in
additional countries with new features.
For more information about Western Union’s offerings for
travelers, visit www.westernunion.com/travel.
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
September 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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