Western Union Extends its Money Transfer Receive Card to Costa Rica, Guatemala
31 1월 2013 - 11:08PM
Business Wire
The Western Union Company (NYSE: WU), a global leader in
financial services, today announced that it has extended its
prepaid receive card program to Costa Rica and Guatemala. The card,
launched in El Salvador last year, strategically leverages the
global Western Union Agent network.
The card, offered together with AirPak, Western Union’s Agent in
Central America, allows receivers of Western Union Money Transfer®
transactions to put all or part of those funds onto a prepaid
MasterCard®. The cards can be used wherever MasterCard is accepted
worldwide, including ATMs.
According to the World Bank, Guatemalans received $4.5 billion
in remittances last year, and just 22 percent have a bank account;
Costa Ricans received more than $585 million in remittances last
year, and half of the population has a bank account.
“This card has been very successful in El Salvador,” said Mike
Hafer, SVP, Global Stored Value, Western Union. “Customers have
told us that the card is easy to use anywhere MasterCard is
accepted. We are excited about the continued expansion of the
program in Central America, where there is strong consumer
acceptance of stored-value solutions and a documented need for
greater financial inclusion.”
With the addition of Costa Rica and Guatemala, Western Union’s
stored-value products and services are now available in 12
countries, including Argentina, Austria, El Salvador, Germany,
India, Panama, Peru, the Philippines, UK and the U.S.
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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