Western Union to Channel International Remittances to Millions of Maestro and MasterCard Cardholders in Romania
19 6월 2015 - 2:38AM
Business Wire
Innovative deal with MasterCard and Banca
Transilvania
The Western Union Company (NYSE: WU), a leader in
global payment services, and MasterCard (NYSE: MA) today formalized
a deal that will enable remittances originated from nearly anywhere
across the globe to be received on Maestro and MasterCard consumer
cards using automated teller machines (ATMs) across Romania, one of
the largest remittance receivers in Eastern Europei.
An innovative tripartite agreement between Western Union,
MasterCard and Banca Transilvania (BT) will provide the choice to
millions of cardholders to withdraw international remittances from
over 900 BT owned ATMs in Romania. The service is expected to be
activated later this year.
The initiative realizes Western Union’s strategy in giving
customers choice; while adding to the company’s growing foray in
directing global remittances into account-based channels.
“This is a ground-breaking deal which brings together the unique
capability of Western Union’s global cross-border capability
spanning 200 countries and territories, MasterCard’s world-leading
payment capabilities and the domestic network of Romania’s third
largest bank,” said Odilon Almeida, President of the Americas
and European Union, Western Union.
“In an age when speed, convenience and trust mean everything for
people using Western Union, we are committed to making it easy,
fast and dependable for our customers to access their funds— nearly
anytime, nearly any way and almost anywhere in the world,” he
said.
“Senders will still be able to use any of Western Union’s global
cash or digital pay-in options. Now MasterCard and Maestro
cardholders in Romania will be able to withdraw these funds quickly
in cash or load the funds directly onto their cards. We are putting
customers in the driver’s seat to access their international
remittances with the convenience, efficiency and control that so
many are seeking,” he added.
More than 16.5 percent of Romanians live outside of Romania’s
borders, according to the International Organization of
Migrationii. A significant number live in Italy, Germany and Spain.
Collectively, these three countries account for more than 50
percent of cross-borders transfers into Romania.
“The agreement we announce today is a great showcase of how
strong partnerships can continue to unlock the potential of
MasterCard’s leading global payments technology. Together with
Western Union, we are creating a simple yet innovative solution
that is designed to enable MasterCard and Maestro holders to
receive payments from anywhere in the world safely and securely,”
said Ann Cairns, President International Markets,
MasterCard.
“We are delighted to be offering our cardholders in Romania the
opportunity to access their international remittances with even
more convenience,” said George Simon, President, Central Eastern
Europe, MasterCard.
“Providing convenient and quick ways for customers to access
their funds has always been our high priority,” added Banca
Transilvania CEO Omer Tetik. “Collaborating with Western Union
- a leading global payments leader and MasterCard – the world’s
leading payment processor means – we are making it easier than ever
before for our customers.”
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 March 31, 2015, the Western Union,
Vigo and Orlandi Valuta branded services were offered through a
combined network of over 500,000 agent locations in 200 countries
and territories and over 100,000 ATMs and kiosks. In 2014,
The Western Union Company completed 255 million
consumer-to-consumer transactions worldwide, moving $85
billion of principal between consumers, and 484 million
business payments. For more information,
visit www.westernunion.com.
About MasterCard
MasterCard (NYSE: MA), www.mastercard.com, is a technology
company in the global payments industry. We operate the world’s
fastest payments processing network, connecting consumers,
financial institutions, merchants, governments and businesses in
more than 210 countries and territories. MasterCard’s products and
solutions make everyday commerce activities – such as shopping,
traveling, running a business and managing finances – easier, more
secure and more efficient for everyone. Follow us on Twitter
@MasterCardNews, join the discussion on the Beyond the Transaction
Blog and subscribe for the latest news on the Engagement
Bureau.
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i World Bankii International Organisation for Migration 2014
http://oim.ro/attachments/article/353/IOM%20Romania%20Annual%20Raport%202014.pdf
WU-FWU-G
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version on businesswire.com: http://www.businesswire.com/news/home/20150618006189/en/
Western Union contact:Pia De Lima, +1
954-260-5732pia.delima@westernunion.com (U.S.)orSarah Meske, +1
720-332-2796sarah.meske@westernunion.com (U.S.)orSabine Fischer,
+43 664 152 7554sabine.fischer@westernunion.com (Austria)orDC
Communication contact Romania:Felicia Moga, +40 21
312.38.35felicia.moga@dccom.roorMedia contact Golin
Romania:Andrada Busuioc, +40 745 974 785ABusuioc@golin.com
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