Western Union Announces Digital Enhancements Benefitting Both C2C and B2B Customers
24 10월 2016 - 9:30PM
Business Wire
Executives Detail New Services at
High-profile Money 20/20 Industry Conference
Reflecting its strategic focus in digital expansion, The Western
Union Company (NYSE: WU) today outlined specific enhancements to
its services for its consumer-to-consumer (C2C) and
business-to-business (B2B) customers.
A new omni-channel feature on the Western Union mobile app gives
consumers the flexibility to send money to more than 200 countries
and territories using multiple payment options. They can use the
in-app payment choice of bank account, card or now use cash via an
agent location. This new feature is available in the US and the UK
and is planned to be rolled out globally over the coming year.
The company also announced an expansion of its payment platform
for businesses that enables large enterprises to send high volumes
of cross-currency and cross-border payments simultaneously.
“Consumers and businesses demand freedom of choice in today’s
world,” said Western Union President and CEO Hikmet Ersek.
“Western Union makes the lives of our customers easier and less
complex – whether someone wants to send money from their phone that
can be picked up in person, or helping businesses of all sizes
grow.”
Western Union C2C Omni-Channel Mobile App
Western Union has expanded its digital footprint significantly,
and consumers can now send money globally via WU.com in 37
countries or Western Union mobile app in 16 countries. The
omni-channel enhancement provides additional convenience of
starting the transaction on their smart phone, even if paying with
cash, which significantly speeds up the in-store transaction. The
company expects to roll out the service in the coming months in
France, Germany, and Canada.
“Omni-channel choice is a thoughtful innovation which brings the
advantages of digital transactions into a physical world,” said
Western Union President of the Americas and European Union Odilon
Almeida. “Our large, fast-growing digital network, combined
with our regulatory understanding and compliance infrastructure,
gives us opportunities to drive real value in all money transfer
scenarios.”
Western Union Business Mass Payments
Corporate and Financial Institutions can now conveniently and
efficiently send high volumes of payments across a multitude of
countries and currencies. The enhanced Mass Pay offering builds on
the core payments platform that underpins the company’s proprietary
award-winning WU® EDGE™ platform, leveraging Western Union’s unique
global banking network to drive speed and efficiency in making
global payments.
“Our enhanced Mass Payments product offers unprecedented ease
whereby Corporate and Financial Institutional customers can
implement an international Mass Payments solution for their
business. With an enriched suite of integration options, including
a direct application programming interface (API) as well as SWIFT
FIN connections, our customers can be up and running with our new
service in days. This release reinforces our unique capabilities
that have led us to become one of the largest non-bank providers of
international payments in the world,” said Western Union
Business Solutions President Kerry Agiasotis.
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, 2016, 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, and included the capability to send money to
billions of accounts. In 2015, The Western Union Company completed
262 million consumer-to-consumer transactions worldwide, moving $82
billion of principal between consumers, and 508 million business
payments. For more information, visit www.westernunion.com.
WU-G
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Western Union Corporate CommunicationsGLOBALDan
Diaz, +1 303-547-2347dan.diaz@westernunion.comorAMERICAS &
EUROPEPia De Lima, +1
944-260-5732pia.delima@westernunion.comorWUBSLiesl Smith,
+44 (0) 7710 185864liesl.smith@westernunion.comorFleishman
HillardLeslie Park, +1
212-453-2111leslie.park@fleishman.com
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