WESTERN UNION

Western Union Expands in South Korea with ICB

Retrieved on:

Tuesday, March 29, 2022

Western Union , a global leader in cross-border, cross-currency money movement and payments, today announced the launch of its money transfer services with ICB , one of the leading fintech companies in South Korea, offering customers seamless access to Western Unions money transfer services via ICBs mobile app DEBUNK Remit.

Key Points:

Western Union , a global leader in cross-border, cross-currency money movement and payments, today announced the launch of its money transfer services with ICB , one of the leading fintech companies in South Korea, offering customers seamless access to Western Unions money transfer services via ICBs mobile app DEBUNK Remit.
The mobile app also enables receivers in South Korea to direct international Western Union money transfers into their DEBUNK Remit registered bank accounts, for transactions sent through Western Unions digital money transfer services or Western Unions worldwide retail Agent network.
Receivers in South Korea can now receive the money by inputting the unique Money Transfer Control Number (MTCN) and other information into the DEBUNK Remit mobile app.
ICB itself is growing into a Fintech Hub that connects South Korea to the World.

Western Union Partners with Artajasa to Offer Money Transfer Payouts into Bank Accounts and Wallets

Retrieved on:

Wednesday, March 23, 2022

Western Union , a global leader in cross-border, cross-currency money movement and payments, has announced PT Artajasa Pembayaran Elektronis (Artajasa) as its newest bank account and wallet payout partner in Indonesia.

Key Points:

Western Union , a global leader in cross-border, cross-currency money movement and payments, has announced PT Artajasa Pembayaran Elektronis (Artajasa) as its newest bank account and wallet payout partner in Indonesia.
The collaboration will enable customers to receive international money transfers in minutes1 into their bank accounts across all major banks in Indonesia.
Customers today are living ever more interconnected digital lives and we are excited to come together with Western Union, offering customers the ability to receive money into their bank accounts and wallets conveniently and reliably.
Globally, Western Union can process payouts into billions of bank accounts, including millions of wallets and cards across more than 130 countries and territories, with real-time capabilities in 100 of these countries.

Western Union Launches Digital Money Transfers with M Lhuillier

Retrieved on:

Tuesday, March 1, 2022

Western Union , a global leader in cross-border, cross-currency money movement and payments, and M Lhuillier , one of the leading non-bank financial institutions in the Philippines, have expanded their partnership to offer Western Union money transfer services on the M Lhuillier mobile app - ML Wallet.

Key Points:

Western Union , a global leader in cross-border, cross-currency money movement and payments, and M Lhuillier , one of the leading non-bank financial institutions in the Philippines, have expanded their partnership to offer Western Union money transfer services on the M Lhuillier mobile app - ML Wallet.
Receivers in the Philippines can now conveniently receive their Western Union money transfers into their ML wallets (available on both Android and iOS ) by simply inputting Western Union's unique money transfer control number (MTCN) and other identification details into the app.
This digital collaboration broadens Western Unions current offering with M Lhuillier, which already enables its services at more than 2,600 M Lhuillier locations nationwide.
We are excited to advance our relationship with Western Union, now providing 24/7 convenient digital service connecting our customers across the country to their loved ones worldwide, said Michael L. Lhuillier, President & CEO, M Lhuillier.

Western Union Expands in South Korea with Travel Wallet

Retrieved on:

Tuesday, February 15, 2022

Western Union , a global leader in cross-border, cross-currency money movement and payments, and Travel Wallet , one of the leading fintech companies in the country, have announced the launch of Western Union money transfer services on the Travel Wallet App.

Key Points:

Western Union , a global leader in cross-border, cross-currency money movement and payments, and Travel Wallet , one of the leading fintech companies in the country, have announced the launch of Western Union money transfer services on the Travel Wallet App.
Travel Wallet users in South Korea now have the choice to send money through Western Union.
Over the next few months, Travel Wallet users will also be able to receive Western Union money transfers via the Travel Wallet app, for transactions sent through Western Unions digital money transfer services or Western Unions worldwide retail Agent network.
At Travel Wallet, we adopt a customer-centric approach, and are glad to collaborate with a like-minded company like Western Union, said Hyungwoo Kim, CEO, Travel Wallet.

Western Union and Seven Bank Extend Tenured Relationship

Retrieved on:

Monday, February 14, 2022

Banking, Professional Services, Finance, NYSE, ATM, Bank, Seven Bank, Company, Western Union, Western Union, Seven Bank, WESTERN UNION, SEVEN BANK

Western Union , a global leader in cross-border, cross-currency money movement and payments, has extended its long-standing relationship with Seven Bank .

Key Points:

Western Union , a global leader in cross-border, cross-currency money movement and payments, has extended its long-standing relationship with Seven Bank .
Western Union and Seven Bank have worked together since 2011 to offer convenient money transfer services, any time of day, at more than 26,000 Seven Bank ATMs across Japan and also through Seven Banks online banking offering via web.
Customers can send money for payout in cash at Western Union Agent locations across more than 200 countries and territories, or into bank accounts in the Philippines and China.
Seven Bank is an important partner for Western Union.

Western Union and the Western Union Foundation Support Tonga Relief Efforts

Retrieved on:

Wednesday, January 26, 2022

Western Union is waiving transfer fees1 for all international money transfers into Tonga through February 28, 2022.

Key Points:

Western Union is waiving transfer fees1 for all international money transfers into Tonga through February 28, 2022.
In addition, the Western Union Foundation has pledged a donation as well as announced a fundraising appeal with agents and employees.
Western Union employee donations to the Foundation will be eligible for a 2:1 match and Agent donations will be eligible for a 1:1 match.
The Western Union Foundation is a separate, tax-exempt 501(c)(3) charitable corporation and receives support from The Western Union Company, its employees, agents, and business partners.

Western Union and Mastercard Expand Global Partnership

Retrieved on:

Friday, November 12, 2021

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership.

Key Points:

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership.
The deepened partnership expands Mastercard Send integration into Western Unions global money movement network, and also Mastercards Cross-Border Services delivery via Western Union Business Solutions.
It represents the latest iteration of Western Unions digital partnership strategy to become the worlds leading global financial network.
First, by integrating Mastercard Send, Western Union is broadening payout possibilities for its U.S. domestic money transfer receivers.

Western Union Expands Global Ecosystem with Completion of Investment into stc Bank

Retrieved on:

Tuesday, October 12, 2021

According to the terms of the transaction, Western Union has acquired 15% ownership of stc Bank for $200 million.

Key Points:

According to the terms of the transaction, Western Union has acquired 15% ownership of stc Bank for $200 million.
We are very excited about our investment in stc Bank as it supports the expansion of our global consumer ecosystem and accelerates Western Unions growth strategy by deepening our relationship with an innovative partner in an important region for digital payments, said Western Union Chief Executive Officer Hikmet Ersek.
This partnership sees Western Union provide money transfer services that allow stc Banks users to send money from its app to 200+ countries and territories in 130+ currencies through Western Unions extensive global financial network of bank accounts, wallets and cards.
The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments.

Western Union Expands with Suhyup Bank in South Korea

Retrieved on:

Thursday, September 16, 2021

Banking, Other Professional Services, Professional Services, Finance, National Federation of Coffee Growers of Colombia, Fishery, Remittance, Insurance, Bank, FX, NYSE, Online shopping, Western Union, Suhyup Bank, WESTERN UNION, SUHYUP BANK

At Western Union, we are driven by collaborations that drive global connectivity and support our mission of moving money for better, said K. Premmananth, Head of Singapore, Indonesia and North Asia for Western Union.

Key Points:

At Western Union, we are driven by collaborations that drive global connectivity and support our mission of moving money for better, said K. Premmananth, Head of Singapore, Indonesia and North Asia for Western Union.
We look forward to a successful collaboration with Suhyup Bank, expanding access to money transfer services for customers in South Korea.
Suhyup Bank is a bank steeped in innovation and we always do our best to meet customers needs through a variety of financial products and services, said Jooeun Lee, Head of Global Banking Department, Suhyup Bank.
Suhyup Bank was separated from Suhyup on 1st Dec. 2016 as a specialized bank in Korea.

Western Union Launches Digital Money Transfer Services with Cebuana Lhuillier in the Philippines

Retrieved on:

Monday, September 6, 2021

Finance, Banking, Professional Services, Mobile, Wireless, Technology, Cebuana Lhuillier, Companies, Economy, Jean Henri Lhuillier, Business, Remittance, Lhuillier, Bank, Western Union, Western Union, Cebuana Lhuillier, WESTERN UNION, CEBUANA LHUILLIER

This service expansion follows the recent launch of Western Union services enabling customers to send and receive money at over 2,500 Cebuana Lhuillier locations in the Philippines.

Key Points:

This service expansion follows the recent launch of Western Union services enabling customers to send and receive money at over 2,500 Cebuana Lhuillier locations in the Philippines.
Facilitating convenient access for customers is of utmost importance for Western Union, said Jeffrey Navarro, Head of Network, Philippines, Malaysia, Brunei & Indochina, Western Union.
Following the successful launch of Western Union services at our retail locations, we are now excited to roll out a digital solution for convenient money transfers in the Philippines, said Jean Henri Lhuillier, President, and CEO of Cebuana Lhuillier.
Lhuillier, Inc. (PJLI) is the proud parent company of Cebuana Lhuillier, the Philippines largest microfinancial services provider that offers pawning, remittance, micro insurance, bills payment, e-load, business-to-business solutions services, and micro savings and other banking services through their banking arm, the Cebuana Lhuillier Rural Bank.