Western Union and Visa Bolster Their Global Partnership
09 August 2022 - 2:00PM
Business Wire
- Western Union Expands its Integration with Visa Direct,
Enabling Western Union’s US Customers to Send Money via Digital and
Retail Channels to Visa Debit Card Holders in Six
Countries
- Partnership Expands Payout Options for Western Union’s US
Customers, Increasing Transfer Speed and Efficiency
Western Union today announced an update to its existing
partnership with Visa, expanding its integration with Visa Direct,
Visa’s real-time1 money movement network, into Western Union’s
United States network.
Western Union’s integration with Visa Direct was initially
activated across Europe, allowing Western Union customers in more
than 20 countries to send and/or receive funds directly to eligible
Visa debit card holders.
Building on this momentum, Western Union customers in the United
States can now send money in near real-time to eligible Visa debit
cards in Colombia, El Salvador, Jamaica, Philippines, Romania2
and Thailand using WU.com, the Western Union app, or from many
of Western Union’s US retail locations.
“Western Union and Visa share a vision for modern money
movement, one that ensures cross-border payments are reliable,
efficient and transparent, with convenience and the customer’s
channel of choice at the center of our customer experience,” said
Gabriella Fitzgerald, President of the Americas Region, Western
Union. “Our partnership with Visa underscores the benefits that
collaboration brings to realizing this shared vision for our joint
customers around the globe.”
“Visa is transforming cross-border payments with Visa Direct by
helping to bring the ability to securely send and receive funds in
near-real-time to more use cases around the world,” said Yanilsa
Gonzalez-Ore, senior vice president, North America head, Visa
Direct. “Through this partnership, we are using Western Union’s
digital capabilities to help US customers send money to their
family and friends and provide a means to help with bills, as a
gift, or for an emergency.”
WU-G
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement and payments. Western
Union’s platform provides seamless cross-border flows and its
leading global financial network bridges more than 200 countries
and territories and approximately 130 currencies. We connect
consumers, businesses, financial institutions, and governments
through one of the world’s widest reaching networks, accessing
billions of bank accounts, millions of digital wallets and cards,
and a substantial global network of retail locations. Western Union
connects the world to bring boundless possibilities within reach.
For more information, visit www.westernunion.com.
1 Actual funds availability depends on receiving financial
institution and region 2 Until further notice, send capabilities to
Romania are retail only. US customers must use a Western Union
retail location to send money to Visa debit card holders in
Romania.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220809005120/en/
Western Union Media Relations: Brad Jones
Bradley.Jones@WU.com
Western Union Investor Relations: Tom Hadley
WesternUnion.IR@westernunion.com
Western Union (NYSE:WU)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Western Union (NYSE:WU)
Historical Stock Chart
Von Apr 2023 bis Apr 2024