Western Union partners Online Resources to offer last-minute bill payments

One of the leading providers of money remittance services Western Union has announced its partnership with Online Resources Corporation, a known provider of online financial services. Owing to this partnership the clients of Online Resources can profit from new payment solutions, and make last-minute bill payments to billers through the websites of more than 500 financial institutions.  

Also it was said that now banking clients of Online Resources can profit from expedited payments service which now includes same-day delivery and posting to many more prominent billers in the mortgage, credit card, auto finance, telecom, cable, utility and other industries.  

“Payment channels are evolving quickly as originators and consolidators are finding new ways to impact the speed, cost and accuracy in all bill payment channels,” said David Shapiro, Senior Vice President of Western Union Payments. “By integrating our expedited payments network with a market leader in online banking, Western Union and Online Resources can offer a powerful tool for the entire payment industry.”  

“By teaming with Western Union, we are delivering on the value and promise that banks envisioned for expedited payments: a broad-reaching service that is highly attractive to consumers,” said Robert R. Craig, Executive Vice President of eCommerce Services for Online Resources. “The combined reach and speed to billers will drive adoption of the service through financial institutions, and deliver more guaranteed, on-time payments to billers.” 

Source: Western Union