Western Union

The Western Union Company signed an agreement to purchase one of its leading money transfer network agents in Europe Finint S.r.l.

Finint covers over 10,000 locations across Italy, Spain, and the United Kingdom. At the moment Western Union owns 30% of the company and now it will buy the remaining 70%.

Western Union has announced a new agreement with dollar Financial which allows the company to extend its presence in Canada, The USA and the UK.  

MoneyGram has announced it firm intention to expand in Africa. This week the leaders of the money remittance service visited Cape Town, South Africa to discuss the details. According to Pamela H.

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.  

Western Union announced that now consumers can make direct transfers to the the mobile “wallets” of Safaricom M-PESA subscribers in Kenya from 45 countries and territories.

“We are pleased to extend our service with Safaricom, and we look forward to adding additional functionality for M-PESA users in the near future,” said David Yates, Executive Vice President and President, Business Development and Innovation, Western Union.

Western Union has announced its partnership with Etisalat Group serving 135 million customers, to offer mobile transfer services in 18 countries of Asia, the Middle East and Africa. Now subscribers of Etisalat mobile operator can easily send and receive Western Union Money Transfer® transactions using their mobile “wallets,” or accounts tied to their mobile phones. 

The global payments provider Western Union Company has partnered with InComm, a marketer, distributor and technology innovator of stored-value gift and prepaid cards, to offer Western Union General Purpose Reloadable prepaid cards (GPR). The Western Union® MoneyWise™ Prepaid Card will first be offered in the U.S. through InComm retail locations.

The Western Union MoneyWise Prepaid Card complements the Western Union GoCashSM service, an in-lane money-transfer service offered through InComm retail locations in the U.S. since December 2009.

Chinese customers of Shanghai Pudong Development Bank (SPD Bank) will soon be able to use Account-Based Money Transfer services provided by the Western Union Company.

The Western Union Company and EnStream LP announced that the Western Union® international money transfer service is available through the Zoompass Mobile Wallet Application.

Earlier in September the two companies announced their strategic alliance to enable 23 million Canadian mobile subscribers to send Western Union Money Transfer® transactions from their mobile phones to over 200 countries and territories worldwide, through the Zoompass Wallet.

Western Union, a leading global payment services provider, has entered into a partnership with MTN Group, a largest mobile operator in Africa and the Middle East. Under their commercial agreement Western Union will introduce mobile remittance services in the 21 countries where MTN operates.

A provider of global payment services Western Union Company announced the rebranding of its international business payments service into Western Union Business Solutions.

Previously the service was offered under the Custom House name. Western Union acquired Custom House, which provides international business payments and foreign-exchange solutions to small and medium-sized businesses (SMEs), last year. With the rebranding of the service, Western Union will cease using the Custom House brand.

It became known that Western Union has selected MoreMagic Solutions, a provider of mobile payment and mobile money transfer solutions for its Mobile Vendor Program. 

The main aim of this program is decrease of integration costs and to create standard technical deployments to help banks and mobile operators to penetrate the market. 

 A wold leader in money remittance services Western Union has announced its partnership with State Bank of India (SBI) which is mutually beneficial for both financial institutions. According to agreement provisions the SBI accountholders will get an opportunity to receive cross-border money transfers in their bank accounts by means of the cell phones. This will become possible after the coming launch of the revolutionary solution of WU, the Account-Based Money Transfer (ABMT) service. 

Recently the Western Union Company, a leader of money transfer market has announced about its new victory. This time the company said that the number of agents in Africa has exceeded 20, 000 in more than 49 countries. According to this figure today Western Union is the largest financial services network of Africa.

A global payment services provider Western Union has partnered with State Bank of India (SBI), the largest commercial bank in India, to allow SBI customers to receive cross-border money transfers in their bank accounts using just their mobile phones.

Earlier this year Western Union announced the introduction of the Account-Based Money Transfer (ABMT) service, to be launched in early 2011. This service will enable SBI customers with online bank accounts to pull a Western Union® Money TransferTM directly into their accounts via the Internet or an ATM.