
Western Union Omni-Channel Strategy Gains Further Momentum Launching WU.com Online Money Transfer Capabilities in Several European Countries
The Western Union Company (NYSE:WU), a leader in global payment services, announced the launch of new transactional web sites in the Czech Republic, Hungary, Lithuania, Malta, and Slovakia. With these new introductions, Western Union now has online transactional services in 29 countries, enabling consumers to send money to over 200 countries and territories worldwide.
“Leveraging a strong omni-channel strategy, Western Union continues to grow its online transactional network worldwide,” said Khalid Fellahi, senior vice president and general manager, Western Union. “We have an extensive funds-in and funds-out network that connects over half a million diverse retail agent locations, ATMs and kiosks, our own and third party digital sites, and mobile wallets. Our cross-border platform provides the technology, foreign exchange conversion and settlement, regulatory and compliance infrastructure, and data management that brings this network together, allowing for efficient and timely money movement for multiple use cases almost anywhere in the world.”
Consumers across these countries can now send fast, convenient and reliable Western Union Money Transfer® transactions simply by visiting the Web site or the country’s agent locations:
- Czech Republic: www.wu.com/cz and more than 2,000 agent locations
- Hungary: www.wu.com/hu and more than 1,700 agent locations
- Lithuania: www.wu.com/lt and more than 830 agent locations
- Malta: www.wu.com/mt and more than 60 agent locations
- Slovakia: www.wu.com/sk and more than 530 agent locations
These new transactional sites follow recent announcements by the company such as the ability to have Western Union Money Transfer® transactions originating from nearly anywhere in the world paid out at more than 3,000 ATMs of PKO Bank Polski in Poland or credited directly to customers’ bank accounts. Western Union also formalized a deal with MasterCard and Banca Transilvania (BT) to enable remittances originated from nearly anywhere in the globe to be received on Maestro and MasterCard consumer cards using 900 BT automated teller machines (ATMs) across Romania.
Today, when speed, convenience and trust mean everything, Western Union’s innovation over time has built a powerful cross-border capability for moving money nearly anywhere in the world in minutes*. It’s the rare combination of a physical and fast-growing digital network across 200 countries and territories, the ability to exchange money in 120 currencies, the global compliance knowledge, and the technology backbone behind it all that enables the company to move money with great speed and scale.
Consumers can send money to Western Union’s network of more than 500,000 Agent locations, and receivers can opt to direct the funds into a bank account at select Western Union® account-based money transfer (ABMT) relationships or into a mobile wallet with select Western Union mobile money providers. In addition, customers can continue to use the extensive Western Union retail Agent network to send and receive money. Through these channels, Western Union addresses the needs of its customers by giving them easy ways, via digital and retail channels, to send funds whenever, and to nearly wherever they desire.
For more information on Western Union’s global retail and digital1 capabilities, including mobile applications and mobile money transfer services, please visit www.WesternUnion.com.
* Service and funds availability depends on certain factors including the Service selected, the selection of delayed delivery options, special terms applicable to each Service, amount sent, destination country, currency availability, regulatory issues, consumer protection issues, identification requirements, delivery restrictions, agent location hours, and differences in time zones (collectively, “Restrictions”).
1 Digital refers to WU.com and mobile money transfer channels
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, 2015, 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 millions of bank accounts. In 2014, The Western Union Company completed 255 million consumer-to-consumer transactions worldwide, moving $85 billion of principal between consumers, and 484 million business payments. For more information, visit www.westernunion.com.
WU-G
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150811005336/en/
Contact information
Western Union Media Contacts
US:
Brad Jones,
1-720-332-1262
Bradley.Jones@westernunion.com
or
Europe:
Sabine
Fischer: 43-664-152-7554
sabine.fischer@westernunion.com (Austria)
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo