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Lebanon: Western Union, Online Money Transfer ink five-year agreement

Wednesday 10 August 2011 11:12 CET | News

Global payment services provider Western Union and its official representative in Lebanon, Online Money Transfer (OMT), have extended their business relationship and signed a five-year agreement to offer the Western Union Business Solutions payments service across the country.

As part of the agreement, SMEs will benefit from Western Union Business Solutions payments services, foreign exchange, risk management consultation and online FX payments. The agreement with OMT expands the Western Union Business Solutions platform in Lebanon and also helps businesses in Lebanon to carry out cross-border payments.

Western Union Business Solutions enables businesses to carry out international business payments online in 140 currencies on a permanent basis. Moreover, the Western Union Business Solutions website is set to offer foreign-exchange rates, as well as several tools for SMEs, such as market newsletters, webinars and whitepapers.


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Keywords: Lebanon, Western Union, online money transfer, online payment
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce