Under the agreement, Mercer Outsourcing is set to pay their overseas pensioners through Western Union Business Solutions. Consequently, funds can be delivered into bank accounts in 80 countries in 44 currencies. Mercer Outsourcing employees are set to be able to validate a pensioner’s details before payments are made.
Western Union Business Solutions enables companies to send and receive cross-border payments and manage foreign exchange. Western Union Business Solutions delivers its services through locally licensed affiliates in 23 countries allowing businesses to send cross-border payments in more than 140 currencies.
In recent news, Western Union has closed mobile money transfer agreements with a total of 26 mobile wallet providers in 22 countries to launch cross-border mobile services.
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