Western Union expands digital remittances services

Thursday 2 April 2020 14:25 CET | News

Remittance company Western Union has increased the reach of its digital money transfer services to more than 75 countries, reports Electronic Payments International.

Customers of the company can payout into a network of four billion accounts and wallets in 100 countries.

The move comes amidst the temporary closure of several Western Union Retail Agent locations due to the Covid-19 pandemic.

Western Union’s digital services are said to cover the top 20 primary remittance sending countries listed by the World Bank.

Its account and wallet payout network is said to include the major remittance receive countries across the globe.

Recently, Western Union launched Digital Location – a new channel – to continue its services amid the lockdown enforced by various countries due to Covid-19.

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Keywords: Western Union, digital remittances, payouts
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech