- Western Union, a major provider of online money transfer products and services, has confirmed that it will enhance its existing partnership with Visa as part of a new push towards better cross-border payments.
- Countries such as Thailand and Jamaica are expected to benefit in particular.
- “Visa is transforming cross-border payments with Visa Direct by helping to bring the ability to securely send and receive funds in near-real-time to more use cases around the world,” said a senior spokesperson for Visa.
Western Union, a major provider of online money transfer products, has confirmed that it will enhance its existing partnership with Visa as part of a new push towards better cross-border payments.
Western Union said that it will work with Visa to boost its connection with Visa Direct, a leading real-time money movement network.
Under the expanded agreement, Western Union customers in the US will soon be able to transfer cash in near real-time to Visa debit cards in certain countries, including El Salvador, Colombia, Jamaica, and Thailand.
“Western Union and Visa share a vision for modern money movement, one that ensures cross-border payments are reliable, efficient and transparent, with convenience and the customer’s channel of choice at the center of our customer experience,” said the president of the Americas region at Western Union, Gabriella Fitzgerald.
“Our partnership with Visa underscores the benefits that collaboration brings to realizing this shared vision for our joint customers around the globe.”
“Visa is transforming cross-border payments with Visa Direct by helping to bring the ability to securely send and receive funds in near-real-time to more use cases around the world,” said Yanilsa Gonzalez-Ore, the senior vice president at Visa Direct.
“Through this partnership, we are using Western Union’s digital capabilities to help US customers send money to their family and friends and provide a means to help with bills, as a gift, or for an emergency,” she explained.
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