· Digital transfer service will now serve even more regions across the globe
· Expanded services increase company’s already extensive global reach
· Primary focus is mobile transfer platform
Western Union is expanding its international money transfer service once again, this time in Asia, Latin America and the Middle East.
In Asia, Western Union digital services will soon include Malaysia and Singapore. These nations will join
Hong Kong, where WU international money transfer is already live.
Mexico is set to join Brazil, Panama and Jamaica in Latin America, countries where the digital payments service is currently offered.
In the Middle East, Western Union currently provides access to international payments in Bahrain, Kuwait, Oman and Qatar. The United Arab Emirates will soon join others in the region in providing access to Western Union’s services.
With its digital service, WU will connect these new points of service with over 200 countries and territories worldwide, including significant portions of North America, Europe, Australia and New Zealand.
According to Western Union president and CEO Hikmet Ersek, this most recent service expansion is part of the firm’s wider mission of bringing speed and convenience to the global payments market.
“Our platform sets the standard for international money movement as we serve an ever-broader array of customers, giving them greater ease, access and confidence in every transaction they make, while upholding what matters most to them—speed, reliability, convenience and trust,” said Ersek.
As Western Union continues to grow its global reach into new regions, its primary focus will be mobile payments, which currently account for roughly 70% of the company’s total international transaction volume.
For a comprehensive review of Western Union’s international payments service, review our complete company profile here.