Western Union expands payout capabilities to mobile wallets

Western Union partners Thunes

Western Union expands payout capabilities to mobile wallets. Source: shutterstock.com

Western Union has teamed up with Thunes, a cross-border payments network for emerging markets, to enable Western Union customers to send funds directly into mobile wallets around the world.

Senders can now utilize Western Union’s digital network or an agent location to send funds directly into a recipient’s mobile wallet.

The collaboration will enable greater financial access for consumers – especially those who lack access to traditional financial services – by connecting them to alternative payment solutions, such as mobile wallets, that ultimately help drive better financial inclusion on a global scale.

Our payments platform seamlessly interconnects payment providers globally and enables interoperability between diverse payment systems, and by utilizing our vast networks, Western Union customers will now have more flexibility when sending money across borders
Steve Vickers, CEO at Thunes

SEE ALSO: ACI Worldwide to acquire Western Union’s bill pay division

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