Western Union expands real-time payments to 50 countries

Its global retail network covers more than 550,000 agent locations across over 200 countries

Western Union

Western Union expands real-time payments to 50 countries. Source: ir.westernunion.com

Western Union announced the expansion of its Global Network for real-time money-movement to 50 more countries.

This way, its customers can make real-time international and cross-currency money transfers when paid into select banks and digital wallets.

According to information, this expansion has been fast-tracked since the beginning of 2020 with the goal of assessing as many as 100 countries for real-time capabilities by the end of this year.

Western Union stated that the digital pay-in and pay-out expansion has become an especially critical capability as people keep on carrying out money transactions around the world during the COVID-19 pandemic.

Western Union is continuing to execute on its strategy by investing in and growing our global network to empower businesses and consumers to move money or make payments how they choose, to where they choose, as quickly as possible. The COVID-19 crisis has strengthened our commitment to being a reliable partner for people and enterprises to move funds globally in real-time
Hikmet Ersek, Western Union President and CEO 

We’ver reported that Western Union expanded digital services to 75 countries. The company has been working with its partners worldwide to keep on providing money transfer services during the COVID-19 outbreak as well.

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