LONDON--(BUSINESS WIRE)--
Western
Union’s B2B unit has won the prestigious Payments Innovation of the
Year award for their WU® EDGE™
platform. The award was presented at the 2016 Payments Awards, held
yesterday evening at the London Marriot Hotel Grosvenor Square.
The digital platform, Enterprise Digital Global Exchange (EDGE), enables
small and medium sized enterprises to trade internationally with
confidence and ease. The platform launched earlier this year and now
covers 13 key markets (UK, US, Canada, Australia, New Zealand,
Singapore, Hong Kong, Austria, France, Germany, Italy, Poland and the
Czech Republic).
“Winning this award is testament to our powerful partnership with small
and medium sized businesses across the globe,” said Kerry Agiasotis,
President at Western
Union Business Solutions.
“WU EDGE is an innovative digital trading platform set to transform
enterprises, enabling them to grow and expand their businesses
internationally. Thousands of our clients are benefiting from using the
WU EDGE platform, which allows them to make real-time connections and
payments across the globe as well as allowing them to connect with new
international trade partners.”
The Payments Awards recognise cards and payments excellence and
innovation – and are organised by FStech and Retail Systems. Winning
entries come from those companies, individuals and organisations that
have launched and/or implemented the most outstanding payments
solutions, initiatives and projects during the past year.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment
services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western
Union Business Solutions branded payment services, Western
Union provides consumers and businesses with fast, reliable and
convenient ways to send and receive money around the world, to send
payments and to purchase money orders. As of June 30, 2016, the Western
Union, Vigo and Orlandi Valuta branded services were offered through a
combined network of over 500,000 agent locations in 200 countries and
territories and over 100,000 ATMs and kiosks, and included the
capability to send money to billions of accounts. In 2015, The Western
Union Company completed 262 million consumer-to-consumer transactions
worldwide, moving $82 billion of principal between consumers, and 508
million business payments. For more information, visit www.westernunion.com.
About Western Union Business Solutions
Western Union Business Solutions enables companies of all sizes to send
and receive international payments and manage global cash flow, creating
unique solutions tailored to suit their individual needs. It is a
business unit of The Western Union Company (NYSE: WU), a leading non
bank provider of cross border payments, which offers Business Solutions
services in over 30 countries. Clients are supported by a network of
trading offices, strategic banking relationships and a global clearing
network and can send cross-border foreign exchange payments in more than
130 currencies.
Services in the UK are provided by Custom House Financial (UK) Limited
(which does business under the trade name of Western Union Business
Solutions) or Western Union Business Solutions (UK) Limited
(collectively referred to as "WUBS" or "Western Union Business
Solutions").
About the Payments Awards
Now in their 4th year the Payments Awards recognise cards and payments
excellence and innovation. Organised by FStech www.fstech.co.uk
and Retail Systems www.retail-systems.com,
the Payments Awards are a perspective publishing event www.perspectivepublishing.com.
WU-G
View source version on businesswire.com: http://www.businesswire.com/news/home/20161021005184/en/
Source: The Western Union Company