Consumers in Nigeria can use www.WesternUnion.ng
to Direct Funds Into Bank Accounts
ENGLEWOOD, Colo.--(BUSINESS WIRE)--
The Western Union Company (NYSE: WU), a leader in global payment
services, today announced the launch of a new
web site in Nigeria. The Nigeria launch represents the first
receive-enabled Western Union web site, globally.
“Western Union is growing its network and increasing consumer access to
our services worldwide,” said Khalid Fellahi, senior vice president and
general manager, Western Union Digital. “The launch supports our global
retail Agent network, and is part of Western Union’s multi-channel
consumer experience, which is a differentiator in today’s money transfer
marketplace.”
Western Union service offerings deliver complementary digital and retail
capabilities, and address evolving consumer preferences for
international money transfers. For example, Western Union money transfer
services allow the consumer to send funds to more than 500,000 retail
Agent locations, into a mobile wallet, or opt to direct the transfer
into a recipient’s bank account.
In Nigeria, consumers can receive funds from 200 countries and
territories at nearly 5,000 Western Union retail Agent locations in the
country, or use www.WesternUnion.ng
to direct the funds into a bank account with Guaranty
Trust Bank, Skye
Bank, Stanbic
IBTC Bank and Wema
Bank.
Online services in Nigeria were launched in cooperation with Interswitch
Limited. Speaking to the Interswitch relationship, Mr. Fellahi added
that, “Western Union will continue to explore opportunities that
facilitate financial inclusion and increase speed to market for new
money transfer services in key regions around the world.”
For more information on Western Union’s global capabilities, including
online and mobile money transfer services, as well as retail Agent
locations, please visit www.WesternUnion.com.
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 March 31, 2014, 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. In 2013, The Western Union Company completed 242
million consumer-to-consumer transactions worldwide, moving $82 billion
of principal between consumers, and 459 million business payments. For
more information, visit www.westernunion.com.
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Source: Western Union