The payments division of Western Union has integrated with the Swift Global Payment Initiative for faster transfers, and has added international currency options.
Western Union Expands Global B2B Payments Platform
Thursday, February 25, 2021 9:20PM IST (3:50PM GMT)
Integrates SWIFT GPI and Expands Currency Portfolio in WU Mass Payments API to 130
Denver, United States:
Western Union Business Solutions, the payments arm of the Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announced the expansion of its global capabilities, bringing faster and more transparent payment services to business customers. Western Union Business Solutions has integrated SWIFT Global Payment Initiative and increased its international currency options within its WU® Mass Payments API to 130.
Western Union continues to bolster its payment capabilities as the company executes its strategy to advance its leadership in cross-border and cross-currency financial flows.
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Britain s response to the coronavirus has been attributed to the pound s hike. The UK’s vaccine rollout is the main catalyst behind the uplift, said Vessey.
Pound euro exchange rate: The UK’s vaccine rollout is the main catalyst behind the uplift (Image: Getty Images)
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