ENGLEWOOD, Colo.--(BUSINESS WIRE)--The Western Union Company (NYSE:WU), a leader in global payment services, today announced that it has expanded its online payments service for business clients wishing to make cross border bank-to-bank payments from Austria, Belgium, Netherlands and Sweden.
Businesses in these countries make payments globally for imports of machinery and equipment, chemicals, fuels, gems, and foodstuffs among other goods.
The Western Union Business Solutions online service enables clients to make and manage international payments 24 hours a day, seven days a week from their computers. Businesses can make payments in more than 140 currencies, check real-time exchange rates and fees, and receive live customer support. The platform allows payers to lock in exchange rates and gives payees certainty on the precise amount expected.
“The pace and focus required to keep up in a global marketplace is a major challenge for businesses today,” said Raj Agrawal, President, Western Union Business Solutions. “Small and medium enterprises in Austria, Belgium, Netherlands and Sweden will appreciate the speed, accuracy and reliability now available to them through our online payments platform.”
With this expansion, the online business payments platform is available in nine European countries, including France, Germany, Italy, Ireland and the United Kingdom.
For more information, visit:
Austria
http://business.westernunion.at/
Belgium
http://business.westernunion.be/
Netherlands
http://business.westernunion.nl/
Sweden
http://business.westernunion.se/
Western Union Business Solutions enables companies of all sizes to send and receive international payments and manage foreign exchange, creating unique solutions tailored to suit their FX needs. Businesses are supported by a network of trading offices, strategic banking relationships and a global clearing network. Western Union recently acquired Travelex Global Business Payments, and is a leading nonbank provider of cross border payments, operating its Business Solutions services through locally licensed affiliates in 25 countries.
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 December 31, 2011, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 485,000 agent locations in 200 countries and territories. In 2011, The Western Union Company completed 226 million consumer-to-consumer transactions worldwide, moving $81 billion of principal between consumers, and 425 million business payments. For more information, visit www.westernunion.com.
WU-F, WU-G