Western Union and TuChequera.com Provide International Payment Options to Accelerate Economic Growth in Puerto Rico

SAN JUAN, Puerto Rico--()--Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, announced an alliance between Western Union Business Solutions and TuChequera.com that will allow entrepreneurs in Puerto Rico to conduct business in over 130 currencies and send online business payments through a fast, secure platform that is available 24 hours a day, seven days a week.

Since Hurricane Maria’s destruction to Puerto Rico in 2017, entrepreneurship on the island has slowly started to rebound. Western Union is proud to enable innovation and growth through an alliance with TuChequera.com, a unique virtual checkbook platform. TuChequera.com will assist in introducing customers to the Western Union Business Solutions payments platform, WU® EDGE, allowing businesses to easily connect with partners, generate real-time global payments, provide global trade intelligence and manage cash and foreign exchange risk through an integrated digital tool.

"With our alliance, local businesses will have access to an innovative and world-class platform allowing entrepreneurs the ability to be more competitive in the international marketplace," said José García, founder and president of TuChequera.com.

“Puerto Rico is the first region in Latin America and The Caribbean where we offered the EDGE digital platform in 2018. EDGE offers the best technology for entrepreneurs to reach international businesses for their global payments,” said Alfred Nader, vice president of Western Union Business Solutions for the Latin America and Caribbean region.

As one of the world’s leading providers of cross-border, cross-currency money movement, Western Union Business Solutions transforms how companies expand globally through one of the largest and most diverse payment networks in the world. Our powerful online platforms help manage international payments and cash flow on a global scale. Our skilled financial specialists can provide the market insight and risk management solutions your business needs to help protect profits. With a strong history of innovation and a commitment to compliance, we can help give our clients an advantage so they can focus on expanding business globally.

For more information or to contact a solutions expert, please visit Western Union Business Solutions online.

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement. Our omnichannel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. As of December 31, 2018, our network included over 550,000 retail agent locations offering Western Union, Vigo or Orlandi Valuta branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2018, is available in more than 60 countries, plus additional territories, to move money around the world. In 2018, we moved over $300 billion in principal in nearly 130 currencies and processed 34 transactions every second across all our services. With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth. For more information, visit www.westernunion.com.

About TuChequera.com

TuChequera.com is an easy, simple and secure accounting platform that allows managing personal and business finances from any place and time. Customers can make payments and print checks remotely, enter deposits or transfers from their computer or mobile device. There is no complex installations or configurations, just a couple of clicks and customers will have balanced their checkbook in minutes.

Contacts

Western Union Business Solutions:
Natalie Campos Mejía, +55 11 989737840
natalie.campos@wu.com / puertorico@westernunion.com

TuChequera.com:
José García Rosario, (787) 633-1834
j.garcia@tuchequera.com

Release Summary

Alliance that will allow entrepreneurs in Puerto Rico to conduct business through a fast and secure online platform.

Contacts

Western Union Business Solutions:
Natalie Campos Mejía, +55 11 989737840
natalie.campos@wu.com / puertorico@westernunion.com

TuChequera.com:
José García Rosario, (787) 633-1834
j.garcia@tuchequera.com