Taiwanese commercial bank King’s Town Bank has introduced the Western Union money transfer online service, which will allow registered online banking clients to make Western Union transactions internationally.
The newly introduced Western Union Money Transfer service is available via the King’s Town Bank’s website.
In 2010, Western Union completed 214 million consumer-to-consumer transactions worldwide, moving USD 76 billion of principal between consumers and 405 million business payments.
In recent news, Western Union has introduced an online payment acceptance and accounts receivable service for small and medium sized businesses, dubbed Western Union Small Business Payments.