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Western Union introduces WU Connect Platform, expands cross-border money transfer via mobile, social media

Tuesday 27 October 2015 10:41 CET | News

The Western Union Company, a global payment solutions provider, today launched WU Connect, a technology platform that integrates with consumer messaging and social media platforms to enable users to transfer money worldwide.

The WU Connect platform embeds Western Union’s global money transfer capability into third-party digital platforms to provide users with new ways to send money to friends and family. Consumers will be able to fund the money transfer utilizing a debit card, credit card or bank account and direct the funds to a Western Union retail agent location around the world, and to a mobile wallet or bank account where available.

Western Union’s cross-border platform enables a pay-in, pay-out capability that leverages technology, foreign exchange conversion, data management, as well as regulatory, compliance and anti-money laundering (AML) infrastructure, to expedite money movement almost anywhere in the world.

The WU Connect platform offers a suite of application programming interfaces (APIs) built on a highly scalable infrastructure, enabling fast deployment of domestic and cross-border remittance capabilities. It integrates into third-party user interfaces or platforms.


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Keywords: Western Union, WU Connect Platform, cross-border money transfer, mobile, social media
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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