Western Union to offer cross-border payments services in Chile, Cyprus, Jordan
US cross-border payment services provider Western Union Business Solutions, a unit of The Western Union Company, has introduced its payment service in three new markets namely Chile, Cyprus and Jordan, a move that extends its global reach to 28 countries.
The international payment offerings in the aforesaid markets will be provided through local partnerships, which will allow businesses and organizations to remit payments with improved speed and transparency, according to Western Union.
Western Union Business Solutions has partnered with Chilexpress to offer its services in Chile, while a logistics provider GAP Vassilopoulos in Cyprus will offer payment services to individuals and corporates.
Chilexpress is a courier and logistics company that caters services in over 360 Chilean cities and has a customer base of over 140,000 small and medium enterprises (SMEs).
Kamal Exchange, a money exchange company, will serve as Western Union agent to provide its consumer money transfer services to firms and individuals in Jordan.
Western Union Business Solutions enables firms to send and receive international payments and manage foreign exchange in more than 135 currencies.