Western Union expands its integration with Visa Direct, enabling Western Union’s US customers to send money via digital and retail channels to Visa debit card holders in six countries, including Romania. Until further notice, send capabilities to Romania are retail only. US customers must use a Western Union retail location to send money to Visa debit card holders in Romania.
Western Union today announced an update to its existing partnership with Visa, expanding its integration with Visa Direct, Visa’s real-time1 money movement network, into Western Union’s United States network.
Western Union’s integration with Visa Direct was initially activated across Europe, allowing Western Union customers in more than 20 countries to send and/or receive funds directly to eligible Visa debit card holders.
Building on this momentum, Western Union customers in the United States can now send money in near real-time to eligible Visa debit cards in Colombia, El Salvador, Jamaica, Philippines, Romania2 and Thailand using WU.com, the Western Union app, or from many of Western Union’s US retail locations.
“Western Union and Visa share a vision for modern money movement, one that ensures cross-border payments are reliable, efficient and transparent, with convenience and the customer’s channel of choice at the center of our customer experience,” said Gabriella Fitzgerald, President of the Americas Region, Western Union. “Our partnership with Visa underscores the benefits that collaboration brings to realizing this shared vision for our joint customers around the globe.”
“Visa is transforming cross-border payments with Visa Direct by helping to bring the ability to securely send and receive funds in near-real-time to more use cases around the world,” said Yanilsa Gonzalez-Ore, senior vice president, North America head, Visa Direct. “Through this partnership, we are using Western Union’s digital capabilities to help US customers send money to their family and friends and provide a means to help with bills, as a gift, or for an emergency.”
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1 Actual funds availability depends on receiving financial institution and region
2 Until further notice, send capabilities to Romania are retail only. US customers must use a Western Union retail location to send money to Visa debit card holders in Romania.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
