Western Union Meets Customers’ Needs In Challenging Times
March 20 2020 - 6:53PM
Business Wire
Worldwide Western Union Customers
increasingly choose to send money digitally from the comfort and
safety of their home
Company is working with Agents, Governments,
Customers and Employees to enable global money movement and help
ease the economic impact of COVID-19
Today, Western Union (NYSE: WU), a global leader in
cross-border, cross-currency money movement and payments, informed
its money transfer customers that the Company’s money movement
network stands ready to help customers deliver vital financial
support to friends and families around the world in these
challenging times. Customers can choose to send funds via Western
Union’s increasingly adopted digital channels or its vast retail
network.
In light of the current COVID-19 pandemic, Western Union
understands that some of its customers may look for alternate ways
of sending money to their loved ones. Certain retail Agent
locations have suspended operations in connection to COVID-19
preventative measures. Western Union is encouraging customers to
opt for digital money transfers offered through westernunion.com
and the Western Union Mobile App. Westernunion.com is available to
customers in more than 70 countries plus additional territories,
and the Western Union Mobile App is available in 40 countries.
Customers can send money globally, track a transfer, and check
pricing and exchange rates 24 hours a day, seven days a week on
these digital channels. Transfers can be paid out into Western
Union’s global bank account and mobile wallet network as well as at
Agent locations world-wide.
Western Union’s vast retail network with more than 500,000
locations globally continues to accept and pay out in local
currency, except in some locations in certain areas where business
operations have been suspended as a result of COVID-19. Customers
who want to check the status of operating hours of Western Union
locations can use the Agent Locator tool, which is being updated
multiple times a day to provide the most accurate and up-to-date
information.
“The unprecedented nature of COVID-19 requires every global
organization to come together to address the crisis and provide
essential services to their customers at this critical time while
prioritizing the safety of employees and Agents,” said Hikmet
Ersek, President and Chief Executive Officer at Western Union.
Ersek said, “At Western Union, we know that for many of our
customers, home is more than one place. As our customers work and
try to stay safe in one part of the world, they feel an
ever-greater sense of responsibility to support their family and
loved ones across the globe.”
“During this crisis world-wide our customers are increasingly
choosing to send money digitally from the comfort and safety of
their homes. Our global presence enables people to send and receive
money to provide for essentials, including health care and medical
supplies.”
At the outset of this outbreak, Western Union activated business
continuity plans including preparing and mitigating the risk of
COVID-19 for our employees and customers. Western Union is
encouraging its Retail Agents and customers to adhere to guidance
from the World Health Organization (WHO) and other leading health
authorities, including minimizing social interactions with others.
Detailed information and WHO recommendations can be found here.
Regular updates on Western Union services will be provided via a
dedicated COVID-19 resource site and can be found here.
WU-G
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement and payments. 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, 2019, our network included over 550,000 retail agent
locations offering our 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 2019, is available in over 70 countries, plus additional
territories, to move money around the world. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200320005527/en/
Media Contacts:
Western Union Global Communications Pia De Lima;
Pia.DeLima@westernunion.com +1 (954) 260-5732
Western Union Americas Margaret Fogarty;
margaret.fogarty@wu.com
Western Union Middle East & Africa Mohamed El
Khalouki; Mohamed.ElKhalouki@wu.com
Western Union Asia-Pacific Karen Santos;
Karen.Santos2@westernunion.com
Western Union (NYSE:WU)
Historical Stock Chart
From Oct 2024 to Nov 2024
Western Union (NYSE:WU)
Historical Stock Chart
From Nov 2023 to Nov 2024