The Western Union Company, a global cross-border, cross-currency money movement and payments platform, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership. The deepened partnership expands Mastercard Send integration into Western Union’s global money movement network, and also Mastercard’s Cross-Border Services delivery via Western Union Business Solutions, a company statement said.
The partnership expansion will broaden choice for both Western Union’s consumers and Mastercard’s business clients, it added.
“We’re very proud of the relationship that we continue to build with Mastercard, and the role we play for them as a trusted partner and provider of innovative cross-border payment solutions,” said Gabriella Fitzgerald, President, Americas Region at Western Union. “This is just one more example of the world’s leading financial services companies coming to Western Union for our technology, expertise and the power of our omni-channel global financial network to meet their cross-border money movement and payments needs.”
“Western Union is a critical partner for Mastercard as together we focus on digitizing and modernizing the movement of money — for consumers and businesses,” added Leigh Amaro, Senior Vice President, Enterprise Partnerships at Mastercard. “Combined, our networks offer unique global reach, for efficient and secure transactions.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.