Western Union Partners With African Banks for Easy Cross-Border Transfers

Top Trends By Pymnts Nov 8, 2021

Pymnts.com writes a new article about how Western Union is teaming up with major financial institutions in Africa to make digital cross-border money transfers and bill payments faster, and easier.

They quote Massimiliano Alvisini, senior vice president and general manager for Western Union in Africa, Europe, and CIS, as saying “customers, globally and in Africa, want flexibility and trust in their cross-border money transfers and payments [and] at Western Union, we give them both.”

The websites note that KCB Bank Kenya, the Diamond Trust Bank (DTB), and the Kenya Post Office Savings Bank (Postbank) are new partners and African customers can now use Western Union to send and receive funds from their mobile banking apps.

The integrations with the three African banking institutions will give “millions of people the ability to use Western Union’s financial network worldwide for bank accounts, wallets, and cards, as well as at over 500,000 agents in 200-plus countries and territories,” they add.

This article was written by Pymnts and originally published on Pymnts. A subscription may be required.