Western Union Expands International Payment Services in Brazil
August 06 2020 - 7:30AM
Business Wire
The Western Union Company, a leader in cross-border,
cross-currency money movement and payments, today announced an
expansion of services between its Western Union Business Solutions
division and Banco SEMEAR in Brazil to offer the WU® GlobalPay for
FI platform, the Company’s solution for financial institutions that
enables customers to make international payments simply and
efficiently.
GlobalPay for FI provides the benefits of international payment
services without the need to invest in new banking systems
infrastructure. Western Union Business Solutions’ online platform
allows for processing transactions using a network that spans more
than 200 countries and territories, and is available in more than
130 currencies. GlobalPay for FI is a simple and intuitive system
that facilitates the creation of international payments.
“We are very pleased to expand our collaboration with Banco
SEMEAR through the integration of GlobalPay,” said Alberto
Roncajolo, Western Union Business Solutions head of financial
institutions for Latin America and the Caribbean. “Our digital
platform will allow Banco SEMEAR to offer international payments to
its customers globally, with confidence and agility.”
“The partnership with Western Union Business Solutions consists
of expanding the portfolio of products already offered by Banco
SEMEAR. The strategic objective is to integrate new operations into
the current structure, allowing the leverage and expansion of the
institution's business and target audience,” explained Arthur
Campos, Superintendent of Banco SEMEAR.
Western Union Business Solutions allows organizations to
optimize currency movements between different countries with
customized solutions for sending, receiving, and managing
international payments.
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement and payments. The
Company’s 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 March 31, 2020, the Company’s 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,
the Company’s fastest growing channel in 2019, is available in over
75 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.
About Banco SEMEAR
Founded in 2006, Banco SEMEAR offers several services.
Headquartered in Belo Horizonte (MG), the financial institution has
capabilities that covers the entire national territory, with a
large presence in the interior of Minas Gerais and Goiás. In 2019,
it reached 2 million clients and was awarded as the most innovative
bank in the country in the private financial sector. Currently, the
Bank has more than a thousand banking agents, who work to bring all
products to the end customer. For more information:
www.bancosemear.com.br.
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version on businesswire.com: https://www.businesswire.com/news/home/20200806005005/en/
Contacts: Western Union Business Solutions:
Natalie Campos Mejía, +55 11 989737840 natalie.campos@wu.com /
marketingwubs@westernunion.com Eduardo Biagioni, +55 11 966036381
eduardo.biagioni@wu.com Banco SEMEAR: Débora Salasar ,
(31)98839-1880 – (31)99801891 debora.salasar@bancosemear.com.br
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