Transmission Troubles
Heavy inflows of remittances impair a country’s ability to conduct monetary policy Many developing and emerging market economies are modernizing
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Western Union
Western Union : Diaspora Remittances Can Spur Economy
At the beginning of this year I indicated that Zimbabwe must work very hard to raise national productivity in order to enhance national competitiveness. Undoubtedly, one of the stumbling blocks to raising productivity is limited finance or liquidity crunch.
Read moreNew Study Finds Positive Impact of Remittances More Widespread than Previously Thought
The University of Colorado Boulder Leeds School of Business, which includes the well-regarded Business Research Division, and The Western Union Company, a leader in global payment services, today announced the release of a first-of-its-kind study that sheds new light on the positive impact of cross-border money transfer broadly and of Western Union services in particular.
Read moreSmart, Western Union launch remittance service with rewards
Manila, Philippines – If you’re expecting remittances from relatives in Singapore, now’s the best time to encourage them to send the funds to your Smart mobile number via Western Union.
Read moreWestern Union Launches Prepaid Gold Card in the Philippines
Western Union, a leader in global payment services, today announced the launch of the Western Union Gold Prepaid Card in the Philippines.
Read moreWestern Union becomes the largest int’l money remittance network in Bangladesh
Western Union, together with its Agents, have become the largest international money remittance network in Bangladesh, by exceeding a record-setting 12,000 Agent locations across the nation recently.
Read moreWestern Union unveils cross-border mobile money transfer service in El Salvador
The Western Union Company, a provider of payment services, has announced the launch of a new way for people in El Salvador to receive money from abroad.
Read moreDubai Islamic Bank Pakistan and Western Union launch remittance service
Dubai Islamic Bank Pakistan Limited (DIBPL) and Western Union (WU) have launched a convenient remittance solution for sending money to families living in Pakistan.
Read moreElectraCard Services Underpins Western Union® ICICI Bank Prepaid Card In India
ElectraCardServices (ECS) successfully helped launch the Western Union® ICICI Bank Prepaid Card in India recently, as Western Union’s preferred technology and processing service partner.
Read moreSafaricom, Western Union partner to allow free M-Pesa remittances
Safaricom and Western Union have partnered for a promotional deal that allows Western Union users in Europe to send money to Kenyan M-Pesa accounts for free until the end of 2013.
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