Western Union Now Offering Two Options for International Travelers
Prepaid card, send-money-to-yourself offerings address unmet needs in market
ENGLEWOOD, Colo. -- December 18, 2012
Western Union today announced the introduction of two offerings to address
many of the unmet needs of international travelers: a prepaid card just for
travelers and an option for travelers to send a Western Union Money Transfer^®
transaction to themselves.
The two offerings will address different market segments: those who rely on
cash while traveling, and those who prefer to use a payment card.
“International leisure travelers have needs that are not being met by the
traditional financial system,” said Diane Scott, Executive Vice
President,Chief Product and Marketing Officer, Western Union. “Western Union
connects cash with the electronic world in a way no other company can, and
we’re proud to introduce solutions that our customers want and need.”
For travelers headed to developing countries like China, India, Malaysia,
Mexico and Thailand, where the need for cash is critical and ATMs may be hard
to find, Western Union now offers them the option to send a money transfer to
themselves prior to leaving for a trip. For transfers to most countries, the
foreign-exchange rate is determined when the funds are sent, so travelers know
exactly how much will be waiting for them in cash when they arrive at their
For travelers who prefer the convenience of card payments, the general-purpose
reloadable (GPR) Western Union TravelWise^TM Prepaid MasterCard is a
convenient and fee-friendly alternative to carrying large amounts of cash.
The launch of these two offerings is part of the company’s continued evolution
to provide new and innovative products and services for a variety of customers
around the globe. Western Union is piloting the two offerings in the U.S., the
U.K. and Germany this year, and will continue to expand the program in 2013 in
additional countries with new features.
For more information about Western Union’s offerings for travelers, visit
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment services.
Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business
Solutions branded payment services, Western Union provides consumers and
businesses with fast, reliable and convenient ways to send and receive money
around the world, to send payments and to purchase money orders. As of
September 30, 2012, the Western Union, Vigo and Orlandi Valuta branded
services were offered through a combined network of approximately 510,000
agent locations in 200 countries and territories. In 2011, The Western Union
Company completed 226 million consumer-to-consumer transactions worldwide,
moving $81 billion of principal between consumers, and 425 million business
payments. For more information, visit www.westernunion.com.
Kristin Kelly, +1 720-332-4751
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