Western Union launches business payments wallet in Canada and US

International payments via email

The wallet will be available to clients of Western Union Business Solutions in Canada and the US and will enable them to add and hold funds on balance for future use via Business Solutions’ Online FX platform, and make payments via email to international clients (view press release). The service speeds up transaction processing via pre-funded USD and CAD holding balances that have been loaded onto the wallet, cleared, and are available when the clients wants to initiate payment. To make email payments the recipient’s email address is the only information required; the recipient claims payment online at a secure website.

Small businesses will appreciate how quickly and easily they’ll now be able to send and receive cross border payments,” said Brian Harris, CPO at Western Union Business Solutions.

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