
Partnering with EZECORP
Global payments providers The Western Union Company and EZCORP Inc., providers of instant cash solutions, have announced a partnership that sees Western Union Money Transfer payment services available to consumers at over 1,200 EZCORP store locations in the USA, Canada and Mexico.
Commenting on the new agreement Victoria Lopez-Negrete, Senior Vice President and General Manager, North America at Western Union said: “Western Union is positioned at the nexus between cash and electronic technologies. Our relationship with EZCORP will now enable consumers to send and receive money transfers, purchase money orders and make bill payments – all in one convenient location.”
“Our agreement with Western Union will allow EZCORP to provide vital money transfer and other payment services, thereby deepening our relationship with our customer base,” said Paul Rothamel, EZCORP’s President and Chief Executive Officer. “Western Union is an established global brand, and the company facilitates the reliable and timely movement of money through a substantial international network. Aligning with Western Union is a natural choice for EZCORP, as we remain committed to providing exceptional service and meeting our customers’ wide variety of financial needs.”
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more