U.S. Bank Enhances Mobile Experience with Western Union in First-of-Its Kind Offering
17 September 2013 - 10:00PM
Business Wire
U.S. Bank and Western Union are collaborating to expand Western
Union Money Transfer® services to U.S. Bank customers via online
banking and, for the first time, through mobile banking. This makes
U.S. Bank the first bank in the United States to seamlessly
integrate the Western Union® global money transfer capability
directly into its mobile banking application (“app”).
U.S. Bank has offered Western Union Money Transfer services
through its branches since 2009 providing its customers the ability
to send money to more than 500,000 Agent locations in 200 countries
and territories. Now, customers can take advantage of the same
services from their mobile app, and, over time, through their
online banking portal.
“U.S. Bank customers will benefit from the company’s active push
into the person-to-person mobile payments space, making money
transfer more convenient for customers,” said Brendan Devine,
digital money movement manager for U.S. Bank. “We are pleased to be
the first bank in the United States to integrate Western Union
money transfer capability directly into our mobile banking
experience, making it that much easier to send money around the
world.”
“We actively look for ways to expand our products and services
to give customers choice and drive future growth,” said Carter
Hunt, senior vice president of commercial sales, Western Union. “As
one of the largest commercial banks in the U.S., extending our
relationship with U.S. Bank helps strengthen our account-based
money transfer offering and solidify our position in the bank
sector.”
Eligible U.S. Bank mobile banking customers will see the Western
Union logo in their person-to-person money transfer options now,
and online banking customers will see Western Union as a funds
transfer option as they are upgraded to the new online banking
platform throughout the year.
Customers must meet certain eligibility requirements to use the
product. For example, they must be a customer of U.S. Bank for at
least a year and have a registered mobile phone and eligible
deposit account (checking or savings).
About Western UnionThe 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 June 30, 2013, the Western Union, Vigo and
Orlandi Valuta branded services were offered through a combined
network of approximately 520,000 agent locations in 200 countries
and territories and approximately 115,000 ATMs. In 2012, The
Western Union Company completed 231 million consumer-to-consumer
transactions worldwide, moving $79 billion of principal between
consumers, and 432 million business payments. For more information,
visit www.westernunion.com.
About U.S. BankU.S. Bancorp (NYSE: USB), with $353
billion in assets as of June 30, 2013, is the parent company of
U.S. Bank, the 5th largest commercial bank in the United States.
Celebrating its 150th anniversary this year, the company operates
3,087 banking offices in 25 states and 5,032 ATMs and provides a
comprehensive line of banking, brokerage, insurance, investment,
mortgage, trust and payment services products to consumers,
businesses and institutions. Visit U.S. Bancorp on the web at
www.usbank.com.
WU-GWU-F
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U.S. Bank Corporate Public RelationsTeri Charest,
612-303-0732teri.charest@usbank.comorWestern UnionKathy Bell,
720-332-5248kathy.bell@westernunion.com
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