Western Union Offers Apple Pay™ as New Pay-In Option for Money Transfer Customers
28 January 2015 - 12:00AM
Business Wire
Customers at Western Union flagship and
Walgreens/Duane Reade locations can now send Money Transfers using
Apple Pay solution
Western Union (NYSE:WU) a leader in global payment services,
today announced it will offer Apple Inc. (NASDAQ:AAPL)’s technology
Apple Pay™ mobile payment solution at Western Union’s flagship
locations, to provide consumers yet another way to fund global
money transfers and bill payments in the United States.
Consumers making Western Union transactions at kiosks in over
7,600 Walgreens and Duane Reade locations nationwide also have the
ability to utilize the Apple Pay service.
“Innovative payment options are a strategic focus for Western
Union, and starting to accept Apple Pay is in keeping with the
company’s blueprint for the future,” said Odilon Almeida, Western
Union President, Americas and European Union. “Our customers’ needs
and preferences are top of mind,” he added.
Western Union analysis shows that international money transfer
senders, particularly recent immigrants, are as mobile-savvy and
digitally motivated as the general population with nearly six out
of 10 migrants owning a smartphone, moving it from a luxury device
to an irreplaceable everyday necessity. Over two thirds of migrant
international money transfer senders and more than 80 percent of
non-migrant international money transfer senders own a
smartphone.
“Our customers have an expectation of using mobile technology to
make money transfer service and product accessibility easier.
Western Union is rising to the occasion as we harness our system
with modifications to link cash and digital transfers between
retail locations, mobile phones, prepaid cards, online and
traditional bank accounts and ATMs,” said David Thompson, Executive
Vice President, Global Operations and Technology and Chief
Information Officer.
Launched at Western Union’s flagship 1440 Broadway in New York
City—with more participating Western Union Agent locations to
follow—customers will be able to use their iPhone 6 to fund a
Western Union Money Transfer® transaction or bill payment.
To use this service, customers must register their debit card on
their device and ensure their bank is a participating partner of
the Apple Pay service. They can then make a payment simply by
holding their phone near the contactless reader with their finger
on Touch ID. Consumers’ debit card numbers are not transmitted in
payment, nor are they shared with the Western Union Agent.
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, 2014, the Western Union, Vigo and Orlandi Valuta
branded services were offered through a combined network of over
500,000 agent locations in 200 countries and territories and over
100,000 ATMs and kiosks. In 2013, The Western Union Company
completed 242 million consumer-to-consumer transactions worldwide,
moving $82 billion of principal between consumers, and 459 million
business payments. For more information, visit
www.westernunion.com.
WU-G
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20150127005225/en/
Western Union CompanyAmericas and European Union:Pia De
Lima, +1 954-260-5732Pia.DeLima@westernunion.comorUS:Sarah
Meske, +1 720-332-2796sarah.meske@westernunion.com
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