Western Union pioneered the idea of moving money around the world and today offers one of the largest and most diverse money transfer portfolios in the world. As a global financial technology and payments leader, our company serves four distinct segments: Business-to-Business, Business-to-Consumers, Consumer-to-Business and Consumer-to-Consumer.
The Western Union Business Solutions division partners with customers to offer real business solutions that help organisations improve cross-border cash flow and international business growth. As an industry leader in this space, we offer strategic solutions for both Business-to-Business and Business-to-Consumer customers, and provide efficient international payment products to address customer needs across a broad range of sectors. With a dedicated focus on serving the needs of today’s business customers, this specialized team facilitates payments globally, as well as provides cash management, risk management, and advanced treasury solutions.
As part of our ongoing commitment to serve the charity sector, in 2012, Western Union launched the WU® GlobalPay platform to address the big issues NGOs face today; to help get money where and when it’s needed the most in an efficient, reliable and transparent way. This online payment solution allows you to send funds quickly and reliably via wire, draft as well as cash disbursement via the Western Union® global Agent network, mobile phone and pre-paid cards to some of the most isolated parts of the world. From collection to conversion to delivery, NGOs can now focus on the vital work at hand. WU® NGO GlobalPay combines over 160 years of Western Union experience moving money and our global financial network – which now spans over 200 countries and territories – with the foreign exchange and international payments expertise of our dedicated business-to-business team. Like all of our business solutions, our suite of services for NGOs is backed by the dedicated support of experienced FX specialists who understand their unique needs.
This solution has enabled over 900+ NGOs to disperse $5.7B around the world. This success was through direct feedback and interaction with Global NGOs, whom we share as common partners.