The Western Union Company (WU), a leader in global payment services, today announced that consumers in Austria, Belgium, Germany, the Netherlands and the United Kingdom now have the option to fund online and mobile Western UnionMoney Transfer transactions using their bank accounts.
Today’s launch adds to Western Union’s online and mobile bank account-based services, which allow senders to tailor transactions according to their unique needs, including speed of delivery, method of payment, cost of service and consumer preference on the receive side of the transaction.
“Western Union continues to develop online capabilities that cater to the high-principal, account-based customer,” said Khalid Fellahi, senior vice president and general manager, Western Union Digital. “Providing bank account-based funding options expands our relevance to a wider customer set and makes WU.com a compelling choice for banked customers worldwide.”
The new funding option enables account-based payment for online money transfers to more than 200 countries and territories via integration with online banking portals. Senders can direct their money transfers into a receiver’s bank account in certain countries or opt for cash payout at more than 500,000 Western Union retail Agent locations worldwide.