Western Union taps small businesses online

Source: Western Union

The Western Union Company (NYSE:WU), a leader in global payments, today announced the launch of Western Union® Small Business Payments, an online payment acceptance and accounts receivable service designed specifically for small-to-midsized businesses.

The new Western Union payments solution, available nationwide in the United States, delivers payment processing, automated invoicing, recurring billing, customer management and reporting, in one integrated payment suite for small-to-medium business owners.

The Small Business Payments service is the latest offering in the full spectrum of Western Union® billing and payment solutions, including walk-in, online, sms text and mobile channels.

"Western Union understands the need for business owners to invoice and accept payments in a timely, efficient manner to optimize their cash flow and keep their businesses healthy," said Victoria Lopez-Negrete, senior vice president and general manager, North America, Western Union. "With Western Union, small-to-medium sized businesses, which continue to play a vital role in the U.S. economy, can manage their businesses more efficiently."

As an integrated payments solution, Small Business Payments will allow business owners to enroll for the service online quickly and effortlessly. Small business customers will benefit from the ease and convenience of online or phone payments from their checking account or credit card. More than 27 million small businesses exist in the U.S. marketplace, according to the U.S. Department of Commerce Census Bureau. The service is designed to meet the unique needs of this business segment, with features customized to deliver high value in performance, reliability, and ease of use.

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