Western Union Business Solutions has announced the expansion of its global capabilities, bringing faster and more transparent payment services to business customers.
Western Union Business Solutions has integrated SWIFT Global Payment Initiative and increased its international currency options within its WU® Mass Payments API to 130.
As a SWIFT GPI member, Western Union Business Solutions will provide clients with increased visibility and certainty that their payments will rapidly reach their intended destination.
WU Mass Pay enables a superior experience for recipients with built-in, real-time FX quotes. Partners can send up to 10,000 payments in over 130 currencies in a single batch with near real-time payment tracking, report functionality, and automated notification changes to payment status with the option to route payments over the Western Union Business Solutions global network.
Scott Johnson, Head of Product at Western Union Business Solutions, commented:
“We are continuously advancing our capabilities to give our clients the tools to access the growing global marketplace. Adding Swift GPI and expanding our currency portfolio within our Mass Payments API advances not only our competitive advantage but that of our customers. Customers expect, and now have, payments that are faster, traceable, transparent, consistent, and more reliable. We give them that, along with our global compliance program.”