Leading global payment provider, Western Union
has announced that their online money-transfer service is up and
running in Brazil for Banco do Brasil customers.
The Western Union Money Transfer Money in
Minutes service is available through the Banco do Brasil
website.
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By GlobalData“Our relationship with Western Union offers
Banco do Brasil the ability to complement its range of products and
services to reach new consumer segments and meet the unique needs
of the diverse communities it serves,” said Admilson Monteiro
Garcia, managing director of Banco do Brasil’s International
Business Division.
“Western Union will help Banco do Brasil to
continue offering innovative financial services to new and existing
consumers and to those who prefer online banking,” added
Garcia.
Western Union is expanding its money-movement
service offerings, and in an effort to strengthen both its
relationship and value proposition with consumers, the company is
looking to tap into cash, account and card-based solutions.
Stewart A. Stockdale, president of The
Americas – EVP Global Cards and Global Key Accounts, said: “Our
relationship with Banco do Brasil to offer online money transfer is
part of Western Union’s new focus on identifying and driving the
development of best-in-class services to expand the company’s
business to new consumer segments in Brazil.”
The Western Union Money Transfer service has
been available in Brazil since the partnership between Western
Union and Banco do Brasil was born in 1997.