Payment services provider Western Union has
partnered with Seven Bank to launch international money-transfer
services in Japan.
The service, due for launch later this month,
will enable registered Seven Bank customers to send money online
via their bank accounts.
Go deeper with GlobalData
Japanese consumers will also be able to
transfer money through ATMs in the country from July 2011 – marking
the first time Western Union services are available via an ATM in
the Asia-Pacific region.
“More than 2m people in Japan have moved there
from different countries – including China, Korea, Brazil, the
Philippines and the US – and they are often sending money home,”
said Drina Yue, MD and SVP of Western Union Asia Pacific.
“Western Union is proud to make it easy for
them move money how, where and when they want.”
The service will connect Seven Bank’s
account-holders to Western Union’s global network of more than
400,000 agent locations in 200 countries and territories.
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By GlobalData
