Western Union Works with TerraPay to Expand Payout Options to Millions of Mobile Wallets
Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, announces an alliance with TerraPay to enable mobile wallet and bank account payout. The alliance further expands upon Western Union’s account payout network for sending remittances directly into customers’ mobile wallets across Europe, Africa, Asia and Latin America.
TerraPay’s low value payments network connects financial instruments internationally. The company’s interoperability engine enables custo...