In a recent mediacon, Western Union nnounced the launch of a new mobile app in the Philippines, giving millions of consumers in the country the power to send funds abroad. The Philippines is the first global market where Western Union launches an app with both send and request capabilities.
The app can send funds abroad seamlessly, and through Western Union’s global financial network gain access to billions of bank accounts, millions of digital wallets and cards, and hundreds of thousands of retail locations for cash payout. To send funds, app users have the option to pay online securely using the national QR code payment method ‘QR Ph’. Signing up to use the app is easy and takes up only a few minutes.
consumers who use the app can request funds from senders in the U.S., Australia, Singapore the UK and several other global markets with large Filipino diasporas present1, simply by filling their receiver info. Senders will then be able to complete the transaction online from the country they reside in. Receivers have multiple options to access their funds: cash withdrawal at a retail location, deposit to bank account or directly to a digital wallet, depending on the market.
In a statement from Gregory Laurent, Vice President for the Philippines, Japan, Australia, New Zealand & Pacific Islands at Western Union " (Today’s )launch marks an important milestone in our effort to serve consumers in the Philippines better and connect them to their families and loved ones across the world. For many in the country, remittances represent a life with more opportunity and hope. At the same time, an increasing number of Filipinos opt to send funds abroad. Our new app gives the opportunity to do both, with the flexibility and trust that Western Union can provide".
Expect a video follow-up on Ron Not The DJ on Youtube as we have yet to dig on some missing information from the said app launch as well as the actual app demo.
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