Doing business anywhere in the world has just become easier for New Zealand businesses with the launch of an online payment service from The Western Union Company (NYSE:WU).
The new service gives access to online payments 24-hours a day seven days a week in more than 135 currencies. Customers are able to make international payments to over 200 countries and territories around the world and take advantage of the company’s global clearing network, one of the largest in the world, to enable local currency payments.
Called ‘Western Union Business Solutions Online FX’ the service is specifically designed to meet the needs of small to medium sized enterprises that operate overseas and need to manage international payments at any time, whether they are using the office or home computer, or are on the move with a tablet or smart phone.
“This new online product will help Kiwi companies take advantage of business opportunities, wherever they are in the world. It uses Western Union’s existing list of over 135 currencies in which it transacts, and a network of countries where funds can be cleared locally. This new service is good news for business and the economy as a whole,” says Chris Wilson, Country Manager, New Zealand, Western Union Business Solutions.
In addition to the 24-hour access, Western Union Business Solutions Online FX will help customers check real-time exchange rates and fees, and receive live customer support. The platform also allows businesses to lock in exchange rates to ensure the recipient receives the precise amount expected.
Western Union Business Solutions enables companies of all sizes to send and receive international payments and manage foreign exchange, creating unique solutions tailored to suit their FX needs.