New Partnership Makes Cross-Border Money Transfers Easier
Western Union and Viber have partnered to make it faster and easier to send friends and family money virtually anywhere in the world using the Viber app.
The collaboration between Western Union’s Connect platform and the Viber app will provide:
- The ability to send money to more than 200+ countries and territories. For the initial release, Viber users in the United States will be able to send up to $499 to more than 500,000 Western Union Agent locations.
- Viber users can start and finish money transfers using the Viber app.
- To make the transaction as seamless as possible, Western Union and Viber will provide foreign exchange conversion and data management, as well as regulatory, compliance and anti-money laundering infrastructure.
“Through this alliance with Viber we continue our positive momentum to increase the number of ways to move funds into our global FinTech cross-border platform, expanding our digital omni-channel network,” said Hikmet Ersek, President and CEO, Western Union.
“Our users are already using Viber to stay in touch with friends and families worldwide, so the ability to send money to loved ones through the app is a natural next step,” said Michael Shmilov, Chief Operating Officer, Viber. “Viber’s alliance with Western Union is our first step into this direction and it gives our users a new way to quickly and conveniently send money to friends and family.”
The API-based Western Union Connect platform was launched in 2015 and allows Western Union to partner with social messaging apps to make it easier for people to send money. Money transfers can be funded using a debit or credit card or a bank account.