Visa and Western Union Form Strategic Alliance

Western Union is teaming up with Visa Direct to enable real time push payments that will bring more speed and transparency to sending money around the world; once this service is live Western Union will offer customers an expedited remittance service onto debit cards; Western Union completed more than 800 million transactions for consumer and business clients in 2018; the global head of push payments for Visa, Bill Sheley, said, “Together Visa Direct and Western Union are collaborating with plans to scale real-time cross border payments to businesses and consumers in more than 200 countries and territories in more than 130 currencies”. Source.