Mobile payments solution forms through new Western Union partnership

Western Union Mobile Payments

The company has partnered with a Nigerian company in order to provide locals with smartphone money solutions. The Western Union Company has just entered into a deal with the Nigerian company called Virtual Terminal Network (VTN) in order to provide a mobile payments solution to consumers in the country. The service allows users to fund a VTN VCASH account and transfer money to other accounts. The customers would fund the account through the use of Western Union. From there, VCASH users would be able to make mobile payments transfers for…

Read More

What is mobile commerce and how it affects the way we do business

New iphone

Mobile commerce – creating a more convenient economic ecosystem within the palm of your hand Commerce is changing; it is becoming more mobile as smartphones and tablets become more prolific. Consumers are finding that their mobile devices are more convenient to use than traditional methods of commerce due to the vast assortment of applications that are available to them. The convenience and availability of these devices has caused a spike in mobile commerce activity and interest, with consumers showing that they are now more willing than ever before to move…

Read More

Mobile payments partnership expands between Western Union and ChinaPay

Western Union Mobile Payments

This agreement between the two giants will allow Universities worldwide to use Direct RMB transactions. The Western Union Business Solutions unit has just announced that it will be broadening its partnership with ChinaPay, the UnionPay subsidiary for online and mobile payments from China’s bankcard association. This will allow participating universities around the globe to accept international tuition. In addition to the tuitions for these institutions of higher education, they will also be able to accept student fees in the Renminbi (RMB) the currency of the People’s Republic of China. As…

Read More

Western Union adds new payment entity combining online, prepaid card, and mobile business

Western Union Mobile Campaign

The biggest payment transfer company in the world, Western Union Co., has announced that it will be combining its online, prepaid card, and mobile business to create a single new entity which will provide consumers with a larger number of services and will grow their customer base. The official online portal for the company, westernunion.com, provides payment transfer services among two hundred countries around the world. This portal will now become a new element of the Western Union Ventures unit, under the leadership of Dianne Scott, the company’s chief marketing…

Read More