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Western Union Business Solutions and Guavapay Partner For Cross-Border Payments
The Western Union Company, a leader in cross-border, cross-currency money movement and payments, has teamed up with Guavapay, a multi-functional and international payments services provider to provide cost-effective and reliable cross-border payments. Together with Western Union Business Solutions, Guavapay can provide its customers with faster cross-border payments, highly competitive exchange rates, and access to over 130 currencies in more than 200 countries.
The partnership will introduce a new, more frictionless payments scheme that aims to deliver a faster, cheaper and more convenient cross-border payment infrastructure. Moreover, the partnership will help to remove some of the complexities of traditional cross-border money movement.
Orkhan Nasibov, the Director at Guavapay, shares his vision for the partnership:
“We are very excited about this partnership. Guavapay has always been on a mission to enable its customers with seamless and smooth payments. Western Union Business Solutions is a company that millions of people trust for their financial needs and this collaboration will help create more choices and opportunities for our customers to make reliable fund transfers at an affordable and sustainable fee and faster rate. Western Union’s global network and reach across more than 200 countries will help to expand our access to the international market and raise the bar for seamless cross-border money transfers even further.”
Karen Penney, VP of Payments at Western Union Business Solutions, added:
“We are thrilled to contribute to Guavapay’s mission to keep innovating and generating opportunities for businesses across the globe. The integration of our API solution with their platform will help to add value to their customers by providing access to 95% of the globe via our payment network. Together we also offer a seamless brand experience and enable them to keep control over their user Interface.”
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