- Western Union launches online international money transfer service in Thailand, the first in the sector
- Service launched in collaboration with Central Department Store, one of Thailand’s largest department store chains
- “Our collaboration with Western Union is focused on delivering customer centric solutions and services and enable convenient financial transactions”, said a representative of Central Group’s Financial Services
As part of its plans to expand digital services throughout Asia, Western Union has rolled out an online service to provide international money transfers in Thailand.
Western Union noted that this is the first transfer service available in this sector. Thai customers now have access to a worldwide connection 24/7 through Western Union’s transactional website or its mobile app.
Western Union launched the service in collaboration with the Central Group, which is one of Thailand’s biggest department store chains. The Central Group was the first Western Union agent in Thailand, and they have provided international money transfers at their retail stores for almost 25 years.
“The ability to smoothly and fluidly transfer money internationally by the latest digital means elevates our relevance to our customers across the world”, said Khalid Fellahi, Senior Vice President and General Manager of Western Union Digital. “We use cutting-edge technology to simplify money transfer.”
The digital services provided by Western Union in Thailand enable it to transfer funds into billions of bank accounts across the globe in almost 100 countries and territories and to over 500,000 agent locations in more than 200 countries and territories.
Fellahi added that Western Union customers can pay for their transfers within digital channels by using their choice of credit cards, debit cards or bank accounts. They can also use Western Union’s website or app to begin the transaction and then pay for it in person at a retail location.
“Our collaboration with Western Union is focused on delivering customer centric solutions and services and enable convenient financial transactions”, said Montri Sithiyavanich, Central Group’s head of Financial Services.
Sithiyavanich added that Western Union has used innovation to build a strong platform for cross-border payments that can move money to almost any location in the world in just a few moments and that he is very pleased to be collaborating with them to make more choices available for people in Thailand to transfer money reliably in many formats, including digital channels, cash, online and offline.
The Thailand Board of Investment (BOI) has stated that the type of digital services provided by Western Union will have a major impact in driving the country’s economic transformation scheme and will be a significant part of a “Thailand 4.0” strategy to build an economy propelled by technology and innovation.
According to a report released earlier this year by Hootsuite and We Are Social, over 57 million of the country’s population of 69 million use the internet, which means that almost 83% of the population is online. Also, Thailand has over 92 million mobile subscriptions. Western Union is now poised to see a major increase in revenue from its Asian operations.
For the latest information on international money transfers companies, visit our magazine section.
- Western Union launches online international money transfer service in Thailand, the first in the sector
- Service launched in collaboration with Central Department Store, one of Thailand’s largest department store chains
- “Our collaboration with Western Union is focused on delivering customer centric solutions and services and enable convenient financial transactions”, said a representative of Central Group’s Financial Services
As part of its plans to expand digital services throughout Asia, Western Union has rolled out an online service to provide international money transfers in Thailand.
Western Union noted that this is the first transfer service available in this sector. Thai customers now have access to a worldwide connection 24/7 through Western Union’s transactional website or its mobile app.
Western Union launched the service in collaboration with the Central Group, which is one of Thailand’s biggest department store chains. The Central Group was the first Western Union agent in Thailand, and they have provided international money transfers at their retail stores for almost 25 years.
“The ability to smoothly and fluidly transfer money internationally by the latest digital means elevates our relevance to our customers across the world”, said Khalid Fellahi, Senior Vice President and General Manager of Western Union Digital. “We use cutting-edge technology to simplify money transfer.”
The digital services provided by Western Union in Thailand enable it to transfer funds into billions of bank accounts across the globe in almost 100 countries and territories and to over 500,000 agent locations in more than 200 countries and territories.
Fellahi added that Western Union customers can pay for their transfers within digital channels by using their choice of credit cards, debit cards or bank accounts. They can also use Western Union’s website or app to begin the transaction and then pay for it in person at a retail location.
“Our collaboration with Western Union is focused on delivering customer centric solutions and services and enable convenient financial transactions”, said Montri Sithiyavanich, Central Group’s head of Financial Services.
Sithiyavanich added that Western Union has used innovation to build a strong platform for cross-border payments that can move money to almost any location in the world in just a few moments and that he is very pleased to be collaborating with them to make more choices available for people in Thailand to transfer money reliably in many formats, including digital channels, cash, online and offline.
The Thailand Board of Investment (BOI) has stated that the type of digital services provided by Western Union will have a major impact in driving the country’s economic transformation scheme and will be a significant part of a “Thailand 4.0” strategy to build an economy propelled by technology and innovation.
According to a report released earlier this year by Hootsuite and We Are Social, over 57 million of the country’s population of 69 million use the internet, which means that almost 83% of the population is online. Also, Thailand has over 92 million mobile subscriptions. Western Union is now poised to see a major increase in revenue from its Asian operations.
For the latest information on international money transfers companies, visit our magazine section.
