Wing and Western Union Leverage Partnership for International Money Transfer on Mobile App

571

PHNOM PENH: Thursday 2nd of 2019 Mobile Digital International Money Transfers to more than 200 countries have been introduced for the first time for more than one million Wing Money App customers in Cambodia, thanks to a collaboration between Western Union, a leader in cross-border, cross-currency money movement and Wing (Cambodia) Limited Specialised Bank, Cambodia’s leading mobile banking services provider.

With a few clicks on their Wing Money App, customers can send Western Union money transfers to their family and loved ones, real-time, 24/7, to more than 200 countries and territories.

The fingertip convenience is available to all Wing Money App customers whether they are international or domestic expatriates or workers. Customers have the choice to use direct transfers from their Cambodia enabled bank accounts or choose cash wallet natively within the app – which can be cashed in at over 6,000 Wing agents.

Sohini Rajola, Regional Vice President of South Asia and Indo-China and Jojo Malolos, Chief Executive Officer of Wing.

“Our platform enables us to power cross-border money movement solutions on a global scale. With our deep financial services expertise and technology to connect the digital and physical worlds of money, we are well-positioned to empower customers by providing solutions that meet their financial needs,” said Sohini Rajola, Regional Vice President, South Asia and Indo-China.

Sohini Rajola, Regional Vice President of South Asia and Indo-China speech on Wing and Western Union Leverage Partnership for International Money Transfer on Mobile App.

“Remittance is an important source of income for many families – this holds true both for families living here in Cambodia, and for migrants and foreign workers’ families living abroad. Connecting customers with their families is key and providing the utmost convenience in doing so is pivotal. With an increase in mobile popularity and broadband penetration, we are excited to extend our service with Wing to provide customers with digital money transfer options to move money in the ways that they want to, and play a critical role in their lives and in the global economy” added Rajola.

MC Khive Sansan and Sohini Rajola, Regional Vice President of South Asia and Indo-China.

“Last year, We announced our collaboration with Western Union that enabled customers in Cambodia to receive money at Western Union service enabled Wing agent locations as part of our campaign Wing2World. The service availability is now extended to 1000 agents nationwide. Today with the activation of Western Union service on our Wing Money App, we are delighted to take our collaboration to the next level, enabling migrants, the unbanked, under banked Cambodians and foreign workers to conveniently transfer money real-time, 24/7, to their families and dependents back home and globally,” said Jojo Malolos, Wing Chief Executive Officer.

Jojo Malolos, Chief Executive Officer of Wing speech on Wing and Western Union Leverage Partnership for International Money Transfer on Mobile App.

“Our commitment to customers is unwavering, and we won’t stop here. We plan to continue to roll out and further extend our capabilities to provide convenient experiences for customers.” added Malolos.

Jojo Malolos, Chief Executive Officer of Wing (Cambodia) Limited Specialised Bank.

In addition to local and international money transfer services, customers can process various transactions on the Wing Money app, ranging from phone top-up, bill payment, online and QR payment, and many others.

About Western Union: The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement. Our Omni channel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability.  As of December 31, 2018, our network included over 550,000 retail agent locations offering Western Union, Vigo or Orlandi Valuta branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2018, is available in more than 60 countries, plus additional territories, to move money around the world.  In 2018, we moved over $300 billion in principal in nearly 130 currencies and processed 34 transactions every second across all our services. With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth. For more information, visit www.westernunion.com

About Wing (Cambodia) Limited Specialised Bank: Wing (Cambodia) Limited Specialised Bank is Cambodia’s leading mobile banking service provider. Launched in 2009, Wing is committed to providing financial inclusion to the unbanked and under-banked allowing every Cambodian access to services including local money transfers, bill payments and phone top-ups, online shopping and QR payment, as well as instant international money transfer from more than 200 countries. Wing remains at the forefront of the mobile money and electronic payment services market in Cambodia with 100% district coverage via a nationwide network of over 6,000 Wing Cash Xpress outlets. It has partnerships with more than 30,000 merchants and global industry leaders including Mastercard and WorldRemit. In addition, small and medium enterprises, as well as larger companies, are able to use Wing’s payroll and disbursement services, helping to further develop its payment ecosystem.