{"id":418249,"date":"2021-01-20T18:03:26","date_gmt":"2021-01-20T23:03:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=418249"},"modified":"2021-01-20T18:03:26","modified_gmt":"2021-01-20T23:03:26","slug":"western-union-expands-in-south-korea-with-nh-investment-securities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-expands-in-south-korea-with-nh-investment-securities\/","title":{"rendered":"Western Union Expands in South Korea with NH Investment & Securities"},"content":{"rendered":"

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Western Union Expands in South Korea with NH Investment & Securities<\/b><\/p>\n

NH Investment & Securities Mobile App and Branch Locations to Offer Western Union Services<\/i><\/p>\n

SEOUL, South Korea–(BUSINESS WIRE<\/a>)–Western Union<\/a>, a global leader in cross-border, cross-currency money movement and payments, and NH Investment & Securities<\/a> (NH I&S), one of the largest investment and securities companies in South Korea, today announced the integration of Western Union branded digital and retail person-to-person (P2P) transfers within the portfolio of financial services offered to account holders of NH Investment & Securities.\n<\/p>\n

\nNH I&S account holders in South Korea now have the choice to send and receive money using Western Union via the firm\u2019s 24\/7 mobile app<\/a> or 85 branch locations across South Korea. NH I&S Account holders will have the option of their transfer being paid into recipient bank accounts in select countriesi<\/sup> across the world or at 550,000 retail locations in over 200 countries and territories.\n<\/p>\n

\nWestern Union\u2019s cross-border, cross-currency platform seamlessly integrates local regulation, compliance, channels, currency, and language. The capability translates into a payment experience of convenience, choice, and trust for consumers served directly by Western Union. In recent times, Western Union has opened its platform to a growing band of partners representing the financial, telecom, and tech sectors.\n<\/p>\n

\n\u201cWe are delighted to offer Western Union branded services to the account holders of NH I&S, a leading financial institution in South Korea. It provides choice to send and receive money with 24\/7 digital access or in-person branch services. Providing multi-channel choice to customers is an important goal for Western Union \u2013 whether that is to pay-in or pay-out funds based on their individual preferences,\u201d said K. Premmananth, Head of Network, Singapore, Indonesia, and North Asia, Western Union.\n<\/p>\n

\nPremmananth added, \u201cAt Western Union, we are serving customers directly through our own branded channels or offering services in partnership by innovatively integrating our services via a branded, co-branded, or white-label model. This reshaped business model is enabling us to serve customers in a manner that is most convenient to them.\u201d\n<\/p>\n

\n\u201cWe have integrated Western Union services to meet the unique needs of our diverse customer base. The addition of Western Union is a part of our commitment to offer service excellence for our customers by offering the widest range of services under one umbrella. The integration of Western Union\u2019s global digital capabilities is of utmost importance. To optimize our relationship, we are dedicating resources to expand services,\u201d said Ji-Hoon Song, Director of Headquarter, WM Sales Strategy Department, NH Investment & Securities. \u201cEvolving globalization and digitalization are shaping the financial industry and we believe it is important to adopt a multi-channel strategy, providing customers choice so that they have the best experience.\u201d\n<\/p>\n

CUSTOMER GUIDANCE<\/span><\/p>\n