{"id":794291,"date":"2024-12-11T13:33:07","date_gmt":"2024-12-11T18:33:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-opens-own-stores-for-customers-in-mexico\/"},"modified":"2024-12-11T13:33:07","modified_gmt":"2024-12-11T18:33:07","slug":"western-union-opens-own-stores-for-customers-in-mexico","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-opens-own-stores-for-customers-in-mexico\/","title":{"rendered":"Western Union Opens Own Stores for Customers in Mexico"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><strong>Western Union Opens Own Stores for Customers in Mexico<\/strong><\/p>\n<ul class=\"bwlistdisc\">\n<li><i>Western Union becomes the first international money transfer operator to open its own branded stores in the country<\/i><\/li>\n<li><i>Launch announcement comes at the start of the Christmas holiday season when customers send and receive up to 10% more as they prepare to celebrate festivities.<\/i><\/li>\n<\/ul>\n<p>\n\u00a0<\/p>\n<p>MEXICO CITY&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWestern Union today announced that it has opened eight owned locations for customers in Mexico. The move makes the Company the first international money transfer service provider to launch its own branded stores in the country. The owned stores offer a specialized, high-quality customer-focused experience that address the growing demand for efficient and reliable cross-border money transfer services.<\/p>\n<p>\n&#8220;We are excited to announce the launch of our very own Western Union stores across Mexico,\u201d said Claudia Reyes Armebianchi, Western Union\u2019s Vice President, General Manager Mexico &amp; Central America. \u201cThese new stores strengthen our ability to serve customers directly, providing them with more options, enhanced reliability, and a streamlined experience. They represent our unwavering commitment to support our customers with accessible financial services across multiple channels as they aspire for more, as well as bring Western Union even closer to the heart of communities.\u201d<\/p>\n<p><b>Enhancing Customer Experience and Convenience<\/b><\/p>\n<p>\nThe Western Union stores are strategically positioned in prime, high-demand and easy-to-access locations. They provide customers with direct access to Western Union\u2019s extensive cross-border money transfer services, where they can send and receive money across the Company\u2019s global money movement network of 200 countries and territories.<\/p>\n<p>\nCustomers receiving money also benefit from being able to use one of 12 different types of valid identification documents, along with the ability to collect transfers of up to USD 10,000. Customers transferring money can choose to send to their loved ones for collection in cash, depositing directly into bank accounts or mobile wallets. This tailored experience is designed to meet customers&#8217; diverse needs and streamline their money transfer processes.<\/p>\n<p>\nWestern Union owned stores are open at the following locations:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Insurgentes Sur<\/b>: Av. Insurgentes Sur 3655, Miguel Hidalgo 1ra Secc, Tlalpan, 14260 Ciudad de M\u00e9xico, CDMX\n<\/li>\n<li><b>Multiplaza Bosques<\/b>: Av. Central s\/n, Bosques de Aragon, 57170, LOCAL 11 , Cd. Nezahualc\u00f3yotl, M\u00e9x., M\u00e9xico\n<\/li>\n<li><b>Multiplaza Sant\u00edn<\/b>: Carr. Toluca-Naucalpan 1501-Local 18 B, Santin, Sauces, 50220 San Mateo Otzacatipan, M\u00e9x.\n<\/li>\n<li><b>Portal Centro<\/b>: Lorenzo Boturini 258, Centro, Cuauht\u00e9moc, 06840 Ciudad de M\u00e9xico, CDMX\n<\/li>\n<li><b>Multiplaza Arag\u00f3n<\/b>: Av. Carlos Hank Gonz\u00e1lez 120, Rinconada de Aragon, 55140 Ecatepec de Morelos, M\u00e9x.\n<\/li>\n<li><b>Encuentro Fortuna<\/b>: Av Fortuna 334, Magdalena de las Salinas, Gustavo A. Madero, 07760 Ciudad de M\u00e9xico, CDMX, Mexico\n<\/li>\n<li><b>Plaza las Antenas: <\/b>Av. Canal de Garay 3278, La Esperanza, Iztapalapa, 09910 Ciudad de M\u00e9xico, CDMX\n<\/li>\n<li><b>Portal San Angel: <\/b>Av. Revoluci\u00f3n 1267, Los Alpes, \u00c1lvaro Obreg\u00f3n, 01040 Ciudad de M\u00e9xico, CDMX\n<\/li>\n<\/ul>\n<p>\nOwned stores support one pillar of Western Union\u2019s \u2018Evolve 2025\u2019 strategy: to leverage its retail business as a gateway to the Company. They focus on driving high-value, accessible financial services by providing customers with more choices in how they send and receive money, while offering direct interaction with the brand. Serving as an important mix to its retail network, they add to Western Union\u2019s existing locations with Agents across the country.<\/p>\n<p><b>Strengthening Connections: Supporting Families During the Holiday Season<\/b><\/p>\n<p>\nToday\u2019s announcement comes at the start of the holiday season when money transfers, also known as remittances, traditionally increase. According to Western Union data, customers in Mexico typically send and receive almost 10% more transactions in December compared to the previous month, as they prepare to celebrate Christmas festivities. This trend emphasises the critical role that money transfers play in supporting families during the holiday seasons.<\/p>\n<p>\n\u201cThis investment underscores our dedication to enhancing financial accessibility and flexibility for our customers in Mexico, especially during the festive season when sending and receiving remittances takes on even greater significance,\u201d added Claudia. \u201cWe are committed to supporting our customers with more dedicated options that allow them to manage their remittances easily and confidently. Mexico is a vital market for Western Union, and we are here to serve with an approach that matches the evolving needs of our customers.&#8221;<\/p>\n<p>\nWorld Bank figures rank Mexico as one of the world\u2019s top remittance receiving countries. Inflows totalled over <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fdata.worldbank.org%2F&amp;esheet=54165302&amp;newsitemid=20241211702884&amp;lan=en-US&amp;anchor=%2466+billion+in+2023&amp;index=1&amp;md5=dfaa724679cffc709db912f2083c9bad\">$66 billion in 2023<\/a>, accounting for approximately 4% of the country\u2019s GDP. These funds play a vital role in supporting the nation\u2019s families, local businesses, and communities. As cross-border money transfers continue to be an essential financial lifeline, Western Union\u2019s owned stores reinforce the Company\u2019s role in connecting Mexico to the world through its global money movement network.<\/p>\n<p>\nWestern Union has a well-established presence in Mexico that caters to diverse and fast-evolving customer needs. In addition to today\u2019s launch announcement, Western Union services are accessible through hundreds of Agent locations nationwide. Customers can also move money through Western Union\u2019s mobile app &#8211; allowing them to choose money transfer methods based on their convenience and needs.<\/p>\n<p><b><span class=\"bwuline\">About Western Union<\/span><\/b><\/p>\n<p>\nThe Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments\u2014across more than 200 countries and territories and over 130 currencies\u2014to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.westernunion.com&amp;esheet=54165302&amp;newsitemid=20241211702884&amp;lan=en-US&amp;anchor=www.westernunion.com&amp;index=2&amp;md5=ca4635b1eb4a425f98c900677b28d90e\">www.westernunion.com<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241211702884r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241211702884\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241211702884\/en\/<\/a><\/span><\/p>\n<p><b>Media Contacts:<br \/>\n<\/b><br \/>Saadia McGlinchey: <a rel=\"nofollow\" href=\"mailto:saadia.mcglinchey@wu.com\">saadia.mcglinchey@wu.com<br \/>\n<\/a><br \/>Karen Santos: <a rel=\"nofollow\" href=\"mailto:karen.santos2@westernunion.com\">karen.santos2@westernunion.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Colorado Mexico South America Latin America Central America North America United States Colombia Peru<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Payments Finance Fintech Banking Professional Services Hispanic Digital Cash Management\/Digital Assets Consumer<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241211702884\/en\/1695045\/3\/WesternUnion_primarylockup_Yellow_blk.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Western Union Opens Own Stores for Customers in Mexico Western Union becomes the first international money transfer operator to open its own branded stores in the country Launch announcement comes at the start of the Christmas holiday season when customers send and receive up to 10% more as they prepare to celebrate festivities. \u00a0 MEXICO CITY&#8211;(BUSINESS WIRE)&#8211; Western Union today announced that it has opened eight owned locations for customers in Mexico. The move makes the Company the first international money transfer service provider to launch its own branded stores in the country. The owned stores offer a specialized, high-quality customer-focused experience that address the growing demand for efficient and reliable cross-border money transfer services. &#8220;We are excited to announce &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-opens-own-stores-for-customers-in-mexico\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Western Union Opens Own Stores for Customers in Mexico&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-794291","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Western Union Opens Own Stores for Customers in Mexico - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-union-opens-own-stores-for-customers-in-mexico\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Western Union Opens Own Stores for Customers in Mexico - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Western Union Opens Own Stores for Customers in Mexico Western Union becomes the first international money transfer operator to open its own branded stores in the country Launch announcement comes at the start of the Christmas holiday season when customers send and receive up to 10% more as they prepare to celebrate festivities. \u00a0 MEXICO CITY&#8211;(BUSINESS WIRE)&#8211; Western Union today announced that it has opened eight owned locations for customers in Mexico. The move makes the Company the first international money transfer service provider to launch its own branded stores in the country. 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The move makes the Company the first international money transfer service provider to launch its own branded stores in the country. 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