Western Union Expands Real-Time Global Cross Border Payments to India
Western Union became the first money transfer operator to offer cross border remittances via Unified Payments Interface (UPI), a real-time payment system developed by the National Payments Corporation of India under Reserve Bank of India (RBI) guidelines.
- Western Union became the first money transfer operator to offer cross border remittances via Unified Payments Interface (UPI), a real-time payment system developed by the National Payments Corporation of India under Reserve Bank of India (RBI) guidelines.
- It allows Western Union customers globally to send money into bank accounts in India simply by using the receivers UPI ID, instead of providing bank account and routing details.
- YES BANK is pleased to collaborate with Western Union on offering remittance services to a larger set of overseas customers.
- With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.