Western Union, Travel Wallet offer in app cross-border money transfers

Asia Pacific By Karen Santos Feb 16, 2022

Western Union and Travel Wallet, one of the leading fintech companies in South Korea, have come together to launch Western Union money transfer services on the Travel Wallet App.

Travel Wallet customers can now transfer money abroad

Travel Wallet customers in South Korea now have the option to send money internationally through Western Union. Travel Wallet, which operates through its app, is available to both Android and iPhone users. Those receiving the transfers overseas can collect their funds in cash or have it deposited directly into their bank accounts. At the moment, customers can transfer money to select countries. Soon, they will be able tap into Western Union’s global network of over 200 countries and territories.

Western Union services to soon broaden to include receive capability

In the next few months, Travel Wallet customers will also be able to receive Western Union money transfers to their Travel Wallet app. The incoming transfers can be sent through Western Union’s digital services or retail agent worldwide.

“For 170 years, Western Union has put technology to work connecting people—bringing boundless possibilities within reach,” said K. Premmananth, Head of Network, Singapore, Indonesia and North Asia, Western Union. “Remittances connect people, places, economies and societies. We are delighted to offer our services to Travel Wallet users, enabling convenient and reliable financial flows powered by technology.”

“At Travel Wallet, we adopt a customer-centric approach, and are glad to collaborate with a like-minded company like Western Union,” said Hyungwoo Kim, CEO, Travel Wallet. “We are excited to enable our customers to connect to their loved ones around the world through one of the world’s widest-reaching financial network. We look forward to putting our collective strengths to work and catering to who really matters—our customers.”

For more information about the service, customers can email support@travel-wallet.com.