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July 24, 2014,Posted by: Admin

Western Union increases electronic trading system

Western Union increases electronic trading system to brand-new markets

Kerry Agiasotis, President of Western Union Business Solutions, claimed, Buying and also offering overseas has actually never ever been simpler, it’s currently feasible making a global company repayment in mins.

Raising self-confidence to negotiate throughout boundaries The WU EDGE system offers SMEs the self-confidence to carry out company effectively at range worldwide. This brand-new capacity leverages Western Unions one-of-a-kind worldwide impact as well as Business Solutions in-country savings account network to move funds set you back successfully in between customers and also vendors in mins.

The Enterprise Digital Global Exchange EDGE is the current technical technology released by Western Union Business Solutions and also is being broadened from its first launch right into 6 essential markets (UK, United States, Canada, Australia New Zealand as well as Singapore) to 13 (Hong Kong, Austria, France, Germany, Italy, Poland as well as the Czech Republic).

After launch, the brand-new fee-free * network repayment attribute will certainly increase to 51 moneys throughout 13 nations, with the speed of cross-border repayments likewise boosting to enable moving funds from purchasers to vendors on the WU EDGE system within mins.

Attaching customers and also vendors The WU EDGE system links AP (accounts payable) and also AR (balance dues) operations with Electronic Invoice Presentment and also Payment (EIPP), straightening purchasers as well as vendors via a solitary worldwide system. SMEs should welcome existing and also brand-new companions to trade internationally and also connect with them in real-time to possibly boost profession as well as development.

Equipping ideas and also evaluation The WU EDGE system gives workable understandings to assist companies browse forex dangers as well as possibilities arising from global repayments. Effective company tools readily available in the international money management as well as profession knowledge components give consumers with brand-new ideas for maximizing their capital and also revenues.

Western Union Business Solutions, a company sector of The Western Union Company (WU) and also a leader in worldwide settlement services, today reveals boosted capacities to its WU EDGE electronic trading system, consisting of development of the systems fee-free * network, and also accessibility right into 7 brand-new markets: Hong Kong, Austria, France, Germany, Italy, Poland and also the Czech Republic.

This constant advancement around the WU EDGE system is simply the start. We wish to attach purchasers as well as vendors throughout the globe. As well as link them on a solitary B2B system that powers real-time links as well as repayments around the world, wrapped up Agiasotis.

The WU EDGE system assists companies with worldwide demands by.

Kerry Agiasotis included, Since the launch of the WU EDGE system companies throughout the globe have actually made use of the system to sustain their desires to expand, spend as well as supply the tasks of the future. We are extremely pleased with todaysnews, we watch ourselves as company companions to our SME consumers.

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Kerry Agiasotis, President of Western Union Business Solutions, claimed, Buying and also offering overseas has actually never ever been simpler, it's currently feasible making a global company repayment in mins.

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