Why Visa (V) & WU's Growing Alliance is Vital in Remittance

Visa Inc. (V) recently struck an extended partnership with The Western Union Company (WU) , spanning seven years. The deal is expected to be a major step in enhancing cross-border money transfer and financial services accessibility globally.Per the agreement, customers of Western Union in 40 countries will have the ability to send money to eligible Visa cards and bank accounts of their friends and family, using Visa Direct capabilities, across five major regions. The regions include countries like Brazil, C ...