Cuentas clients can now ship cash to 200 international locations and territories through cellular app
MIAMI, FL / ACCESSWIRE / March 8, 2022 / Cuentas, a number one fintech supplier of cellular banking, digital pockets and fee options serving Hispanic and Latino communities, has built-in Western Union’s home and worldwide cash switch capabilities into the Cuentas cellular banking app.
Cuentas clients can now ship cash to 200 international locations and territories through the Cuentas cellular app. Leveraging Western Union’s main world cross-border, cross-currency platform, Cuentas clients can conveniently transfer cash to family and friends nearly anyplace internationally utilizing the Cuentas cellular app. As soon as despatched, receivers can choose up their remittance in money at any Western Union retail location.
WU and Cuentas Bridge Digital and Retail Cash Switch Worlds for Latino Group
The settlement harnesses the facility of Western Union’s huge omnichannel cross-border cash switch capabilities with Cuentas’ handy cellular banking and funds app for the Hispanic and Latino communities. Collectively, each corporations now supply the power to ship cash throughout digital and retail channels, whereas offering a superior buyer expertise from the time cash is shipped to when it’s acquired.
“Remittances to Mexico hit an all-time excessive in 2021, with greater than $4 billion despatched from the U.S. to Mexico every month – the only largest movement of remittances on this planet,” stated Cuentas CEO Jeff Johnson. “With the mixing of Western Union into the Cuentas cellular banking app, our clients now have a straightforward and inexpensive solution to ship cash not solely to Mexico however worldwide as properly.”
“Cuentas’ mission to extend its clients’ entry to digital and conventional monetary companies meshes completely with Western Union’s capacity to offer environment friendly and handy cross-border cash switch capabilities,” stated Molly Shea, head of Western Union’s North America enterprise. “By providing our highly effective platform and community to 3rd events, we’re reaching extra clients, connecting households and communities, and bettering lives by monetary inclusion.”
Obtainable within the Apple App Retailer and the Google Play retailer, the Cuentas App is the handy cellular banking app that offers shoppers entry to their cash, their approach. Cuentas cardholders can ship cash to different Cuentas cardholders with no charge, entry unique cardholder reductions and get entry to their cash as much as two days quicker after they instantly deposit their wages or authorities profit checks.
About Cuentas
Cuentas, Inc. (NASDAQ:CUEN & CUENW) is a fintech e-banking and e-commerce service supplier with proprietary know-how that delivers digital monetary companies to the underbanked and un-banked Hispanic, Latino and immigrant populations together with cellular and on-line banking, pay as you go debit, ACH and cellular deposits, money remittance, peer to see cash transferring, and different companies. The Cuentas Basic Goal Reloadable (GPR) Card features a digital pockets, reductions for purchases at main bodily and on-line retailers, rewards, and the power to buy digital content material. For extra data, go to https://cuentas.com.
Ahead-Wanting Statements
This information launch incorporates “forward-looking statements,” as that time period is outlined in part 27a of the USA Securities Act of 1933, as amended, and part 21e of the USA Securities Trade Act of 1934, as amended. Statements on this press launch, which aren’t purely historic, are forward-looking statements and embody any statements relating to beliefs, plans, expectations, or intentions relating to the longer term. Aside from the historic data introduced herein, issues mentioned on this information launch comprise forward-looking statements which might be topic to sure dangers and uncertainties that might trigger precise outcomes to vary materially from any future outcomes, efficiency or achievements expressed or implied by such statements. Statements that aren’t historic information, together with statements which might be preceded by, adopted by, or that embody such phrases as “imagine,” “plan,” or “anticipate” or related statements are forward-looking statements.
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SOURCE: Cuentas, Inc.
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