2022-03-08
Cuentas prospects can now ship cash to 200 international locations and territories by way of cell app
MIAMI, FL / ACCESSWIRE / March 8, 2022 / Cuentas, a number one fintech supplier of cell 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 cell banking app.
Cuentas prospects can now ship cash to 200 international locations and territories by way of the Cuentas cell app. Leveraging Western Union’s main international cross-border, cross-currency platform, Cuentas prospects can conveniently transfer cash to family and friends nearly anyplace the world over utilizing the Cuentas cell app. As soon as despatched, receivers can decide up their remittance in money at any Western Union retail location.
WU and Cuentas Bridge Digital and Retail Cash Switch Worlds for Latino Neighborhood
The settlement harnesses the ability of Western Union’s huge omnichannel cross-border cash switch capabilities with Cuentas’ handy cell banking and funds app for the Hispanic and Latino communities. Collectively, each firms now supply the power to ship cash throughout digital and retail channels, whereas offering a superior buyer expertise from the time cash is distributed to when it’s obtained.
“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 one largest stream of remittances on this planet,” stated Cuentas CEO Jeff Johnson. “With the mixing of Western Union into the Cuentas cell banking app, our prospects now have a straightforward and inexpensive strategy to ship cash not solely to Mexico however worldwide as properly.”
“Cuentas’ mission to extend its prospects’ entry to digital and conventional monetary companies meshes completely with Western Union’s skill to supply 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 prospects, connecting households and communities, and enhancing lives by means of monetary inclusion.”
Accessible within the Apple App Retailer and the Google Play retailer, the Cuentas App is the handy cell banking app that offers shoppers entry to their cash, their means. Cuentas cardholders can ship cash to different Cuentas cardholders with no price, entry unique cardholder reductions and get entry to their cash as much as two days sooner after they immediately 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 expertise that delivers digital monetary companies to the underbanked and un-banked Hispanic, Latino and immigrant populations together with cell and on-line banking, pay as you go debit, ACH and cell deposits, money remittance, peer to look 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 info, go to https://cuentas.com.
Ahead-Trying Statements
This information launch comprises “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 embrace any statements concerning beliefs, plans, expectations, or intentions concerning the longer term. Aside from the historic info introduced herein, issues mentioned on this information launch include forward-looking statements which might be topic to sure dangers and uncertainties that would trigger precise outcomes to vary materially from any future outcomes, efficiency or achievements expressed or implied by such statements. Statements that aren’t historic info, together with statements which might be preceded by, adopted by, or that embrace such phrases as “imagine,” “plan,” or “count on” or related statements are forward-looking statements.
Cuentas Media Relations:
data@cuentas.com
SOURCE: Cuentas, Inc.
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https://www.accesswire.com/691960/Cuentas-Provides-App-Primarily based-Cross-Border-Cash-Transfers-Powered-by-Western-Union