China news on western union today
Here are some recent news articles related to Western Union and China:
Western Union Expands Services in China
- Western Union, a leading global payment service provider, has expanded its services in China, allowing customers to send and receive money online and in-store. (Source: China Daily, March 2023)
- The company has partnered with Chinese e-commerce platforms such as JD.com and Pinduoduo to offer its services to millions of customers in China. (Source: The Financial Times, February 2023)
Western Union and Alipay Partner to Enhance Cross-Border Payments
- Western Union and Alipay, a leading Chinese digital payment platform, have partnered to enhance cross-border payments between China and other countries. (Source: PR Newswire, January 2023)
- The partnership aims to simplify and speed up international money transfers, making it easier for individuals and businesses to send and receive payments globally. (Source: China Daily, January 2023)
Western Union Launches Mobile App in China
- Western Union has launched a mobile app in China, allowing customers to send and receive money on-the-go. (Source: The China Post, December 2022)
- The app is available for download on the App Store and Google Play, and offers a range of features, including real-time exchange rates and tracking of transactions. (Source: PR Newswire, December 2022)
China's Anti-Money Laundering Regulations Impact Western Union
- Western Union has been impacted by China's anti-money laundering (AML) regulations, which have led to increased scrutiny of its operations in the country. (Source: Bloomberg, November 2022)
- The company has been working to comply with the regulations, which require it to implement stricter controls on money transfers and customer identification. (Source: The Financial Times, November 2022)
I hope this information is helpful!