We’re thrilled to announce that we’ve teamed up with Western Union to support their next generation real-time, multi-currency digital wallet and digital banking platform in Europe.
Our modern card issuing platform will allow Western Union’s entire remittance service to be offered online, with funds disbursed to a physical or virtual Visa card. This will enable Western Union to extend its relationship with its customers, creating a new banking experience by connecting cards to Western Union’s new digital payment platform.
“Given our global footprint and strong reputation, any new service has to be extremely robust, resilient, scalable and secure. It is vital to do this right and work with best-in-class providers and it was clear that Marqeta was a great choice for card issuing,” said Tom Mazzaferro, Chief Data & Innovation Officer at Western Union. “The Marqeta platform delivers all the functionality needed to support the goals of our new digital banking program, alongside the flexibility to enter new markets with ease and design new features that meet the needs of our customers.”
With the help of our platform, Western Union will be able to manage the complex payment card issuing and processing workflow with real-time insights into its customers’ card activity. We’ll work with them to deliver a seamless payment experience to their digital banking customers that can be replicated and customised easily across international markets. We’re excited to be on this journey with the Wester Union team and can’t want to see what’s next.
Learn more about Marqeta’s digital banking solutions here.