Western Union Launches Online Payments Leveraging eBillme Acquisition
March 26, 2012
The Western Union Company on Thursday launched a new online payment platform that bills shoppers who then pay for their Internet purchase via their bank’s online bill pay function or in cash at Western Union agent locations. WU Pay is based on the eBillme platform, which Western Union acquired in October 2011.
“WU Pay improves our core money movement capabilities by combining the strengths of our brick-and-mortar Agent network and WesternUnion.com with the proven eBillme platform we acquired last year,” says Hikmet Ersek, CEO of Western Union. “This is a truly powerful combination of physical and online assets that will make safe and secure e-commerce possible for just about anyone.”
Some of the Websites that accept WU Pay as a payment alternative include Sears, Kmart, Buy.com, Tiger Direct and RedCats USA. Western Union says consumers also can use the payment method to purchase virtual gift cards from more than 60 retailers including Amazon, jcpenney, The Home Depot, Dell and American Airlines.