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Western Union partnered digital and core banking platform for fintechs

Mar 31, 2021

Advapay will enable digital banks and other fintech customers to launch payment solutions tailored to their needs

Western Union Advapay

Western Union partnered digital and core banking platform for fintechs. Source: advapay.eu

Western Union and Advapay have announced a partnership that will help Advapay’s fintech clients access a real-time currency exchange and international payment functionality on its Digital banking platform.

In partnership with Western Union Business Solutions, Advapay will be able to provide a currency exchange function and payments in more than 130 currencies to their customers in over 200 countries and territories.

This functionality will be available on both Advapay`s Core Banking software-as-a-service and on-premise banking platforms.

Furthermore, the partnership with Western Union Business Solutions will allow Advapay to expand the capabilities of the upcoming Banking-as-a-service platform for fintechs – MacrobanX.

We understand that we need to do everything possible to provide a superior customer experience to our clients. Advapay has engineered its Digital Core Banking platform in a way to deliver fast and easy-to-access services for fintechs. Western Union Business Solutions offers an extensive portfolio of payment services. The integration with Western Union Business Solutions will further strengthen our position and network that supports our European clients in managing cross-border and multi-currency payments online. We plan to adopt other Western Union Business Solutions services on our platforms, including our BaaS platform MacrobanX, to accelerate our growth
Gustav Korobov, Sales Executive at Advapay

We’ve reported that Western Union expands its B2B payments platform.

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