Latest news with #200Countries
Finextra
4 days ago
- Business
- Finextra
Zūm Rails and Western Union Canada team on real-time cross-border payments
Zūm Rails today announced an agreement with Western Union to support fast and efficient money movement between Canada and 200 countries and territories worldwide. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Integrating Zūm Rails APIs into Western Union's network enables the company to drive real-time movement of funds for Western Union customers using Interac eTransfer. With Interac eTransfer, customers can instantly fund their money transfers in Canada, then send the money to anywhere in the world. With the rise of real-time payments and other digital experiences, consumers have become accustomed to sending and receiving money in seconds. However, speed is dictated by the payments rails technology integrated into a financial institution's network. While new options have emerged to facilitate transactions in real-time, building the technology to integrate these rails and supporting compliance protocols into their existing infrastructures requires significant time and resources. 'Our work with Western Union reflects a larger trend across the payments industry, defined by real-time money movement as a non-negotiable service for consumers and enterprises alike,' said Miles Schwartz, CEO at Zūm Rails. 'Partnerships between traditional financial institutions and fintechs are proving to be a catalyst in accelerating this trend. Western Union is in a unique position to lead the industry forward, leveraging its technological innovation and its deep history in the cross-border remittance industry. We look forward to working with them to support their efforts in delivering an exceptional customer experience.' A recent survey conducted by Interac found that nearly nine in 10 Canadians (88 per cent) have used Interac e-Transfer. Canadians continue to rely on this product to move $338 billion over the past 12 months, and over $625 billion since the pandemic began, with 49 per cent indicating that they have increased their use in this period. 'Consumers should be able to send payments anywhere in the world at the same speed as they can with native peer-to-peer applications. Our work with Zūm Rails makes this a reality,' said Ranjit Sarai, Vice President of Digital and Ecosystem at Western Union in Canada. 'That is only part of what we have in store for Western Union customers as we work to bring a number of entirely new digital financial experiences to market, to complement the reliable service they've come to expect.'
CNET
30-05-2025
- Business
- CNET
Gear Up For Summer Travel With 22% Off Nomad's eSIMs Using CNET's Exclusive Code
Many of us are now preparing our summer travel plans. And if those plans are international, staying connected is essential. Data plans can add up pretty quickly, especially if the trip lasts for more than a few days. Luckily, an eSIM can help you stay online and in touch with loved ones back home. And Nomad is here to help you save the big bucks. Using our exclusive code, SUMMERCNET, you can score 22% off Nomad eSIM plans. This code may only be used once per person, and the plan must be activated within 60 days of purchase. The deal is valid until August 31 but is limited to the first 100 users -- so we expect the deal will be over long before then. Keep in mind, this code does not apply to add-on data, day plans, sale plans, or plans under $5. Nomad eSIM has a wide variety of plans available, including local, regional and global eSIMs. The provider is valid in over 200 countries and regions, so you're covered, no matter where you go. Local eSIMs are for one country. (If you're planning on taking a trip just to Bermuda, you can use the local option and choose Bermuda.) From there, you'll be given more options on the amount of GBs and the number of days. If you're traveling to multiple countries, you may benefit from a regional or global plan. The global plan includes up to 112 countries. The number of countries you'd like to include, the number of days and the amount of GBs must be selected. The regional plan is similar but more continent/area-based. For example, if you're taking a European trip, you might choose the Europe regional plan because it includes 35 countries in Europe. Then, of course, you'll choose the specifics. For more travel bargains, take a look at the best luggage deals to upgrade your bags before your next trip. Why this deal matters You'll need to act fast if you want to take advantage of this deal; it's only valid for the first 100 users. Even though the code technically doesn't expire until August 31, we suspect this deal will be over before then. Keep in mind, the code does not apply to add-on data, day plans, sale plans, or plans under $5.
