✨In Mexico🇲🇽 Western Union and Mercado Pago expand cooperation
✨In Mexico🇲🇽 Western Union and Mercado Pago expand cooperation
Now citizens of Canada🇨🇦 and the USA🇺🇸 will be able to transfer money through Western directly to Mercado Pago mobile wallets in Mexico. As a result, users will be able to withdraw cash for free using a debit card at thousands of ATMs and stores, use funds to pay for services through the Mercado Pago app or transfer funds.
➡️ Remember that #MercadoPago is an Argentine🇦🇷 payment platform that began active expansion in LatAm long before the current president of Argentina, Javier Milei, came to power.
➡️ Western Union needs no special introduction. We will only note that in 2024 the market capitalization of the company was 4.81 billion USD, increasing by 10.38% compared to the same indicator the previous year (4.36 billion USD).
➡️ Western has been in Latin America for 25 years. According to 2022 data, Mexico🇲🇽 is indeed the largest recipient of money transfers in the region, accounting for about 42% of their total volume.
...And we didn't just return to LatAm for nothing! Soon you can expect improvements on our content by region and industry 😇
#Argentina #news #Mexico
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