Western Union Returns to Cuba🇨🇺

Western Union Returns to Cuba🇨🇺
The system outage lasted for 3 months, but now the corridor through which Cuban immigrants send subsistence funds to their families has been restored.

➡️ The problems began on January 28, and Western Union did not specify the reason for the technical difficulties. Before this (due to sanctions imposed by Donald Trump), the company did not serve Cuba from 2020 until March 2023.

➡️ The Biden administration stated last May that money transfers could resume as long as "electronic payment processors" are used to prevent funds from reaching the Cuban government directly.

➡️ Cuba🌴🌴🌴☭☭☭, with a population of 11,089,511 people. (according to the 2022 census... if we trust Wikipedia, this figure has decreased in recent years). Of them, around 6.7 million are mobile internet users (well, data from last year, of course, but it's difficult to find more recent publicly available access data). It is worth mentioning that until 2012, the internet on the island was exclusively via satellite... now there are more options: for example, there is a submarine cable that extends to Cuba from Venezuela.

The GDP is 13,128 USD. "Visa" and "Mastercard" are not accepted everywhere, there is an alternative payment system "Transfermóvil". They prefer cash euros over dollars. The "MIR" card is mainly used to withdraw cash from ATMs.

#news #Cuba #USA

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