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Western Union and Bandhan Partner in Rural India
As part of its efforts to increase its rural business, money transfer services leader Western Union will partner with Bandhan to sell its services and the microfinance firm will activate 800 of its locations by the end of the year.
"With the addition of Bandhan, which has a customer base of over 2.8 million, we hope to further reinforce our rural presence shortly," Western Union Managing Director for South and Southeast Asia Anil Kapur said. He added that the alliance further reinforces Western Union’s outreach to rural consumers helping them in turn to access global money transfer services.
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Posted: 26 Aug 2010
Source: Business Standard
Originally Published: 25 Aug 2010
Related Links:
Western Union to Offer Mobile Phone Money Transfers
Western Union to Partner with MFIs, Expand Penetration in India
Western Union Partners with Indian MFI Spandana to Provide Money Transfer Services
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