MICROCAPITAL BRIEF: Money Transfer Firms Suspend Fees for Payments to Libya, Morocco in Response to Disasters

In order to support recovery from the earthquake that damaged many parts of Morocco on September 8 and the flooding that began in Libya on September 11, several money-transfer firms are offering free international transfers to people affected by the disasters.

UAE-based e& Money, the

MICROCAPITAL BRIEF: Western Union, Microfinance Institution Cebuana Luhillier to Introduce Online Money Transfer Service in the Philippines

The Western Union Company, a US-based financial services and communications firm, recently partnered with Cebuana Luhillier, a microfinance services provider in the Philippines, to allow

MICROCAPITAL BRIEF: Google Pay Partners with Western Union, Wise to Allow US Users to Send Remittances to India, Singapore; Plans to Expand Worldwide

Google Pay, a service of US-based technology firm Google, recently partnered with money transfer companies Western Union and Wise to allow Google Pay users in the US to send money to individuals in India and Singapore. The service does not allow payments from other countries to the US or payments to or from businesses. However,

MICROCAPITAL BRIEF: Pakistan’s Khushhali Bank Partnering With Western Union to Offer International Remittances

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Khushhali Bank, a Pakistani microfinance bank, and Western Union, an American financial services and communications company, have signed an agreement to introduce international inbound remittance services in 76 districts across Pakistan, beginning with Karachi, Lahore and Rawalpindi.