LONDON – 12 JANUARY, 2017 –Western Union Business Solutions, the international payments specialist, is now an official partner of Exporting is GREAT, the campaign delivered by the Department for International Trade (DIT).
Exporting is GREAT aims to inspire more businesses to take advantage of the global demand for UK goods and services. The government set an ambitious target to have 100,000 additional exporters by 2020, as a means of promoting British trade around the world.
By providing SMEs with a range of solutions to the financial complexities associated with international trade, Western Union Business Solutions was a logical partner for the campaign. Services offered by the company include cash management, risk management and international payments solutions. Furthermore, the new WU ‘Edge’ platform facilitates businesses to establish durable connections, make intelligent cash flow decisions and grow globally, which is consistent with the objectives of Exporting is GREAT.
Kerry Agiasotis, President of Western Union Business Solutions said,
“We are passionate about using our expertise to assist SMEs to engage with global trade. The WU Edge platform allows companies do this in a simple way, and by becoming a partner of Exporting is GREAT even more businesses can benefit from our services. Working together with DIT helps us to provide the knowledge and support that SMEs desperately need to expand internationally.”
Western Union Business Solutions joins several other financial partners including the five major banks – Barclays, HSBC, Lloyds, RBS and Santander, and the four big consultancies – EY, KPMG, Deloitte and PwC, who are all helping potential exporters make the most of international trade opportunities through a partnership with Exporting is GREAT.
International Trade Minister, Mark Garnier said:“We want to help more UK businesses realise their potential and take advantage of the growth that exporting can bring. By partnering with companies like Western Union Business Solutions through our Exporting is GREAT campaign, together we can share expert advice and support with the UK’s businesses.
“The demand is out there for UK goods and services. We are on hand to offer guidance, through great.gov.uk and as our team of expert advisors, to help businesses take that step onto overseas markets.”
Liesl Smith, Director, Global Corporate Communications
Western Union Business Solutions
Phone: +44 (0)208 563 6347
Mobile: +44 (0) 7710 185864
Ludo Baynham-Herd, FleishmanHillard Fishburn
Phone: +44 (0)208 618 2897
Mobile: +44 (0)77523 120 702
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of June 30, 2016, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 500,000 Agent locations in 200 countries and territories and over 100,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2015, The Western Union Company completed 262 million consumer-to-consumer transactions worldwide, moving $82 billion of principal between consumers, and 508 million business payments. For more information, visit www.westernunion.com.
About Western Union Business Solutions
Western Union Business Solutions enables companies of all sizes to send and receive international payments and manage global cash flow, creating unique solutions tailored to suit their individual needs. It is a business unit of The Western Union Company (NYSE: WU), a leading nonbank provider of cross border payments, which offers Business Solutions services in over 30 countries. Clients are supported by a network of trading offices, strategic banking relationships and a global clearing network and can send cross-border foreign exchange payments in more than 130 currencies.
About the Department for International Trade
The Department for International Trade has overall responsibility for promoting UK trade across the world and attracting foreign investment to our shores.
www.great.gov.uk is the new single digital destination for trade and investment, bringing together and connecting UK businesses, international buyers and international investors. Whether businesses are new, occasional or frequent exporters, they will be able to take advantage of the new suite of tools and exclusive deals on fees or commissions with some of world’s leading online marketplaces.
By registering with the find a buyer service, businesses will become part of a brand new searchable directory of UK exporters which government will use to match their products and services with worldwide demand. new tool on great.gov.uk will help businesses access the best e-commerce opportunities via preferential deals with the world’s largest online marketplaces.