Access the WU EDGE platform for free and begin connecting, transacting and managing your cash and risk globally today. Now, for the first time, you can gain the unparalleled ability to create stronger connections, make smarter cash flow decisions and grow your business globally – all from one, easy-to-use international business platform.
Build new relationships and make the right international connections to grow your global footprint.
up to 50%
The vast majority of SMEs surveyed expect to derive 11 to 50 percent of their revenues internationally in 5 years’ time. Source: Economist Intelligence Unit 2014
Take advantage of the growing global marketplace
Find partners and create seamless collaboration, from order to real-time global payment, with our new global business network. By connecting buyers and sellers from around the world within a single global marketplace, WU EDGE can help you find and create new relationships, and make the right connections to grow your business globally.
Networking: Create a detailed network profile in a global marketplace Find and be discovered by new trading partners from around the world through WU EDGE's global B2B network, and start expanding your global footprint.
Seamless Workflow: Expedite transactions, from order to payment Connect with your current trading partners from invoice to payment on WU EDGE. Easily capture, send and pay invoices with your partners on the platform to speed up transactions, and the shipment and receipt of goods.
In-Platform Messaging: Interact with your global partners within the platform Clearly communicate through in-platform messaging that is contextually linked to whatever document or topic you are discussing with your trading partners.
Nurture and grow relationships through a more efficient financial workflow
Prevent invoice and payment errors
Real-time, fee-free global payments*
Save money on global transactions and maximise your cash flow
Expand your business globally while reducing the time and resources it takes to manage your international transactions. The WU EDGE platform provides fee-free, real-time transactions in 51 currencies,* and enables you to do business in over 130 currencies overall. With seamless order-to-payment workflows, you can know the status of your international transactions at all times.
SMEs divert time and resources from other important activities to manage transactions 1 FTE (Full Time Equivalent) day a week. Source: East & Partners Study
Improve the efficiency of your international transactions.
Conduct international business the fast and easy way using WU EDGE. Spend less time managing transactions and more time growing your bottom line.
A smart payments flow designed to reduce time to make payments
Increase productivity by paying multiple invoices at once
Hedge to Pay
Real time visibility of your Forwards Contracts which you can now utilize to fund your payments
Save time and money on global transactions
Expand your business globally while reducing the time and resources it takes to manage your international transactions. The WU EDGE platform facilitates fee-free, real-time transactions in 51 currencies,* and enables you to do business in over 130 currencies with standard payments. With seamless order-to-payment workflows, you can know the status of your international transactions at all times. This enables you to maximize your cash flow and improve efficiency.
EDGE Network Payments: Make and receive real-time payments, fee-free in 51 currencies,* with no need for a separate foreign currency account Now, you can participate in international transactions directly within the platform without needing a separate foreign currency account to hold foreign funds.
EDGE Network Holding Balance enables you to hold funds in 51 different currencies** and invite your global partners to join for free to get the benefit of fee-free real-time payments through EDGE Network Payments. Your partner will thank you, as you both will have complete visibility of payment status and full reconciliation details, saving you time in unnecessary AP conversations.
Standard Spot Payments: Do business everywhere you need to with payments in over 130 currencies to 170+ countries Make and receive standard spot payments in 130+ currencies with your current trading partners, even if they're not on WU EDGE. By bringing all your international transactions into WU EDGE, you can:
Simplify the process for sending and receiving payments
Make it easy to retrieve your records
Automatically update cash flow from invoices added to the platform, in real time
Enable quick and accurate reconciliation of outstanding payables
Help manage risk and save money by allowing payments to be made in local currency
Gain visibility of when invoices are acknowledged and paid
Manage your cash flow and help manage risk
Unify your international transaction information and transform insight into action.
56% of SMEs find out the true cost of their foreign invoices during or after the time of payment.
When the cost of payables run higher than planned, 90% of SMEs are negatively affected.
Source: East & Partners Study
Understand the true cost of your international invoices
With the free WU EDGE platform, you can gain full visibility into the actual cost of all your invoices in your local currency to understand the true cost of your international invoices and put a strategy in place to protect your profits.
As an integrated platform, WU EDGE makes managing cash and risk simple. By utilizing its tools and customizable reporting, you can track all foreign currency invoices and activity statements at a glance. You can use your transaction data to manage cash across multiple currencies and optimize your international payment activities.
The WU EDGE platform also includes potent risk management tools for simulating currency volatility and managing currency risk. You can take action to protect your cash flow and profits by consulting with our FX and hedging specialists. This will help you manage your foreign currency exposure and help control costs - so you can trade confidently.
Invoice-Tracking and Reporting: Track all foreign currency holding balances and activity statements at a glance, without needing a separate foreign currency accountSimplify and expedite international cash management and reporting with automatically updated transaction data and invoice activity alerts.
Bring all your international sales, purchasing, payment and receivables information into one easy-to-use platform
Gain visibility and certainty of payables and receivables
See the bigger picture of your international activities to know all the facts
Cash Flow Visibility and Risk Management: Simulate currency risk and manage cash flow to protect profits Anticipate issues and optimize your cash flow with unmatched cash flow visibility and risk management on WU EDGE:
Simulate your currency risks with the Volatility Slider
Easily move money between currencies
Hold and manage cash balances across multiple currencies with EDGE Network Holding Balance
Convert or transact at known optimal rates
Control FX costs and help protect profits
Measure the cost of payables or receivables to your business
Access to FX and Hedging Experts: Consult with a Western Union Business Solutions FX and Hedging expert for help managing risk Manage foreign currency exposure and control FX costs. Speak to one of our currency risk specialists to find out how our hedging products can help you protect your bottom line from currency fluctuations. And, it's easy to keep track of the performance of the products you book easily within the WU EDGE platform.
Join the one platform for connecting and transacting globally
Now you can connect with your global business partners – and gain game-changing insights, expert support and powerful tools to make, track and manage payments – all in one, easy-to-use digital platform.
Here are some resources you might find helpful
A GUIDE TO OPTIONS Even small movements in the exchange rate can have an impact on your bottom line when doing business internationally. Learn how currency hedging works and the benefits it can offer your business, and get 4 steps for implementing a sound hedging strategy. Download Now
4 STEPS TO PROTECTING YOUR PROFITS Technology is making it easier to forge relationships across borders – but with international opportunity comes new challenges, especially when it comes to currency market volatility. Get 4 steps to avoiding currency-related losses and growing your business. Download Now