The combination of these two payment processors will expand the options available to consumers who want to make last-minute bill payments to billers through the websites of more than 500 financial institutions.
Western Union brings to Online Resources’ banking clients an enhanced expedited payments service that now includes same-day delivery and posting to many more prominent billers in the mortgage, credit card, auto finance, telecom, cable, utility and other industries.
Western Union Payments senior vice president David Shapiro said by integrating their expedited payments network with a market leader in online banking, Western Union and Online Resources can offer a powerful tool for the entire payment industry.
Online Resources executive vice president of eCommerce services Robert Craig said the combined reach and speed to billers will drive adoption of the service through financial institutions, and deliver more guaranteed, on-time payments to billers.