10:19 AM EST, 03/05/2024 (MT Newswires) -- Visa (V) said Tuesday that it signed a seven-year agreement with Western Union ( WU ) that enables Western Union ( WU ) customers to send money to eligible Visa cards and bank accounts globally.

They plan to issue Western Union ( WU )/Visa Debit Cards across North America, Asia Pacific, Latin American and Europe, Visa said.

The agreement builds on Western Union's ( WU ) existing integrations with Visa Direct in 2022 and 2019, which enabled US and European customers to send and/or receive funds to eligible Visa card holders overseas, the firm said.

Price: 280.73, Change: +0.20, Percent Change: +0.07