Western Union to tie up with banks, FIs
By Our Banking Bureau | 16 Jul 2002
1
New
Delhi: Western
Union Financial Services (WUFS) is planning to expand its
operations by tying up with banks and financial institutions (FIs).
Says
WUFS director general (India) Anil Kapur: "We have seen a
75-per cent increase in revenues over last year. Besides India
Post, with whom we have a tie-up, we are in talks with banks and
FIs to increase our reach."
WUFS
already has a tie-up with Karnataka Bank and Lord Krishna Bank.
After the tie-up with India Post, WUFS is offering its services in
over 3,000 Indian post office locations and plans to aggressively
enhance the Indian post office locations in the next six months.
.webp)
