Daily Management Review

Western Union Helps rehabilitate survivors of Nepal’s deadly earthquake


05/02/2015


The Western Union Company along with the Western Union Foundation is providing support to those who have been most affected by the earthquake in Nepal.



The Western Union Company, a global leader in payment services, is synonymous with consumers for the convenience of sending and receiving of money throughout the word in a quick and reliable manner. The company has a variety of brands, such as Orlandi Valuta, Vigo, and Pago Facil through which consumers can send and purchase money orders throughout the word. As of December 2014, the Western Union Company and its many brands spans a network of 100,000 ATMS and kiosks, more than 500,000 agents located in over 200 countries. Its 225 million customers have transferred $85 billion in 484 million transactions.
 
So as to provide a multi-faceted response that leverages its agents, broad connectivity, online presence and retail activities, the Western Union Company has announced that it will provide support to those families and communities which have been most affected by the devastating earth quake in the Himalayan kingdom of Nepal.
 
“The earthquake in Nepal has caused widespread devastation with significant loss of life, injury and unprecedented damage to property. The Western Union Foundation is responding with support for relief efforts, including programs that provide meals, shelter and clean drinking water to families and children most affected.”
 
No Fee* for transactions
For those who would like to send money to dear and loved ones in Nepal, no-fee* will be charged, upto the 14th of May 2015, for all such transfers from its participating agents located in the following countries: Europe, Kuwait, Israel, Japan, China, UAE, Lebanon, Bahrain, New Zealand, Turkey, United States, Iraq, Thailand, Saudi Arabia, Malaysia, Syria, Maldives, Singapore, Qatar, Australia, Oman, and Hong Kong.
 
This no-fee* transaction for sending money to Nepal can also be availed by those who uses Western Union’s online services and mobile apps to send money, wherever available, upto the 31st of May 2015. In order to activate and benefit from the no-fee* transaction services, the promotional code NEPALRELIEF2015 can be used.
 
The Western Union Foundation has also decided to chip in $200,000 so as to support rehabilitation efforts in the Himalayan kingdom of Nepal. It will match the contributions from business customers, partners and agents. Additionally it will also provide a 2:1 donations from its employees for this very purpose.
 
A portion of this relief fund will be routed through Mercy Corps, a response team that is providing food, water and shelter on a war footing.
“We are committed to helping the communities we serve. Our thoughts are with the people of Nepal and the Nepali diaspora community around the world, during this time of need. In addition to immediate response, we will be working with Western Union Agents, employees and nonprofit partners to provide additional support for long-term initiatives that will help the area recover and rebuild,” said Western Union Chief Executive Officer, Hikmet Ersek.
 
Patrick Gaston, Western Union Foundation’s President, added saying “The earthquake in Nepal has caused widespread devastation with significant loss of life, injury and unprecedented damage to property. The Western Union Foundation is responding with support for relief efforts, including programs that provide meals, shelter and clean drinking water to families and children most affected.”
*Western Union’s business model functions on the difference of currency rates.
 
References:
http://www.businesswire.com/news/home/20150429005927/en#.VUNv0I6qqkp







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