Western Union, Petnet collaborate for SME business

MANILA, Philippines - The Western Union Co. (WesternUnion) has diversified into business-to-business payments in the Philippines, in collaboration with Petnet Inc., a company with a nationwide footprint already offering Western Union® international and domestic consumer money transfer services. Western Union Business Solutions will provide cross-border and foreign exchange solutions for small and medium-sized enterprises (SMEs) in the Philippines, enabling them to pay for imported goods and services in more than 140 currencies, to over 200 countries and territories 24/7. SMEs interested in using Western Union Business Solutions should register with Petnet by calling (632) 817-8868. Upon registration, they have the option of transacting directly via the online payment platform, or calling Petnet to fulfill the transaction. Registered customers can enjoy the flexibility to settle their suppliers in over 140 currencies at competitive rates. Payments can be made with draft, account deposit or account-to-account transfers.