Katapulk Marketplace and Western Union Team to Offer New Channel to Send Money From the United States to Cuba
31 Maggio 2024 - 5:00PM
Business Wire
Customers can now access Western Union money
transfer services over the Katapulk Marketplace Website and Mobile
App
Western Union and Katapulk today announced an agreement to offer
money transfer services to Cuba from the United States on the
Katapulk Marketplace.
Western Union resumed its service to Cuba using
westernunion.com, its mobile app, and through many of its retail
locations across the US last year. The Katapulk online service now
gives customers located within the United States an additional
channel to send money to close family in Cuba, utilizing Western
Union’s rails.
Once money is sent over the Katapulk Marketplace, which includes
the website www.katapulk.com or through Katapulk's mobile iOS and
Android application, the service provides real-time tracking of
transactions to customers with accounts at the following banks in
Cuba: Banco Popular de Ahorro, Banco Metropolitano S.A. and Banco
de Credito y Comercio (Bandec).
The service aligns with both companies’ mission to offer its
customers a first-class experience using digital and physical means
to connect families and communities, while enhancing financial
inclusion in the communities they serve.
Service Details
- Funds can be received into bank accounts and to debit cards
only. Service is limited to consumer money transfers only. United
States customers can remit up to USD 2,000.00 per transaction by
presenting valid government-issued identification.
- Money will be available for receipt the same day, including
weekends and holidays.
- Service is available to receivers with Carnet de Identidad IDs
and bank and/or debit card accounts at the following banks in Cuba:
Banco Popular de Ahorro, Banco Metropolitano S.A. and Banco de
Credito y Comercio (Bandec).
- Deposits to Freely Convertible Currency (MLC) accounts are
available in U.S. dollars only.
About Western Union
The Western Union Company (NYSE: WU) is committed to helping
people around the world who aspire to build financial futures for
themselves, their loved ones and their communities. Our leading
cross-border, cross-currency money movement, payments and digital
financial services empower consumers, businesses, financial
institutions and governments—across more than 200 countries and
territories and over 130 currencies—to connect with billions of
bank accounts, millions of digital wallets and cards, and a global
footprint of hundreds of thousands of retail locations. Our goal is
to offer accessible financial services that help people and
communities prosper. For more information, visit
www.westernunion.com.
About Katapulk
Katapulk.com is an online marketplace highly popular among
Cubans living abroad, which is dedicated to bridging the gap
between products and services and the consumers who need them from
a single platform. With a focus on innovation and customer service,
Katapulk.com is rapidly becoming a convenient go-to destination for
online shoppers and service seekers. For more information, visit
katapulk.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240531338288/en/
Media: Brad Jones, Western Union,
Bradley.Jones@wu.com
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