General Money Currency News

I was discussing Western Union with someone deeply involved in the money transfer market just recently over coffee. This is someone who works in the middle layer of the transfers between the larger corporates and the transfer houses helping to connect the two systems.

It was interesting to hear him say that Western Union have a reputation for Read the rest of this entry »

One of the more requested items on OMT is when people ask if we could list all of the money transfer methods that are available online at the moment.

Realistically the entire site here is about these different money transfer methods so there’s been a reluctance to write a specific piece of information about the methods that are on offer in one single place as it really should be giving a complete list of all of the information that we’ve had so far.

However, there have been enough requests, so here goes with the list of methods for transferring money that are currently Read the rest of this entry »

Having a read through the Global Giving section of the corporate profile that MoneyGram Online provide to display what they are giving back to communities for all of the profits that they receive from transferring money globally is quite interesting.

They push quite hard to say Read the rest of this entry »

We always keep an eye out for new online money transfer sites we haven’t come across before and there’s a new one that I’ve just seen called “Lucky Money” which uses the tagline “the rapid money transmitter worldwide”. It has the Twitter and Facebook links so is involved in promoting itself in the social networks as a money transfer site and it also has a number of respectable client logos on the “trusted partners” section.
Read the rest of this entry »

Looking around for reviews of different money transfer sites tends to turn up a lot of the larger review websites that are available like reviewcentre.com and others.

When you search for MoneyGram Reviews on Google the best result is a money transfer review that only gives MoneyGram a 2.1 out of 5 rating. It shows 32% of users do not recommend the service.

The question is how many of these review sites online can we actually trust to give an accurate record of money transfer reviews and a real indication of how good the service is?
Read the rest of this entry »

Having a look through a service like Twitter can be a great way to understand what the latest new in the money transfer world is. I just completed a “money transfer” news search on Twitter and this is what came up:

Realtime results for money transfer
incomesearch88 US money transfer sites used in Dubai assassination: report: AFPWASHINGTON — US websites that allow employers to t… http://bit.ly/cvEeut
12 minutes ago via twitterfeed

darymfoell Congress should start a “Latin America Money Transfer Tax.” Illegals don’t pay tax, so lets help them pay their fair share. Say 70%
12 minutes ago via Echofon

Read the rest of this entry »

It’s interesting how a company like Western Union is dealing with overseas visitors.

When visiting the Western Union domain (westernunion.com) from a location outside of the US the visitor is redirected to a localized domain name (for instance westernunion.com.au) instead of the US .com website.

This happens quite regularly in other businesses however WU don’t allow the choice to go back to the US facing website, they only allow the visitor to see their local version of the site without any other International options.

Generally if you’re from another location and are travelling this would be a particularly annoying experience as you’re not going to see the version of the website that you’re used to, you’d only be able to see the money transfer services they have available for the country that you’re visiting their site from at the moment.

Hopefully they update this at some point and allow non-US visitors to get to westernunion.com as well.