Western Union, a global payment services provider, has renamed its international business payments service Western Union Business Solutions. Western Union has offered the service under the Custom House name since September 2009.
Western Union acquired Custom House – which provides international business payments and foreign exchange (FX) solutions to small and medium-sized enterprises (SMEs) – last year to establish a foundation in the estimated US$24bn SME business payments market. With the rebranding of the service, Western Union will cease using the Custom House brand.
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