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Absa, majority-owned by Barclays, has launched a domestic and international money transfer service in partnership with Western Union.

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Absa is at the cutting edge of global banking innovation and its customers are directly benefiting from these major advances.
Alfie Naidoo, Group Chief Operating Officer at Absa.

The service enables customers in South Africa to send money – from a branch, online, or using their WAP-enabled mobile phone – to any Western Union distribution agent worldwide.

Absa has been offering the Western Union Money Transfer services in 420 branches since 2008, but has expanded the offering to WAP-enabled mobile phones and internet banking to meet the changing demands of customers.

Christo Vrey, Managing Executive for Digital and Self Service Channels at Absa, said: "Through technology, every so often we discover easier, more convenient and safer ways for our customers to transact, whether nationally or internationally.

"This convenient, simple and easy-to-use service offers peace of mind that the recipient can receive the money within minutes."

Alfie Naidoo, Group Chief Operating Officer at Absa, concluded: “Our approach to financial services is driven by innovation.

“Absa was recently named Most Innovative Bank in Africa by African Banker.

“The business was recognised for creative solutions such as the card-less ATM CashSend.

“Absa is at the cutting edge of global banking innovation and its customers are directly benefiting from these major advances."

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