The Western Union Company, a provider of money movement and payment services, has extended its prepaid receive card program to Costa Rica and Guatemala.
The card, offered together with AirPak, Western Union's Agent in Central America, allows receivers of Western Union Money Transfer transactions to put all or part of those funds onto a prepaid MasterCard. The cards can be used wherever MasterCard is accepted worldwide, including ATMs.
"This card has been very successful in El Salvador," said Mike Hafer, SVP, Global Stored Value, Western Union. "Customers have told us that the card is easy to use anywhere MasterCard is accepted. We are excited about the continued expansion of the program in Central America, where there is strong consumer acceptance of stored-value solutions and a documented need for greater financial inclusion."