Western Union, a company of global payments, said that it increased the amount of Western Union Agent locations in Mexico to nearly 13,600 -adding 3,200 locations in 2015, across the Western Union, Vigo and Orlandi ValutaSM brands- in order to give customers more options for cash pick-up across urban, rural and remote Mexico.
In a press release, the company added that "customers in the United States can now send money via the Western Union mobile app, westernunion.com and retail Agent location channels, directly into nearly all bank accounts in Mexico," the fourth largest remittance market in the world.
“With activation of account payouts in the U.S.-to-Mexico corridor, our customers have the choice of using retail Agent locations in the first or last mile, or using digital channels, wherever they are, 24/7,” Odilon Almeida, President of the Americas and European Union, said.
In 2015, remittances to Mexico totaled US$24.8 billion, according to Banco de Mexico, growing 4.75 percent over 2014.