Western Union to Expand Operations in Costa Rica

The transnational will expand its payroll in the country by 100 employees in order to reach 1,200, with the addition of new services.

Wednesday, March 18, 2009

According to the newspaper La Nación of Costa Rica: "Recently, the multinational moved another business to the country: Its fraud prevention unit which joins other services incorporated in June in the accounts, administrative and financial regulation compliance areas."
From the country, the company “attends to the financial, technical support, telecommunications and software needs of their own corporate clients (captive operations) in most parts of the world."

More on this topic

MoneyGram Forges Central American Alliance with Citi

June 2010

MoneyGram International and Citi today announced an agreement to expand MoneyGram's money transfer services to all Citi locations in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua.

"This important agreement extends MoneyGram's presence in Citi's network across Central America," said Dan O'Malley, MoneyGram International executive vice president for the Americas.

Western Union to Operate From Integral's Branches

December 2009

With this alliance, Western Union will offer its services in the 25 offices of Financiera Integral, a financing company.

From Elmundo.com.sv: "Western Union continues expanding its network, to enable all Salvadorans to receive family remittances from anywhere in the country".

Western Union opens regional headquarters in Panama

September 2008

With the opening of an office in Panama, multinational company Western Union will now manage from there its operations in Colombia, Ecuador and Venezuela.

Liz Alicea-Velez, executive vice-president for Latin America and the Caribbean of this leading company in global money transfer, said that she is satisfied with the new business model which will allow them to manage operations in the three South American countries from Panama.

Western Union expands operations in Costa Rica

May 2008

The industry leader in money transfers has increased its local payroll by 58 per cent over the past 15 months and plans to continue growing.

Advertisements seeking personnel are increasing in size, and the hours for interviews with candidates are being extended.
Western Union's Costa Rica operation has been growing, or as the company says, "maturing." Just in the last few months its payroll grew from 425 to 675, up by 58 per cent.

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