Corporate T&E company Certify is integrating payment capabilities provided by Western Union to enhance its global reimbursement and supplier payment offering.
The companies announced in a press release sent to PYMNTS on Thursday (Feb. 8) that they formed a partnership that allows businesses using Certify to facilitate employee reimbursements and supplier payments across borders, with transactions powered by Western Union. The new solution, Certify Payments, uses Western Union’s Mass Payments API, which can handle cross-border, direct-to-bank payments in 45 currencies.
Certify and Western Union noted that the new offering ensures adherence to guidelines of each jurisdiction’s clearing system.
“Working with a respected leader like Western Union is the next leap forward for Certify as a worldwide provider of premier automated business expense and payment management solutions,” said Certify CEO Robert Neveu in a statement. “As our customer base and company operations expand globally, Certify is especially proud to be working with Western Union to deliver the confidence and peace of mind that these complex and important transactions will always be handled accurately and efficiently.”
“We are delighted to unveil the relationship with Certify to help boost Certify’s firepower,” added Western Union Global Head of Payments, GTM, Jacqueline Keogh in another statement. “Working with businesses of all sizes is an important strategy for Western Union to help serve the customer more effectively. This collaboration will help strengthen both Western Union and Certify’s position in the cross-border, cross-currency money movement industry.”
Last month, an unnamed source told Ripple News that Western Union is exploring the adoption of Ripple’s XRP blockchain technology this year, potentially another move to enhance its cross-border payments capabilities.
Certify recently merged with several other corporate T&E companies after parent company K1 Investment Management incorporated Nexonia, ExpenseWatch and Tallie under the Certify name, soon after acquiring nuTravel to expand even further.
“We are now one of the only expense management providers that also controls the online booking technology, making Certify a best-in-class travel and expense management solution,” Neveu said in a statement last September. “Our partnership opportunities with TMCs and corporate travel departments are extensive, and we will continue to disrupt the T&E space.”