Topic: [2016-07-18]Western Union’s WU EDGE B2C Platform Competes with Bitcoin (Read 327 times)
July 18, 2016, 06:12:30 PM
Whatever Western Union and other similar services/companies are doing to make the gap between them and Bitcoin smaller, it will not have much effect. Mainly because of the fact that people still depend on a third party in order to complete transactions. With Bitcoin there is no need for a third party when sending money from A to B.
July 18, 2016, 04:30:46 PM
Western Union’s WU EDGE B2C Platform Competes with Bitcoin
Competition from the digital currency sector has forced Western Union to introduce new fee-free network payment structure called WU EDGE. The new platform is slated to enable transactions between two parties in a matter of minutes. With WU EDGE, Western Union (NYSE : WU) intends to compete with Bitcoin-based remittance and payments platforms that have been offering instant transfers since their introduction. However, there are currency exchange charges applicable for transactions over WU EDGE...
http://www.newsbtc.com/2016/07/18/western-union-wu-edge-b2c-platform-competes-with-bitcoin/
Competition from the digital currency sector has forced Western Union to introduce new fee-free network payment structure called WU EDGE. The new platform is slated to enable transactions between two parties in a matter of minutes. With WU EDGE, Western Union (NYSE : WU) intends to compete with Bitcoin-based remittance and payments platforms that have been offering instant transfers since their introduction. However, there are currency exchange charges applicable for transactions over WU EDGE...
http://www.newsbtc.com/2016/07/18/western-union-wu-edge-b2c-platform-competes-with-bitcoin/
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