Zūm Rails, a company specializing in real-time cross-border money movement solutions, has entered into a strategic partnership with Western Union Canada. This collaboration aims to facilitate faster and more efficient transfers between Canada and 200 countries and territories globally.

With the integration of Zūm Rails APIs into Western Union’s network, customers can now use Interac eTransfer to instantly fund their money transfers within Canada before sending them worldwide.

Details of the Partnership

As real-time payments continue to gain popularity, clients and users expect swift and secure transactions. However, this speed depends on the payment rails technology integrated into financial institutions’ networks. Building these technologies into existing infrastructures requires substantial time and resources. Western Union Canada will leverage its expertise in cross-border remittances along with Zūm Rails’ technological advancements to meet evolving client needs while ensuring compliance with industry regulations.

Both companies are committed to introducing new digital financial services that complement the current market expectations of their customers and businesses, all while focusing on innovation and user satisfaction.