How to Start a Western Union Franchise in the Philippines
It is a given fact that Overseas Filipino Workers (OFWs) play a vital role in the Philippine economy. The inflow of their remittances increases the foreign exchange supply available in the system and with this generates the foreign currency requirements of the economy which at the same time induced consumption expenditures. This actually creates demand and expands domestic production. Thus, there is an increase in ratio to gross domestic product (GDP) boosting economic growth.
This is why the demand of remittance centers in the likes of Western Union has been tremendously increasing throughout the country in the past years. Western Union in particular partners with other financial agencies to deliver its services such as money transfers and money orders and even bill payments. These partners referred to by Western Union as “agents” are like franchisees as it supplies its services in a uniform manner.
By being a Western Union agent in your community, you get to be of service to families of OFW and at the same time earn income from the transaction. This is also one great opportunity for a business venture. Read the details below as it might interest you.
Western Union History
Western Union has been in the business of transferring money since 1851. The company started in the United States and is considered as the world’s largest money-transfer network with more than 500,000 agent locations from 200 countries. It is a private subsidiary of First Data Corporation, a payment services company that specializes in the transfer of money from one location to another. Through its vast networks, individuals and businesses are able to transfer money and make payments electronically or through money orders convenient, fast and without hassle. Annually, it sells more than one billion money orders globally.
Moreover, Western Union’s vision is to be a global leader in cross-currency, cross-border money movement & payment services, continuing to meet consumer and business needs as they develop. This vision is realized through their global cross-border platform supported by a multi-channel network, built on ever-evolving technology, trusted relationships with agents and partners, and global compliance capabilities.
Benefits of Having a Western Union Franchise
- You can generate revenue through a commission earned on every transaction, sent or received, from your retail location(s).
- You can increase footfall and revenues by leveraging cross-selling opportunities as well as shopping frequency
- You can enhance customer relationships by offering them more convenience.
- Studies show that Western Union consumers are frequent, committed and loyal, with 77% of consumers transferring money between once a week and once a month while over 65% of these consumers always use the same agent to make their transaction.
Advantages of the Business
- No investment or annual fees involved; all you need is a computer, an internet connection and depending on your country, a printer.
- Free marketing and sales starter packs for your retail location(s).
- Free of charge training and money transfer software updates.
- There is a 24-hour customer service support.
- The company has the best-in-class compliance program.
Disadvantages of the Business
- Since the business operates on the internet, its success depends on your connectivity. So, if your internet bags down, there is also no transaction.
- Although, security is assured, you never know the glitches in the world of technology. There is a possibility of hacking confidential information.
- The business involves money and the Anti Money Laundering compliance procedures should be strictly implemented. If not complied, it may greatly affect your business. This is a risk that each agent will take.
How to Become a Western Union Money Transfer Agent
If you have a retail business such as financial service providers, convenience stores, pawnbrokers, travel agencies or any business for that matter. You might be interested to add Western Union to add to your goods and services. All you have to do is to register and enrol online to become an official and accredited agent. You need to fill out an online form linked here (https://agentportal.westernunion.com/ap/agentregister.do ) and once application is accepted, you will be contacted by a salesperson. If approved, Western Union will help you get started as you make your first transaction. Your enrolment comes with a free starter pack, training and marketing promotional materials plus the software which is also free of charge. As an agent, you will have a 24 hour access to its online customer service support to answer all your queries and problems encountered. To learn more about becoming an agent, call the toll free hotline 1-800-325-6000 to learn more.
The Western Union Agent Portal
The WU Agent Portal is the official website where interested individuals can sign in or enrol, order supplies, access training, reporting the latest fraud, compliance information and even password resetting. This website is accessible 24/7 from any computer or web browser.
Contact Information
Western Union Customer Service Hotline: Feel free to call the Philippines Hotline at:
02 888-1200 (for calls within Metro Manila) or
1-800-1-888-1200 (toll-free nationwide via PLDT Lines) or
1-800-9-888-1200 (toll-free nationwide via Globe Lines) or
+632 888-1200 (for calls from overseas).
224 responses to “How to Start a Western Union Franchise in the Philippines”
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Gusto ko po my franchise paanucpo…magkanu?
Send medetails pls
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Thanks and God bless
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Hipo how much po ang cost ng franchise fee? Pki send dn po ng agreement at yung computation ng income as agent. Thank you.
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We are interested to start western union remittance centre.What are the cost involve? Thank you
Sir I am willing to franchise Western Union. How much and I would like to talk for more details. You can send me phone number.
I am interested in this, since we have contacts to our OFW.
Please send me details for the requirements and How much for the franchise fee
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Thanks
ano po ang mga requirement sa pag franchise at magkano po?
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Hi Lorena,
I am an OFW and I am really interested to open a franchise of Western Union in our hometown in Isabela, Philippines which will be managed by my sister.
If you could please provide the following information:
1. How much would it cost me to start?
2. How long will the process take from application to actual operation?
3. Is there an office where my sister can actually meet somebody to better understand the process?
Thanks,
Rose
How to be an authorized agent?
I want to francise but I dont know Hm and How to apply.
Gusto ko po mg franchise mgkano po?
Hi, want to know if how much to franchise western union and how many years to renew it? Thank you and have a bless day!
hi good evening can I ask about how much to franchise western union
just want to know how much is the franchise fee and how to apply?
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We are interested po as add on to our other services at visa processing and travel and tour
I have my bizmo smart express padala other services are ticketing loading bills payment credit card payment insurance located at okada construction site tempasil 2 …still i like to have my own western union in the site.
kindly send me all the information & how to avail the franchise
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Gud am/pm,ask ko lng kung how much ang franchise fee and then I have other question kung may seminar or orientation ng western union.thanx
Can i integrate WU with other money transfer service like CebuanaLguiller,etc?
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Thanks
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Panu mg franchise and how much poh?
Please send me details on how to franchise western union in my email. thank you.
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Hi…Please send me the detail how to franchise western union & how much would it cost me to start the business…
Hi…Please send me the details how to franchise western union & how much would it cost me to start the business…
How to franchise?How much it cost?
Hi Good Day, I’m interested to be part of Western Union, can you please provide me information to become your authorized agent.
Thank you.
homer
Hi Good day I would like to know How much is the franchise fee?
Thanks
How to apply i have my own travel agency in our town yet we do not have any western union in our town
Yong portal form po kc nka base ng USA sana may form para sa philiipines
Details plz?hw much the total investment?
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I have a Money Exchange and Pay center but will close the pay center and want to replace it with Western Union if possible.
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planning to start a business and I’m very interested in putting up a Western Union branch in my area.
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Thanks
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HOw much the franchising fee? I want to franchise here in our place.
I really want to franchise Western Union, please send me details.
It says here no investment or annual fees involved, how about if somebody wants to claim money or remittance, who will provide the funds, or is there any security deposit we will provide? Kindly explain it to me. Thank you very much.
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Good day! I’m interested to be an authorize western union agent. Can you please provide me information/details on how? Thank you & Godbless…
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you can try this sir https://www.businessnews.com.ph/franchising-an-ml-kwarta-padala-express-shop-20181023/
I am interested to franchise western union. Kindly send me how much and other details required. Thanks a lot.
HELLO PO, GUSTO KO PO MAG FRANCHISE NG WESTERN UNION, PAANO PO AT MAGKANO PO ANG PAGKUHA NG FRANCHISE
THANKS AND GOD BLESS
GLENDA
I had a business eatery 3 branchesin Dipolog City Sam’s Tapsiloganq and carenderia , . Magknofranchise Western Union, Details please.
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Intersted po ako magfranchise ng western union,my question po is how much po ang dapat na total fund mo to get a franchise,and pwede po ba makakuha ng franchise kahit walang ibang existing business?thanks in advance.
How much po ang mag franchise ng da5 westren union
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hi OFW po ako gusto ko mag franhcise ng WESTERN union,paano ako makakuha nito.
hello OFW po ako gusto ko mag franchise ng WESTERN union.pano ako makakuha nito .
hi OFW po gusto ko mag franchise ng WESTERN union,paano ?
Good morning Madam/Sir,
I just wanted to ask about the process of franchising WESTERN UNION in our hometown in Datu Odin Sinsuat, Maguindanao, Mindanao, Philippines.
If you could please provide the following information:
1. how much will it cost me to start?
2. how long will the process take from application to actual operation?
3. is there an office where I and my husband can actually meet somebody to better understand the process?
thank you and Allah bless!
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The application portal is only for U.S. How to apply in Philippines.
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ano po requirements
How much to franchise po sa Wu?
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How to become an agent of WU? Paano po maginquire? send me full details to apply. Thank You 🙂
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Thanks
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how much and how to become an agent of western union?
Good day po ma’am/sir, OFW po ako interested po me to avail the franchise of western union. Can you send me po ng details on how and how much total cost?
Could you send the details please?
How & how much? Please can you send complete details! Thank you in advance.
Pls send the details bout franchising tnx.
Ed
How to franchise?
How much to franchise? How to operate here in turkey and what are the requirements?
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How to franchise and how much?
Hownmuch for the western union franchise & how to apply?
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Thank you
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im interested, there is only one money remittance i our town
How to apply
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I’m interested to franchise.
how much po franchise fee & capital need?
How much franchise WU and how to apply?
How much is it for the franchise?
Kindly email me
Is it possible to apply an WU agent if there is no landline in the propose area?,just a cellphone cellsite? How much does it cost to start(given the location,computer etc already provided)
How much is your franchise? I am planning to have it in Alfonso, Cavite.
Hi i have an existing remittance company, and my dear clients request me to have WU in my company. I am pleasure to do so. Please let me know how to become an WU agent. Thanks and Godbless us!!
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Hi good day po. How much po franchising fee ng western union? Thanks
Gusto kopo magfranchise.. Magkano po?
Hi Western Union,
Greetings, the same inquiry as the other want to have a franchise of your reputed remmitnace company, can you please send me deatails to start up the business
Best regards
Hm for franchise fee
How much franchise fee?
Hi i am interested to franchise. How and hm po. Kindly send me details. Thank you
how much po franchise and how po ? details please
How much po fee?
Im interested to franchise fee? How to apply and how much po capital need?
pls send me a complete details how to franchise and the capital need
How much for the franchise I’m interested
Hello po, Paano mag Franchise Ng Palawan Express Padala?Magkano po Ang capital?
Paano mag franchise Ng Palawan Express Padala? Magkano ang Capital?
details
Hi, my name is Leonardo Ignacio, currently Im having a construction in the corner of Elvira and Marina St Josefa Sub Bgy. Malabanias AC. and planning to put up a Western Union Branch in the commercial space. Can you pls give me the details on how to franchise your business. Thank you so much and have a great day!
Kind Regards,
Leonardo
Good morning. How to avail the franchise for western union?
Paano magfranchise ng western union?how and how much?
How and how much to operate westernunion may stall ako plengke wala westernunion ditothank you po
How to franchise and the cost? Kindly provide the details via email thanks.
How to start up/franchise this business?
Gusto ko po sanang magsimula sa ganitong negosyo, pano po at magkano ang kakailanganin? Salamat po.
Details on how to franchise ? Kidly personal message me magbitangroseann26@gmail.com
HOW TO APPLY FRANCHISE ?
WESTERN UNION
How much po mag franchise ng western union.
Interested to apply for franchising