How to franchise a western union outlet in philippines

Last Updated: June 18, Approved.

Easily manage your money, pay your bills, buy load, send and receive money with Western Union and many more through your mobile device. USSC is a homegrown, all-Filipino corporation that aims to serve our countrymen, one person at a time—wherever in the world they may be. Accessible USSC has over stores all over the country that connect you to places you need to be. Homegrown We are a locally born and bred company, and proud citizens of the country we serve. Learn More. Anong kailangan mo ngayon, Ka-Super?

How to franchise a western union outlet in philippines

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. 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 has been in the business of transferring money since 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.

Their system will automatically calculate the fees based on the amount of money sent by your customer, the service chosen, and the destination country.

A Boss Level Tech nerd. Her interests range from all things web hosting to swiping food from the pantry. As she says, free food is the best food. You can't out nerd her and your food is definitely not safe when she's around. June 13, Becoming an entrepreneur and starting your own business is a shared aspiration for many Filipinos.

A Western Union franchise is a business very much associated with Filipino society. About 10 million Filipinos work and live abroad and most of them regularly send money to families in the Philippines. In addition to this huge market for remittance business, domestic transactions such as stay-at-home retailers, parents sending money to children studying in big cities, and other financial transactions taking place locally make use of remittance channels. Just like Jollibee, a brand that Filipinos have embraced and have a strong affinity with, Western Union, though not a Filipino brand, relates especially to both OFWs and family members as a messenger of the lifeline that sustains. The more transactions you send or receive, the more you earn. Western Union will provide the fee tables. The system will automatically calculate the fee based on the amount of money sent, the service is chosen, and the destination country. To send money : The consumer completes a send money form and gives it to the Western Union agent.

How to franchise a western union outlet in philippines

Money transfer is getting popular nowadays because it is the easiest and convenient way of money remittance for both local and foreign currency. In fact, it helps in the economic growth of the country. Western Union is one of the money remittance or transfer centers that is well-known in the Philippines. This company has partnership with other financial agencies to efficiently provide services like money transfers, money orders, and bill payments.

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Aside from the usual trademark, provisions from Citrus Zone include crew training and uniform, initial inventory, and juicing equipment compatible with their branded Cart. Arlene says:. By the way, in regards to the capital and initial investment, the franchise fee is a one-time upfront payment that gives you access to the brand's trademark, logo, and other secrets as long as you adhere to the terms and conditions laid out in your agreement. Ronaldo Gaon says:. There are many benefits to operating as a Western Union agent through your existing business. The following are some of the most in-demand franchising solutions within the service sector: Argie says:. Way back in , Freeway started with its first ever branch and since then, it has been giving the metropolis the much needed fashion June 5, at am. 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. They are renowned for marketing campaigns that can touch the sentiments of any customer. Karint Carcido says:. So, if your internet bags down, there is also no transaction.

Money remittance centers are not new to Filipinos. They are convenient and cheaper compared to banks and other financial institutions and they offer their services often for a small fee.

To be sure, check out the official website of the franchisor. January 7, at am. Alex diongson says:. Melodina buensuceso says:. Items you need to invest in include the franchise fee, royalties, marketing costs, and supplies. Thanks to all authors for creating a page that has been read , times. June 3, at pm. Christine f. December 25, at pm. Malabanias AC. April 15, at am. Enjoy being part of a worldwide network. Arlene says:. January 21, at pm. Thanks and Godbless us!!