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Debenhams partners with Western Union for money transfers

Debenhams has signed a partnership with Western Union to handle its in-store travel bureau offer across 112 of its stores.

The move is part of Debenham’s drive to expand its offering amid poor results announced last week.

The department store chain will offer global money transfer via its existing travel money kiosks.

The financial services company already has partnerships with John Lewis and Sainsburys.

Western Union’s general manager of Europe and the CIS for Global Money Transfer Massimiliano Alvisini said:“Today’s customers are looking for different options to send money or receive money via mobile app, web, retail, kiosk, bank or mobile wallet and we are pleased to extend this choice to customers of Debenhams.”

The retailer saw profits nosedive amid a “challenging UK market background”, as CFO Matt Smith departed.

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