As an old remittance platform, Western Union has the largest remittance outlets in the world. However, remittance needs to queue up at offline outlets, which is also the trouble of remittance through Wu. Western Union remittance has been criticized for its user information security.
In fact, with the development of various financial technology companies, in addition to Western Union, domestic products such as Minimal Express Remittance, British Transferwise and revolut are all new remittance platforms, breaking the old offline peer-to-peer remittance model. The exchange between currencies can be done online.
Compared with foreign products such as Transferwise and revolut, minimalist express remittance is more in line with the usage habits of Chinese people (full Chinese interface, Chinese customer service), and can be sent back to China through minimalist express remittance. As long as you operate on the app, you can get the account in two minutes at the earliest, which is a very friendly product for Chinese people.