Univision Enterprises, a division of Univision Communications, has introduced an international digital money transfer service for Hispanics in association with BBVA’s subsidiary Bancomer Transfer Services (BTS).

The new service, known as Univision Remesas, is available on iOS, Android, Web and Mobile Web. It will provide customers multiple funding options and customer support in Spanish and English via phone or email.

Univision Remesas will offer consumers multiple funding options including a prepaid card, bank account, debit card or credit card.

Recipients can access their money via cash pickup and bank deposit options. Transfer fees start at $4.99.

UCI senior vice president of enterprise development, Richard Pacheco, said: "Launching Univision Remesas provides Hispanic America with a transparent and nimble service at their fingertips from two reliable partners -Univision, the brand they’ve come to trust for close to 60 years, and Bancomer Transfer Services, an established and trusted leader in the financial industry."

Bancomer Transfer Services CEO, Aurora Garza Hagan, said: "The collaboration with Univision delivers a secure digital solution through the Univision Remesas brand, and continues to strengthen and financially empower the Hispanic community."

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData