Convera (formerly Western Union Business Solutions)
The future of money is in motion.
Overview
Convera, formerly Western Union Business Solutions, is a global B2B payments company that helps organizations send and receive payments across borders. It offers solutions for managing foreign exchange (FX) risk, making mass payments, and streamlining international payables. Convera has a dedicated team and solutions for NGOs, helping them manage grant disbursements, payroll, and vendor payments in over 140 currencies.
✨ Key Features
- Global Payments
- Mass Payments
- FX Risk Management
- Receivables Management
- Solutions for NGOs
- Payment Tracking
🎯 Key Differentiators
- Extensive global network and decades of experience
- Strong focus on FX risk management solutions
- Dedicated expertise and solutions for the NGO sector
Unique Value: Combines a vast global payment network with deep expertise in foreign exchange and dedicated solutions for the NGO sector, helping organizations manage complex international payments and mitigate currency risk.
🎯 Use Cases (4)
✅ Best For
- Provides batch and multi-country payments with compliance processes.
- Helps large organizations with compliance and disbursement needs.
- Specializes in B2B payments and FX services.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Accepting online donations from the public
- Peer-to-peer transfers
🏆 Alternatives
Offers more sophisticated FX risk management tools than many fintech platforms and has a longer history and dedicated focus on the specific needs of NGOs compared to general B2B providers.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (All tier)
🔒 Compliance & Security
💰 Pricing
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