Benefits that the Partnership between Western Union and PSI Pay Provides

Technology makes keeping in touch with friends throughout the world easy. Therefore, businesses must provide the same options for connectivity. Having accessibility to consistent personal funds is a requirement for most of the people. Clients in the financial organization want the ability to transfer funds faster and securely without leaving their homes. For this reasons, the Western Union decided to partner with PSI Pay.

Western Union’s traditional services for wire transfers were slow. Their wire transfers also required clients to physically visit their agents’ location. These inconvenienced their customers. It also posed as a serious competition from their competitors who had fast and secure ways of transferring money. Using PSI Pay under the company’s brand ecoPayz, it is able to overcome these challenges. The organization uses ecoPayz as its online wallet agent.

Through the collaboration, Western Union offers complete solutions for payments to its clients. These include the ability of a person with a payment account from PSI Pay to use the local banks throughout the world. These means that the holder of the account can send money, withdraw funds, or use other services irrespective of where they are. In combination with the capability to receive funds from another individual, the partnership provides opportunities for the two companies.

Furthermore, the collaboration is complex and all rounded. It provides various online financial platforms that Western Union could not provide on its own. The partnership enables transactions to complete just the same way that PayPal or other platforms would transact. Clients are able to send money, receive money and use their funds. Also, ecoPayz offers prepaid cards. Lastly, it does not need saving or checking account used at the various ATMs.

With ecoPayz, a person can deposit money to their account from wherever they are in the universe. The payments cards can also be utilized worldwide where Visa and master card are accepted. These benefit travelers who occasionally go through disputes with their cards getting marked for possible fraudulent activities. The cards also offer travelers with opportunities of withdrawing money safely from ATMs all over the world.

Luiz Carlos Trabuco Cappi’s Professional And Lifetime Achievements

Luiz Carlos Trabuco Cappi was born in 6th October 1951 in Marilia, Sao Paolo. He is a former businessman and one of the most prosperous entrepreneurs of Brazil. Starting off his career with the simple job post of a clerk at Banco Bradesco, he worked hard for 15 years and finally came to the time when he befitted as the Marketing Director or Banco Bradesco. He stepped in to job life by beginning his career when he was merely a teenager at the early age of 17. For 8 long years long he managed the marketing department of Banco Bradesco.

Since then his capability was well recognized among others and was finally was elected as the CEO of the Bradesco Vida which is a private company that focuses on private pension.

Luiz Carlos Trabuco Cappi is a well renowned man amongst many other top rated businessmen in Brazil. His achievements are well known to all for he has created a unique example of how hard work can bring the ultimate success in life. He has been awarded with numerous awards and accomplishments for his excellence in the profession. He was honoured with the title of the top business sector leader followed by another great achievement of being placed amongst the many names in the list of best CEOs of Brazil.


Luiz Carlos Trabuco Cappi was a bright student since he was young and was very serious regarding his educational background. He completed his graduation under the faculty of science and philosophy followed by a post-graduation degree in social psychology. He is currently listed amongst one of the of Brazils 100 top influential. In October 2017 he was appointed as the Chairman of the Board of Directors of Banco Bradesco and is currently holding the position. He is also awarded as the best CEO of Brazil after been recognized amongst other high profile professionals. In the year 1998, Luiz Carlos Trabuco Cappi was also chosen for standing in the position of Managing Director of Banco Bradesco.

Many had tried but with proper use of business instincts he was successful in leading the purchase of HSBC and bringing it in the land of Brazil. His brilliant business ideas and entrepreneurship had also placed him on the utmost position as he was chosen to be featured in one of Brazil’s reputed Magazines as Entrepreneur of the Year under the finance category.

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Luiz Carlos Trabuco Cappi Appoints New Leader

The banking industry is changing in Brazil. With rapid economic growth, many people who live in Brazil are demanding access to better banking solutions. Luiz Carlos Trabuco Cappi has worked in the industry for several decades. During his career, he has made a positive impact on various companies.

Luiz Carlos Trabuco Cappi is currently the CEO of Brazil. He wants to focus on other areas of his life. He is transitioning out of the company. Bradesco is presently searching for the next leader. Bradesco is the second leading bank in Brazil. Any leadership change is a significant opportunity for large companies.

Early Career

Luiz Carlos Trabuco Cappi attended college to earn a degree in business. He knew that he wanted to work for a large corporation and obtain a high income. He worked a few jobs while he was in college to help with the bills. He worked at a small bank and was able to help numerous customers. He enjoyed working at a bank as a clerk, and he decided to stay in the banking industry after graduation.

Read more: Bradesco deve anunciar sucessor de Trabuco antes do Carnaval

Advanced Degree

After serving in the banking industry for several years, Luiz Carlos Trabuco Cappi decided to get an advanced business degree according to Although going back to college was expensive, he wanted to invest in his career.

He went to school at night after work. Although there were days when he felt too busy, he is glad that he earned an advanced business degree.


As CEO of Bradesco, Luiz Carlos Trabuco Cappi made multiple changes to the company. He invested heavily in online banking. Many young customers want more access to online banking options. Some people wrongly assume that traditional banks do not have to innovate. Banks that refuse to innovate will stagnate and eventually go out of business. Although Luiz Carlos Trabuco Cappi is leaving Bradesco, he is proud of his accomplishments at the company.

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