The new payments solution, which is available nationwide in the US, delivers payment processing, automated invoicing, recurring billing, customer management and reporting, in one integrated payment suite for small-to-medium business owners.

The company said the Small Business Payments service is the latest offering in the full spectrum of its billing and payment solutions, including walk-in, online, sms text and mobile channels.

Western Union senior vice president and general manager of North America Victoria Lopez-Negrete said that with Western Union, small-to-medium sized businesses, which continue to play a vital role in the US economy, can manage their businesses more efficiently.