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The Western Union Co.

The Western Union Co.

Sector: Functions Related To Depository Banking Not Elsewhere Classified Region: CO, United States


: | New York Stock Exchange: WU


The Western Union Co. is a leader in global money movement and payment services, providing people and businesses with fast, reliable and convenient ways to send money and make payments around the world. The company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Consumer-to-Consumer segment provides money transfer services between consumers, primarily through a global network of third-party agents using it multi-currency, real-time money transfer processing systems. This service is available for international cross-border transfers that is, the transfer of funds from one country to another and, in certain countries; intra-country transfers that is, money transfers from one location to another in the same country. The Consumer-to- Business segment provides consumers with flexible and convenient options for making one-time or recurring payments. It consists of U.S. bill payments, Pago Fácil, and international bill payments. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and other organizations and individuals. The Western Union was founded in 1851 and is headquartered in Englewood, CO.

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