Western Union (NYSE:WU) is engaged in money transfer and payment services. The Company's services are available through a network of over 410,000 agent locations in more than 200 countries and territories, with approximately 85% of those locations outside of the United States. As of December 31, 2009, over 75% of its locations had experienced money transfer activity in the prior 12 months. Western Union operates in two segments: consumer-to-consumer and global business payments. Its other businesses not included in these segments primarily consist of Western Union branded money order services available through a network of third-party agents primarily in the United States and Canada.
Western Union Company
NYSE:WU ISIN:US9598021098
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Seven Bank Limited (JSD:8410) (PINK:SEBNF) will launch an international money transfer service on March 22, 2011. The service allows customers to easily and conveniently send money from Seven Bank accounts for an affordable transfer charge to over 400,000 Western Union (NYSE:WU) locations in more than 200 countries across the globe.
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