Core products –
Customers can choose between various ways to load and output their funds:
Customers can pay funds from either from: A bank account OR a Credit/Debit Card
Customers can choose to deposit the funds either to: A bank account OR in a cash pay-out to one of Western Unions many physical agent locations around the world.
Western Union facts and figures –
• More than 510,0000 locations in over 200 countries
• In 2011, 226 million consumer-to-consumer transactions were handled by Western Union representing $81 billion in transferred money, of which $425 million was Business-to-business
• On average Western Union facilitates more than 700,000 online transactions yearly in the UK alone and the online business is growing daily
Reasons to choose Western Union –
• No fees for the receiver
• Card pay-in with an option to retrieve cash pay-out in minutes OR send money straight to a bank account
• More than 510,000 locations for cash pick-up around the world
• Ability to send money online anytime from anywhere
• Powerful brand: 81% brand awareness in Europe amongst migrants that remit money internationally