Demand Fundamentals
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Demand Technicals
Company Profile
The Western Union Company provides money transfer and payment services worldwide. The company's Consumer-to-Consumer segment offers consumer-to-consumer money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. Its services include walk-in money transfer, online money transfer, telephone money transfer, account based money transfer, and mobile money transfer. The company's Global Business Payments segment provides business payments services for consumers to make payments to various organizations, such as utilities, auto finance companies, mortgage servicers, financial service providers, governmental agencies, and other businesses, as well as offers international business-to-business cross-border, and cross-currency payment services. Its global business payment services include Custom House that conducts payment transactions through various channels comprising the telephone and Internet- services that allow consumers to send funds using cash and debit cards under Western Union Quick Collect and Quick Pay names- Quick Cash, a cash disbursement service for businesses and government agencies to send money to employees or individuals- Western Union Convenience Pay, a service to send payments by cash or check- walk-in and cash bill payment services under the Pago Fcil and Western Union brand names- Speedpay electronic payments service that enables consumers to make payments to various billers using credit cards, debit cards, automated clearing house (ACH), and checks- and Equity Accelerator service, which enables consumers to make mortgage payments by ACH. In addition, the company provides money orders, as well as sells prepaid cards that allow consumers to load money or receive a direct deposit from their employer onto the card. It offers its services through a network of approximately 445,000 agent locations. The company was incorporated in 2006 and is headquartered in Englewood, Colorado.
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