Last $17.73 USD
Change Today +0.43 / 2.49%
Volume 9.5M
WU On Other Exchanges
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As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

12500 East Belford Avenue

Englewood, CO 80112

United States

Phone: 866-405-5012

Fax:

The Western Union Company provides money movement and payment services worldwide. As of December 31, 2013, its services were available through a network of approximately 500,000 agent locations in 200 countries and territories. Segments The company’s segments are Consumer-to-Consumer, Consumer-to-Business and Business Solutions. Consumer-to-Consumer The Consumer-to-Consumer operating segment facilitates money transfers between two consumers, primarily through a network of third-party agents. The company’s multi-currency, real-time money transfer service is viewed by as one interconnected global network where a money transfer can be sent from one location to another worldwide. Its money transfer services are available for international cross-border transfers, and in certain countries, intra-country transfers. This segment also includes money transfer transactions that can be initiated through websites and account based money transfers. The segment includes five geographic regions whose functions are limited to generating, managing and maintaining agent relationships and localized marketing activities and also includes its online money transfer service conducted through Western Union branded Websites (westernunion.com). Although most remittances are sent from one of its agent locations worldwide, in some countries the company offers the ability to send money over the Internet or phone using a credit or debit card, or through a withdrawal directly from a consumer's bank account. All agent locations accept cash to initiate a transaction, and some also accept debit cards. The company offers consumers several options to receive a money transfer. Services: The company offers money transfer services in approximately 200 countries and territories. In 2013, the substantial majority of its Consumer-to-Consumer transactions were cash money transfers involving its walk-in agent locations around the world. The different ways consumers can send or receive money include the following: Walk-in and telephone money transfer service: The substantial majority of its remittances constitute transactions in which cash is collected by the agent and payment (usually cash) is available for pick-up at another agent location, usually within minutes. In certain countries, the company also offers convenience to its consumers to initiate a transaction through the phone using a debit or credit card or through its account based money transfer service. Online money transfer service: Western Union branded Websites allow consumers to send funds online, including through mobile devices, using a credit or debit card for pay-out at most Western Union branded agent locations worldwide. As of December 31, 2013, the company was providing online money transfer service through Western Union branded Websites in approximately 20 countries. Account based money transfer service: The company offers services that allow consumers to initiate a money transfer from an account or direct a transfer to be received in an account. These services include allowing consumers to initiate a Western Union money transfer electronically through their bank’s Internet banking service or automated teller machines (ATMs), without having to visit a physical Western Union agent location. Also, in certain countries, receivers can choose to be paid through credit to their accounts, and in the United States and other countries the company provides a ‘Direct to Bank’ service, enabling a consumer to send a transaction from an agent location or its Websites into an account in a number of countries. Sales and Distribution: The company offers its Consumer-to-Consumer service to consumers worldwide primarily through its network of third-party agents in most countries and territories, with approximately 90% of its agent locations being located outside of the United States. Western Union agents include networks such as post offices, banks and retailers, and other organizations and smaller independent retail locations that provide other consumer products and services. The company provides its third-party agents with access to its multi-currency, real-time money transfer pr

 

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Industry Analysis

WU

Industry Average

Valuation WU Industry Range
Price/Earnings 12.5x
Price/Sales 1.7x
Price/Book 8.9x
Price/Cash Flow 12.1x
TEV/Sales 0.7x
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