My question is, why are they holding the money for 7 days? Your guess is as good as mine. Avoid like a plague!!! If I can give them 0 stars I would.
Western Union is expanding its business in Mexico, China and a number of developing countries. WU recently made a strategic investment in Walletron, a pioneer in mobile wallet bill presentment and payment capabilities.
Its competitors were up as well. SPY seemed hard enough already. Western Union has been slow to adapt to the new system of mobile and digital payments, falling behind on the competition. A relatively large debt position without showing significant strong fundamental growth for it.
Meanwhile, the cash flow has been declining in the last years.
DuringWU managed to implement structural changes to improve its future: Moving into mobile payment technology see launch of the Western Union mobile phone app for US and Canada customers.
Strong expansion of its online money transfers into MexicoEastern Europe and Africa. These are all developing markets where WU has a strong foothold and where the demand for financial transfers is currently growing.
A recent strategic investment in Walletron. Western Union already acquired multiple companies in the past to modernize its business. A specialist provider of international B2B payments. Beside these recent events, WU was already fundamentally performing solidly: Taking these recent updates into consideration, we still think Western Union will continue to grow into the future.
The company has an expansive worldwide network of its branches and the main fundamentals are solid. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it other than from Seeking Alpha. I have no business relationship with any company whose stock is mentioned in this article.
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Stay up to date with real time WU stock quotes, historical charts and the latest financial news and investing data for The Western Union Company. Western Union was established as a telegraph company in the midth century, and began money transfer operations in Its telegram and business communication services ceased in , but by this time the money transfer business had long been Western Union’s main revenue source.
Jun 04, · How to Transfer Money with Western Union. In this Article: Article Summary Sending Money Receiving Money Community Q&A. Western Union is a wire transfer service that allows you to quickly transfer money all over the globe.
While it’s not without risks, it is a reliable way to get money to friends and family almost anywhere in the world%(90). Western Union has established itself by getting its name across since On a worldwide basis, Western Union is present in over countries, and transacts approximately different forms of currency.
Because of its international exposure, Western Union's loyalty goes beyond its 19 brick and mortar locations in the US. Western Union may issue Your refund through a WU money transfer or Western Union may issue the refund to the credit or debit card that was used to pay for the transaction.
In lieu of receiving the refund by WU money transfer, You may request Western Union to mail You a check in the amount of the refund.