The Western Union Company

Company overview

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments: Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents and sub-agents, and offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through websites and mobile devices. The Business Solutions segment provides payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium-sized enterprises, other organizations, and individuals, as well as foreign currency forward and option contracts. It also offers bill payment services that facilitate payments from consumers to businesses and other organizations, along with money orders and other services.

Sector

Financial Services

Industry

Financial - Credit Services

Exchange

NYSE

Market cap

$1.9B

Employees

9,100

Headquarters

Denver, CO

Website

westernunion.com

CEO

Devin McGranahan

Listed

October 2, 2006

P/E

4.47

Dividend yield

14.37%