Western Union's Digital Business Sees 15% Growth in Transactions
WUWestern Union(WU) PYMNTS.com·2024-10-24 09:55

Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter.This marked the sixth consecutive quarter of double-digit transaction growth for the Branded Digital business, the company said in a presentation released Wednesday (Oct. 23) in conjunction with its quarterly earnings call.The Branded Digital business now accounts for 32% of Western Union’s Consumer Money Transfer (CMT) transactions and 25% of its revenues, according to a ...