WU Western Union Company

Western Union Offers Relief to Haiti after Hurricane Matthew

The Western Union Company (NYSE:WU), a leader in global payment services, today announced zero fees* on transfers to Haiti, and the Western Union Foundation pledged to contribute to disaster relief efforts to help the communities impacted as a result of the devastating impact of Hurricane Matthew.

Through October 9, Western Union is offering zero-fee* transactions to Haiti from countries in which the company operates across the globe, including the United States, Canada, France, Chile, Brazil and the Caribbean, at participating retail Western Union® Agent locations and at westernunion.com as well as the Western Union mobile app, where available.

In addition to these efforts, the Western Union Foundation will provide a grant to Mercy Corp for a total of $25,000 to help the families and communities affected by Hurricane Matthew. Support will be directed toward emergency services, such as water purification, food, shelter, hygiene and sanitation.

Also, until October 19, the Foundation will provide a dollar-for-dollar match of qualifying contributions from Western Union Agents, business customers and other business partners to NGOs providing disaster relief support in the impacted region up to $50,000. In addition, during the same time, it will match employee donations 2:1 to NGOs providing disaster relief up to $25,000.

“Western Union is committed to providing aid in times of need to the communities in which we operate,” said Mariano Dall’Orso, Western Union’s Senior Vice President and General Manager for Mexico, Canada and Caribbean. “Western Union efforts are aimed at critical relief in Haiti during this time of need,” Dall’Orso said.

“Though we are still realizing the extent of the damage caused by Hurricane Matthew, we know the destruction in Haiti is significant,” said Elizabeth Roscoe, Executive Director of the Western Union Foundation. “The Western Union Foundation is committed to helping Mercy Corps mobilize to assist with critical support on the ground,” concluded Roscoe.

* Western Union also makes money from currency exchange. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Fees and foreign exchange rates may vary by brand, channel, and location based on a number of factors. Fees and rates are subject to change without notice.

About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of June 30, 2016, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 500,000 agent locations in 200 countries and territories and over 100,000 ATMs and kiosks, and included the capability to send money to billions of accounts. In 2015, The Western Union Company completed 262 million consumer-to-consumer transactions worldwide, moving $82 billion of principal between consumers, and 508 million business payments. For more information, visit www.westernunion.com.

About The Western Union Foundation

The Western Union Foundation is dedicated to creating a better world, where the ability to realize dreams through economic opportunity is not just a privilege for the few but a right for all. Through its signature program, Education for Better, and with the support of The Western Union Company, its employees, Agents, and business partners, The Western Union Foundation works to realize this vision by supporting education and disaster relief efforts as pathways toward a better future. Our combined social ventures efforts make life better for individuals, families and communities around the world. Since its inception, The Western Union Foundation has paid more than $106 million in grants and other giving. These funds have been pledged to more than 2,794 nongovernmental organizations in more than 137 countries and territories. The Western Union Foundation, is a separate §501(c)(3) recognized United States charity. To learn more, visit www.westernunionfoundation.org, or Follow us on Twitter @TheWUFoundation.

WU-G

EN
06/10/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Western Union Company

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

Western Union and urpay Collaborate to Offer International Money Trans...

RIYADH, Saudi Arabia--(BUSINESS WIRE)-- and today announced the launch of international money transfer services in the urpay wallet, enabling customers to seamlessly send money to friends and family globally. The move aims to contribute towards Saudi Arabia’s ongoing efforts to build an inclusive digital economy as part of its Vision 2030. This press release features multimedia. View the full release here: Left to right: Giovanni Angelini, President, Europe, Middle East, and Africa at Western Union and Abdullah Al-Ibrahim, CEO, NeoLeap (Photo: Business Wire) urpay, launched in 2021, is Saud...

 PRESS RELEASE

Western Union to Present at the Wolfe Fintech Forum on March 11th

DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) today announced that the Company will present at the Wolfe Fintech Forum on Tuesday, March 11th. The presentation will begin at 8:00 a.m. Eastern Time and will include comments from Matt Cagwin, Chief Financial Officer. Investors and interested parties will be able to listen to the investor presentation via webcast from , under the investor relations section. The archived webcast will be available shortly after the conclusion of the presentation. About Western Union The Western Union Company (NYSE: WU) is committed to helping...

 PRESS RELEASE

Western Union and Penny Pinch Launch International Money Transfer Serv...

CASTRIES, Saint Lucia--(BUSINESS WIRE)-- Western Union and Penny Pinch today announce that they have launched international money transfer services in the Penny Pinch app. The co-branded service enables customers in the country to send and receive money globally, based on their convenience and needs. Penny Pinch is Eastern Caribbean’s leading digital wallet provider. Today’s announcement means Penny Pinch customers can now receive money from their loved ones into the wallet seamlessly through Western Union’s vast global network, which spans over 200 countries and territories. They also have ...

 PRESS RELEASE

Western Union Reports Fourth Quarter and Full Year 2024 Results

DENVER--(BUSINESS WIRE)-- The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported fourth quarter and full year 2024 financial results. The Company’s fourth-quarter revenue of $1.1 billion increased 1% on a reported basis. The revenue increase was driven by growth in Consumer Services and Branded Digital. Results included a lower contribution from Iraq compared to the prior year period, which negatively impacted the revenue growth rate by 3 percentage points. “We concluded 2024 with a solid performance, marking our third consecutive quarter of positive adjuste...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch