The Western Union Company, a leader in the field of international money transfers, has been given a Neutral recommendation by UBS.
The company operates through two main segments: Consumer Money Transfer and Consumer Services. The Consumer Money Transfer segment allows for global money transfers through various channels such as retail agent locations, websites, and mobile devices. This segment facilitates both international and, in certain regions, intra-national transfers.
The Consumer Services segment offers a range of financial solutions including bill payment services, money orders, retail exchange services, prepaid cards, and digital wallets. Western Union has a wide network that covers over 200 countries and territories, ensuring accessibility to its diverse financial services.