Posted on 03/10/2022 10:36:54 AM PST by marcusmaximus
Western Union Co. said Thursday that it is suspending its operations in Russia and Belarus.
The money-transfer and payments company said it has engaged in "extensive dialogue" with a wide variety of its stakeholders to arrive at a decision regarding its services in Russia and Belarus.
(Excerpt) Read more at wsj.com ...
Um, does anyone still use Western Union?
I think it’s largely for sending money now.
2021 Full Year Financial Highlights
The Company’s full year revenue of $5.1 billion increased 5% compared to the prior year, or 4% on a constant currency basis, including a less than 1% benefit from inflation in Argentina. The revenue increase was driven by a strong growth in digital money transfer and the Business Solutions segment.
10 Years back I got a call from a friend who lost her credit cards on a business road trip and was almost out of gas 100 miles from home and was too embarrassed to call anyone in her family to help. Sent $40 bucks to a WU at a grocery store nearby. She paid me back.
We’ve done that for a relative; and used to buy their money orders, too.
I was kind of sad when they stopped doing telegrams - they just seemed like a really fun old thing. I think they shut that down in 2006.
Indian scammers.
Who is hurt?
Citizens.
Not Putin.
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