As a result, Western Union will be able to reach more than 95 percent of all personal bank accounts in China. As part of the program, Western Union customers can send direct-to-bank money transfers to China from 23 countries via select retail locations and Western Union online money transfer websites.
In 2012, Western Union has completed 231 million consumer-to-consumer transactions worldwide, moving USD 79 billion of principal between consumers.
In recent news, Western Union has partnered US provider of wireless and wireline communication services Sprint to enable users of Sprint prepaid brands Boost Mobile and Virgin Mobile US to gain access to Western Union mobile money transfer services.
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