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44
THE WESTERN UNION COMPANY 2007 Annual Report
We have a rich 150-year history, and introduced the
fi rst cash-to-cash money transfer services in 1871.
That remains the core of our business. But movement
and development are equal parts of our heritage as
well. That’s why we’re taking steps to strengthen our
core business by making it faster, more reliable and
available to more people than ever before. We’re
forming partnerships that improve and diversify our
bill payment and prepaid services. We are position-
ing ourselves through strategic partnerships to be
leaders in mobile money transfer. We are even
using our knowledge of customer transfer habits
to explore the possibility of micro-lending. Leading
a truly global industry is an exciting challenge, and
we’re proud of the success we’ve achieved so far. In
2007, our fi rst full year as an independent company,
we grew signifi cantly by broadening our reach across
the globe, deepening our impact into local communi-
ties, diversifying our service offerings and establish-
ing partnerships that opened up new markets.
We look forward to making even more of a global
impact in 2008.
Expanding services
for a growing business
C2C
We offer our customers a variety of money transfer
services at any of our over 335,000 agent locations.
In many countries money can be sent via the
telephone or over the Internet at westernunion.com.
In select locations, customers can also send funds
directly to or from a bank account.
Other
Western Union provides a variety of prepaid services
at participating agent locations or on the Internet
for customers who prefer pay-as-you-go wireless or
home phone service, Internet access, or debit card
services. Western Union is also a trusted source for
money orders.
C2B or B2B payments
Customers in the U.S. and select locations in
Canada, Argentina and other countries can send
their bill payments how they want, when they want.
Western Union also offers services for businesses
that need to make payments to customers around
the world.