Western Union 2007 Annual Report Download - page 7

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5
There are nearly 200 million migrants around the world, many of whom
need a fi nancial services provider that can send money back to their
homes quickly and reliably. Nobody does this better than Western Union.
In 2007, our over 335,000 agent locations processed nearly 168 million
consumer-to-consumer transactions and our consumer-to-business segment
processed 405 million transactions.
Our extensive knowledge of the international money transfer market and
our dedication to serving our customers enables us to move into new
markets and strengthen our presence in existing ones. By expanding our
range of services and embracing new technology we are positioning
ourselves to continue leading the money transfer industry into the future.
As a result we are seeing tremendous growth internationally. But more
importantly, we are building lasting relationships with customers and agents
that guarantee the viability of our business for years to come. This is just
the beginning. The following pages outline the success we’ve had in two
of our largest markets — success we aim to replicate throughout the world.
Everywhere we look, we see people on
the move. Millions of people, in fact, are
leaving their homes behind and seeking
opportunities abroad.
$369 billion
2007 CROSS-BORDER REMITTANCE
PRINCIPAL MARKET (AITE GROUP)
nearly 200 million
MIGRANTS WORLDWIDE
(WORLD BANK)
9.5 million
ACTIVE GOLD
CARD HOLDERS
over 335,000
AGENT LOCATIONS
WORLDWIDE