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Western Union's Branded Digital Transactions Gain 13%
WUWestern Union(WU) PYMNTS·2024-02-07 01:17

Western Union’s latest results showed increased traction in digital channels, and management pointed to omnichannel efforts as a key avenue of promise in the months and years ahead.The fourth quarter supplementals show that there was 5% growth in consumer money transfer transactions, with 13% growth in branded digital transactions, and branded digital revenue growth was 4%. Consumer money transfers at retail locations were up 0.2%.CEO Devin McGranahan said on the conference call with analysts that “It has b ...