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MarketScreener Homepage  >  Equities  >  Nyse  >  Western Union Company    WU

WESTERN UNION COMPANY

(WU)
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Western Union : Bharti Airtel partner on real-time bank transfers to India, African mobile wallets

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01/22/2020 | 01:46pm EDT

Western Union has teamed up with Bharti Airtel Ltd. to allow customers to send real-time payments directly to bank accounts in India as well as real-time fund transfers to mobile wallets in 14 African countries. 

Users may transfer funds via Western Union to millions of accounts at Airtel Payments Bank, the banking subsidiary of Bharti Airtel, or direct funds through Airtel Africa, which has 15 million mobile wallet customers across the continent. 

"The future of money transfer is about customer choice — allowing them to move money whenever, however and wherever they want," Hikmet Ersek, president of Western Union, told the World Economic Forum in Davos, Switzerland, according to a company release. "Our platform cuts through the complexities of cross-border money movement and payments so millions of customers can access their funds in real time in a manner that suits their local infrastructure and preferences."

Copyright © 2020 Networld Media. All rights reserved., source Industry News

Stocks mentioned in the article
ChangeLast1st jan.
BHARTI AIRTEL LIMITED 2.64% 440.6 End-of-day quote.0.59%
WESTERN UNION COMPANY -0.73% 17.72 Delayed Quote.-33.83%
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Financials (USD)
Sales 2020 5 125 M
EBIT 2020 1 049 M
Net income 2020 753 M
Debt 2020 1 751 M
Yield 2020 4,79%
P/E ratio 2020 9,69x
P/E ratio 2021 8,37x
EV / Sales2020 1,77x
EV / Sales2021 1,70x
Capitalization 7 334 M
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Technical analysis trends WESTERN UNION COMPANY
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 22
Average target price 22,72  $
Last Close Price 17,85  $
Spread / Highest target 73,7%
Spread / Average Target 27,3%
Spread / Lowest Target -16,0%
EPS Revisions
Managers
NameTitle
Hikmet Ersek President, Chief Executive Officer & Director
Jeffrey A. Joerres Non-Executive Chairman
Rajesh K. Agrawal Chief Financial Officer& EVP-Global Operations
Betsy DeHaas Holden Independent Non-Executive Director
Michael A. Miles Independent Director
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