Page 3 - WU Corporate Brochure
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Global economic
opportunities
By 2022, Forrester estimates that cross-border e-commerce sales
will be $630 Billion, making up 20% of the global e-commerce
market. Yet, per Western Union’s own consumer research,
less than half of cross-border shoppers have internationally-
enabled credit cards. Furthermore, a significant portion of retail
transactions are still made in-person, according to the Federal
Reserve Bank of San Francisco. Western Union has opened up
its unique cross-border platform to enable businesses to expand
their reach and serve more customers.
According to McKinsey research, growth is accelerating in non-
traditional pockets, with the most robust growth clustered in
emerging markets. Western Union has the ability to operate
in 200 countries and territories, thereby enabling global
connectivity and opportunities beyond border for its partners.
By 2025, an estimated 300 million people will live outside of their
country of birth, according to the UN. Our customers are global
citizens who build bridges across geographies, economies and
cultures every time they send money to loved ones.
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