presentation - global remittances landscape€¦ · presentation - global remittances landscape...

Global Remittances Landscape

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Landscape

Remittance Perspective

About Western Union

Presentation Path

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

About Western Union

Mobile Outlook

Remittance Perspective

About Western Union

Presentation Path

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

About Western Union

Mobile Outlook

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

$416B

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Remittance Perspective

About Western Union

Presentation Path

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Emerging Channel Trends

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Remittance Perspective

About Western Union

Presentation Path

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Mobile outlook

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Strong consumer preference for Cash

C2B Payments

& Consumer

purchases by

region

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Cash remains the predominant form of consumer payment in much of the world

Source: McKinsey, “Perspectives on the Worldwide Payments Business,” Feb, 2010.

Partnering with banks, mobile network operators (MNOs) or independents to enable mobile-based transactions

Western union strategy FOR MOBILE

� Partner with banks

� Service banked consumers using

mobile channel

Western Union on

Mobile Banking

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� Example: ABSA Bank S.A.

� Partner with MNOs

� Primary focus: unbanked consumers

� Reach underserved receivers

� Example: Safaricom / M-PESA Kenya

Mobile Banking

Western Union on

Mobile Wallet

Sender uses mobile

wallet as source of

funds. Receiver payout

in cash, mobile, or

bank channels

Mobile Send1

Western Union is the largest international branded cash in/cash out network for mobile

MNO Partnership PRODUCTS

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Mobile Receive

Funds directed by

Sender (Push or

alternatively by the

Receiver (Pull) to the

wallet or account

2

Thank You

Western Union Confidential | ©2011 Western Union Holdings, Inc. All Rights Reserved.

Thank You