Sending Money with a Phone

Smith, Brad
March 2008
Wireless Week;3/15/2008, Vol. 14 Issue 6, p12
Trade Publication
The article presents a corporate profile of Western Union in the U.S. The company is considered the largest money transfer company in the world with Matt Dill as general manager of mobile business unit. Due to the increasing demand of money transfer, the company earned $4.1billion in 2007, most of that on transaction fees and commissions. According to Dill, most of the money being sent came from residents of developing countries who have jobs in other parts of the world.


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