Western Union is in the business of international money transfer. An individual working in Canada can transfer a portion of his or her earnings to family members living in another country. Why has Western Union's market for wiring money grown dramatically over the last years?

Question

Quizplus · Accepted Answer

Western Union's market has grown dramatically over the last years because it provides a service that is easy to use and reliable. The company facilitates international money transfer for individuals who want to send money to their family members living in another country. This service is convenient, fast, and reliable, which has contributed to the growth of Western Union's market.

Western Union Is in the Business of International Money Transfer