DENVER - September 19, 2018
– To support communities most affected by Typhoon Mangkhut in the
Philippines, Western Union, a
leader in cross-border, cross-currency money movement, today announces a
multi-faceted response to provide relief. In total, contributions from
Western Union, the
Western Union Foundation
, Agents and employees through this comprehensive effort could total up to
USD $275,000.
“Flooding and landslides from the typhoon have caused significant damage
and loss of life,” Vice President and Head of the Western Union Foundation,
Elizabeth Roscoe said. “As an organization, we are committed to supporting
immediate relief and sustainable rebuilding for communities in crisis. Over
the coming weeks we will work with Western Union Agents, employees and the
International Federation of Red Cross and Red Crescent Societies to help
the communities recover.”
Western Union has committed USD $50,000
and the Western Union Foundation has pledged USD $30,000 to the
International Federation of Red Cross and Red Crescent Societies. The
Western Union Foundation will also provide a 1:1 match of qualifying
contributions from participating Western Union Agents, up to USD $75,000
and a 2:1 match from contributions made by Western Union employees up to USD $15,000. To date, Agents
participating in the 1:1 Agent match include:Universal Storefront Services Corp.,Perahub, eBusiness Services Inc., and Direct Agent 5 Inc.
Western Union has a long history of being one of the lifelines for
communities in need. In many instances, Western Union has been one of the
few ways for people around the world to receive funds easily, with services
available† when other infrastructure have been severely
impacted.
Western Union and the Western Union Foundation were
at the forefront
of major natural disaster relief efforts, including Hurricane Maria in
Puerto Rico, Hurricane Harvey in Texas and
Hurricane Florence
in the Carolinas. Since 2001, the Western Union Foundation has donated more
than USD $17 million for disaster relief, to aid 180 disasters in 80
countries around the world. Last year, the Western Union Foundation
responded to
13 disasters
around the world.
†
Due to the severity of Typhoon Mangkhut, some Western Union Agent
locations may not be immediately operational or possess sufficient
funds.
# # #
About Western Union
The Western Union Company (NYSE: WU) is a global leader in cross-border,
cross-currency money movement. Our omnichannel platform connects the
digital and physical worlds and makes it possible for consumers and
businesses to send and receive money and make payments with speed, ease,
and reliability. As of June 30, 2018, our network included over 550,000
retail agent locations offering Western Union, Vigo or Orlandi Valuta
branded services in more than 200 countries and territories, with the
capability to send money to billions of accounts. Additionally,
westernunion.com, our fastest growing channel in 2017, is available in 45
countries and territories to move money around the world. In 2017, we moved
over $300 billion in principal in nearly 130 currencies and processed 32
transactions every second across all our services. With our global reach,
Western Union moves money for better, connecting family, friends and
businesses to enable financial inclusion and support economic growth. For
more information, visit www.westernunion.com.
About the Western Union Foundation
The Western Union Foundation believes that education is one of the surest
pathways to economic opportunity. Through collaborations with NGOs around
the world, the Foundation has embarked on a five-year mission to connect
50,000 migrants, refugees, women and young people to the global economy
through demand-driven skills training and workforce enablement programs by
2020. The Foundation also offers a global scholarship program that helps
put a post-secondary education in reach for in-need students studying in
the STEM fields and business. To date, more than $117 million has been
given to fund projects affecting more than 800,000 people in 137 countries
across the globe, including humanitarian relief for communities in crisis.
The Western Union Foundation is a separate charitable corporation that is
tax-exempt under 501(c)(3) of the US Internal Revenue Code, and receives
support from The Western Union Company, its employees, agents and business
partners. Contributions to the Foundation are tax-deductible for US income
tax purposes. To learn more, visit www.westernunionfoundation.org or follow
us on Twitter @TheWUFoundation.
Source:
Western Union
WU-G
Western Union Contact:
Rachel Rogala
+1 (303) 808-2674
Rachel.Rogala@wu.com