The data: Western Union's revenues reached $1.1 billion in Q4, declining 6% year over year (YoY) on a constant currency basis, per its earnings release.
- Customer-to-customer (C2C) transaction volume declined 12% YoY in Q4, compared with flat growth during the same period in 2021.
- The firm's branded digital volume—which accounted for 21% of total C2C revenues—grew 2% YoY, versus a 17% YoY jump in Q4 2021.
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