As the new year starts, millions of hard-working men and women gather the money they have saved throughout the year, go to a localWestern Union office and wire it to their
relatives throughout the developing world. But up to 20% of these savings are taken in transfer fees, allowing companies to make billions of dollars in profit on the backs of the
Despite the World Bank calling for a maximum of 5% transaction fees, Western Union has never faced a public outcry to challenge its shameless profiteering...
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