Western Union, what's the point?

jknight8907

macrumors 6502a
Original poster
Jun 14, 2004
802
42
Hudson Valley NY
I've been seeing a lot of commercials for Western Union, advertising a holiday special that you can send up to $50 for $5. My question, why? Why not mail a check for 44c or whatever it is now. Or buy a money order for $1 or so and mail it?
 

Nugget

macrumors 68000
Nov 24, 2002
1,855
862
Houston Texas USA
Western Union is also "instant." As soon as they've received the funds from you, the recipient can make the withdrawal. In an emergency sometimes you don't have time to wait for the USPS to deliver a check.
 

ucfgrad93

macrumors P6
Aug 17, 2007
17,845
8,726
Colorado
Western Union is also "instant." As soon as they've received the funds from you, the recipient can make the withdrawal. In an emergency sometimes you don't have time to wait for the USPS to deliver a check.
Agreed. But a 10% fee seems a little expensive.
 

MooneyFlyer

macrumors 65816
Nov 18, 2007
1,484
0
Boston
Agreed. But a 10% fee seems a little expensive.
For people in unusual circumstances 10% may actually be cheap if it saves a few days. For instance, if you were to send a relative a check it would often take 1-2 days to get there and another 2 days to clear their bank. If for some reason they needed that money immediately this would save them 3~4 days or so...
 

rowsdower

macrumors 6502
Jun 2, 2009
270
1
A big reason for some people is that they don't have checking accounts. Some people are not too averse to paying a high fee for financial services (check cashing, cash advance on checks, etc.), either because they don't know any better or they don't have good enough credit to qualify for better services.
 
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