Western Union (WU +0.8%) launches WU Pay, a platform that allows consumers to pay for online...

|About: The Western Union Company (WU)|By:, SA News Editor

Western Union (WU +0.8%) launches WU Pay, a platform that allows consumers to pay for online purchases using their bank's online bill pay service, or with cash at Western Union locations. The result of WU's 2011 acquisition of eBillMe, the service is aimed at consumers lacking credit cards and traditional bank accounts.