The Company’s revenues are primarily derived from consideration paid by customers to transfer money. These revenues vary by transaction based upon factors such as channel, send and receive locations, pay-in and pay-out method, the principal amount sent, and the difference between the exchange rate set by the Company to the customer and a rate available in the wholesale foreign exchange market, when the money transfer involves different send and receive currencies. The Company also offers other consumer services, for which revenue is impacted by similar factors. The Company analyzes its different services individually to determine the appropriate basis for revenue recognition. For additional information on the Company's different services, refer to the Company’s consolidated financial statements within the Company’s Annual Report on Form 10‑K for the year ended December 31, 2023.

Revenues from consumer money transfers are included in the Company’s Consumer Money Transfer segment and revenues from consumer bill payment and other services are included in the Company’s Consumer Services segment. Revenues from business-to-business foreign exchange and payment services were included in the Company’s Business Solutions segment. See Note 14 for further information on the Company’s segments.

The substantial majority of the Company’s revenue is recognized at a point in time. The following tables represent the disaggregation of revenue earned from contracts with customers by product type and region for the three and six months

ended June 30, 2024 and 2023 (in millions). The regional split of revenue shown in the tables below is based upon where transactions are initiated.


	Three Months Ended June 30, 2024
	Consumer
	Money		Consumer
	Transfer		Services		Total
Regions:
North America	$	376.3	$	37.2	$	413.5
Europe and CIS		233.9		16.9		250.8
Middle East, Africa, and South Asia		168.5		0.1		168.6
Latin America and the Caribbean		107.6		30.4		138.0
Asia Pacific		49.8		—		49.8
Revenues from contracts with customers	$	936.1	$	84.6	$	1,020.7
Other revenues (a)		28.9		16.8		45.7
Total revenues	$	965.0	$	101.4	$	1,066.4


	Three Months Ended June 30, 2023
			Foreign
	Consumer		Exchange
	Money		and Payment		Consumer
	Transfer		Services(b)		Services		Total
Regions:
North America	$	372.3	$	—	$	33.8	$	406.1
Europe and CIS		246.0		6.5		4.7		257.2
Middle East, Africa, and South Asia		264.8		—		0.1		264.9
Latin America and the Caribbean		99.8		—		27.3		127.1
Asia Pacific		54.8		—		—		54.8
Revenues from contracts with customers	$	1,037.7	$	6.5	$	65.9	$	1,110.1
Other revenues (a)		34.5		7.8		17.6		59.9
Total revenues	$	1,072.2	$	14.3	$	83.5	$	1,170.0


	Six Months Ended June 30, 2024

	Consumer
	Money		Consumer
	Transfer		Services		Total
Regions:
North America	$	730.8	$	76.6	$	807.4
Europe and CIS		458.3		21.4		479.7
Middle East, Africa, and South Asia		360.8		0.2		361.0
Latin America and the Caribbean		215.1		53.5		268.6
Asia Pacific		99.7		—		99.7
Revenues from contracts with customers	$	1,864.7	$	151.7	$	2,016.4
Other revenues (a)		62.3		36.8		99.1
Total revenues	$	1,927.0	$	188.5	$	2,115.5


	Six Months Ended June 30, 2023
			Foreign
	Consumer		Exchange
	Money		and Payment		Consumer
	Transfer		Services(b)		Services		Total
Regions:
North America	$	719.6	$	—	$	67.2	$	786.8
Europe and CIS		479.7		13.0		10.2		502.9
Middle East, Africa, and South Asia		434.1		—		0.2		434.3
Latin America and the Caribbean		199.5		—		55.5		255.0
Asia Pacific		110.1		—		—		110.1
Revenues from contracts with customers	$	1,943.0	$	13.0	$	133.1	$	2,089.1
Other revenues (a)		67.5		16.7		33.6		117.8
Total revenues	$	2,010.5	$	29.7	$	166.7	$	2,206.9

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(a)

Includes revenue from investment income generated on settlement assets primarily related to money transfer and money order services, impacts from the Company's foreign currency cash flow hedges, and other sources.

(b)

On August 4, 2021, the Company entered into an agreement to sell its Business Solutions business, and the final closing for this transaction occurred on July 1, 2023.