Western Union sees $500 mln digital revenues by 2015 - CEO

LAGOS, June 18 Tue Jun 18, 2013 1:24pm EDT

LAGOS, June 18 (Reuters) - Western Union Co expects revenue from its digital business to grow to $500 million by 2015, from $150 million currently, its chief executive said on Tuesday.

Chief Executive Hikmet Ersek told reporters during a visit to Nigeria's commercial hub of Lagos that while the digital business is only about 3 percent of its $5.6 billion total revenues, it was the fastest growing.