WOOHOO! Now thats what i call improvement, no more waiting for checks to arrive and the necessity to go to cash-in checks! In some countries publishers now have the possibility to receive payments trough western union, they will be able to pick up the money the next day after payment was issued.

Payment trough western union is available in the following countries:

• China (Mainland)
• Malaysia
• Pakistan
• Romania
• Philippines
• Argentina
• Chile
• Peru
• Colombia

If you have a business account due to Western union restrictions you cannot receive payment trough WU.

You will receive payment trough US $(dollars), but you will have the possibility to withdraw the money in your local curency.

To find a western union area in your area visit http://www.payment-solutions.com/agent.asp

Later: I just came across a blog post on Contentadsblog.com , and a part is really interesting:

Quote from the blog post:

I asked AsenseAdvisor if there is any fee. associated with Western Union Quick Cash payment option.

ASA Reply: Good question - no, there are no publisher fees currently associated with Western Union payments.

-ASA

Reference:  WebmasterWorld

Lets hope Google will make further improvements!