What is Western Union?
Western Union is a financial services company that provides a global money transfer service and payments. It was founded in 1851 in the United States, initially providing telegraph services and later expanding into money transfers.
Today, Western Union has one of the largest global networks for person-to-person money transfers, enabling customers to send and receive funds to and from over 200 countries and territories.
People use Western Union for a variety of money transfer needs like:
- Sending money back home to family members
- E-commerce purchases and business-related transactions
- Paying bills and other expenses
A key advantage of Western Union is the large network of agent locations around the world, allowing customers to easily send or receive cash at a retail location. It also has an online money transfer service and offers some other payment services for businesses like Western Union Business Solutions.
Western Union is used by a range of customers including immigrants or foreign workers sending money back home to families, businesses and organizations making payments globally, and also individuals and companies doing e-commerce or managing expenses across borders.