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What is Western Union USA?
The Western Union Company is the USA based financial services company which has its head office in Meridian, Colorado, United States. It specializes in money movement and payment services. The company operates all over the world through a wide network of agents. Only in USA and Canada, The Western Union has more than 58,700 agents. It is the one of the world's largest financial institutions.
The company began its business in the year 1851 under the guidance of Hiram Sibley with the opening of its first branch in Rochester, New York under the name New York and Mississippi Valley Printing Telegraph
Company. In 1856, it changed its name to The Western Union Telegraph Company. With the passage of time, the company obtained many smaller companies and it introduced first charge card in 1914. With the development of the Western Union Company, it became the 1st telecommunications corporation in the United States. In 1884, it is added on the New York Stock Exchange under the ticker symbol "WU".
The Western Union Company runs in over 200 countries and territories throughout the world. The Company is divided its operations in Three
sectors including Consumer-to-Consumer, Consumer-to-Business and Business Solutions. Under these sectors, it provides various financial services such as Money Transfer, Prepaid Services, Bill Payment services and many more. It has a large network of approximately 500,000 agents around the world. In addition to this, it also provides loyalty and rewards program to the customers, called "The Western Union Gold Card".