What type of company is western union

A business grows. A child goes to college. From our earliest beginnings, Western Union has advanced technology to connect people — always staying focused on bringing people closer to the places and loved ones that matter most to them, in good times and bad. The year-old Western Union Telegraph Company completes the first transcontinental telegraph line and begins carrying messages from one end of North America to the other.

The company introduces its money transfer service, enabling people and businesses to send and receive money anywhere along its extensive telegraph network. The company also leases bandwidth to other firms for video, voice, and data. Having shifted its focus from communications to cross-border money transfer, Western Union becomes a publicly traded company on January The next day, the company sends its last telegram.

For organizations seeking a partner to optimize cross-border payments, Western Union Business Solutions equips you with the solutions you need to send, receive and manage international payments. Western Union pioneered the idea of moving money around the world and has been connecting people globally for over years. Companies around the world count on us as their global payments partner. With fast, cost-effective payment solutions and customized cash management strategies, we help organizations of any size and in any industry achieve solid results.

Through our powerful online platforms, we offer an efficient way to manage international payments and cash flow on a global scale. Along with a skilled team of financial specialists, we also provide support, market insight, and risk management consultations that can benefit your business and help grow profits today. Services to business customers not available in all regions.

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Rajesh K. Chief Financial Officer. Jean Claude Farah.