Western Union

Overview
Starting off over 100 years ago as a simple telegram service (then known as the New York and Mississippi Valley Telegraph Company), Western Union has expanded its business to incorporate innovative financial services to more than 200 countries and territories around the world. The company offers a wide range of monetary solutions to those wishing to get their money from one point on the globe the next. In 2006 alone, Western Union handled nearly 250-million business transactions, and nearly 150-millon consumer-to-consumer money transfers, proving without a doubt that this is one of the most powerful payment methods available in the world today.

Benefits

Reputation: Nothing can beat over 100 of reputation and Western Union has the performance record to show for it. This company is the first choice for millions of people who choose to make money transfers and online purchases simply because they know that they cannot go wrong. Western Union serves literally millions of consumers around the globe each year and has in excess of $4-billion in revenue. As a publicly trading company, Western Union management is answerable to its shareholders and will thus do its utmost to protect its reputation.

Global Accessibility: The Western Union sign is easily recognizable at thousands of agencies around the globe. In order to live up to its reputation in the industry, Western Union holds several international financial services licenses and also contracts local agents to maintain a globally accessible network of services. In addition, Western Union will transfer money into any currency requested by the purchaser.

Recognized by Online Gambling Sites: While not all online casinos accept Western Union as a payment method, the reputable ones do. Instructions on how to deposit funds using Western Union vary from site to site so it is advisable to contact customer services before funding any accounts. Many online casinos offer players an extra bonus (eg. 10%) simply for paying with this method.

Quick Service: Western Union is one of the fastest ways available to transfer money and make online purchases. In most cases, players using this service at online casinos can have their accounts credited within a few minutes.

Convenience: With so many Western Union agents around the world, as well as the option to pay via the internet, using this method is remarkably easy and convenient.

Low Costs: Western Union can be used to transfer sums for as little as $10. In addition, the company will reimburse all transfer fees for deposits of a certain amount and up.

User Friendly: All customers need to do in order to pay for their online entertainment is to contact the site, find out all the relevant information regarding name, destination and other payment details, then contact their nearest Western Union agent to make the transfer. Customers can pay for the service in US Dollars, for example, and have the payment made in Euros.

Conclusion
Not many payment methods today can boast a proven track record of over 100 years. Western Union draws on its years of experience and its excellent industry reputation to provide its customers with one of the best payment methods around. The Western Union sign is probably one of the most easily recognized in the world, and the company continues to attract those seeking an easy-to-use, service oriented, globally accessible payment method.