Definition
Financial services corporation that specializes in the transfer of money from one location to another location. The company is based out of the United States, but processes financial transactions from across the world. Individuals deposit money at one of the company's kiosks and then the receiver is able to pick-up the funds at another branch. The company has been in business since 1851.
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Business Tips
One Retrospective Statement about Telephones
This telephone has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us. (Made by Western Union in an internal memo, 1876) ... Read more
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