# Western Union

> Western Union connects digital money transfers with a worldwide network of retail agents, bank accounts and wallets. Its core customers are people moving money across borders, often to support family. The company earns transfer fees and foreign-exchange revenue, and is expanding into adjacent consumer services and stablecoin infrastructure while its mature retail business faces pressure.

- **Founded:** 1851
- **Headquarters:** Denver, United States
- **Founders:** Hiram Sibley (Co-founder of the 1851 predecessor company; early president), Samuel L. Selden (Co-founder of the 1851 predecessor company)
- **Products:** Consumer Money Transfer, Western Union app, Quick Collect and bill payment, Consumer Services, USDPT
- **Notable:** Roots in an 1851 telegraph company; money-transfer service introduced in 1871., Participated in completing the first transcontinental telegraph connection in 1861., One of the original 11 companies in the first Dow Jones average in 1884.

## Products & services

- **Consumer Money Transfer** — Cross-border and selected domestic transfers through retail agents, websites and mobile apps, with cash, bank-account and supported wallet delivery.
- **Western Union app** — Create transfers, check rates, track money and repeat payments; some markets support starting in the app and paying cash in-store.
- **Quick Collect and bill payment** — Consumer-to-business bill payments, including cash payments through participating agents; Quick Collect launched in 1989.
- **Consumer Services** — Market-specific bill payments, money orders, travel money, prepaid cards, wallets and related services.
- **USDPT** — Dollar-denominated stablecoin issued by Anchorage Digital Bank on Solana; launched May 4, 2026.
- **Stablecard by Western Union** — USDPT wallet and Visa secured credit card launched with Rain in 37 markets in August 2026.
- **Receiver Redirect** — Announced service intended to let recipients receive transfers as USDPT in a Western Union wallet; Noah selected as infrastructure partner in October 2026.

## Achievements

- Roots in an 1851 telegraph company; money-transfer service introduced in 1871.
- Participated in completing the first transcontinental telegraph connection in 1861.
- One of the original 11 companies in the first Dow Jones average in 1884.
- Operates a money-movement network covering more than 200 countries and territories.
- Launched USDPT in May 2026 and Stablecard with Rain in August 2026.

## Latest updates

- **2026-10** — Noah announced its selection as infrastructure provider for Western Union’s Receiver Redirect service on October 20; capabilities described as planned.
- **2026-10** — Publix and Western Union renewed their financial-services relationship on October 7.
- **2026-08** — August 14 joint update reported New York approval for Intermex acquisition but suspension of California’s approval extension; acquisition remained pending in that update.
- **2026-08** — Stablecard launched with Rain on August 4 in 37 markets; expansion to 60+ markets by year-end was a target.
- **2026-07** — Q2 revenue was $1.0132 billion, down 1% reported; branded digital revenue rose 7% and digital transactions rose 25%.
- **2026-05** — USDPT launched May 4 on Solana, issued by Anchorage Digital Bank.

## Links

- Website: https://www.westernunion.com/
- LinkedIn: https://www.linkedin.com/company/western-union/
- Twitter/X: https://twitter.com/WesternUnion
- YouTube: https://www.youtube.com/c/westernunion
- Instagram: https://www.instagram.com/westernunion/
- Facebook: https://www.facebook.com/WesternUnion/

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Profile page: https://yespress.io/western-union
Published by YesPress — https://yespress.io
Last updated: 2026-10-24