Forex Trading with Western Union

May 21, 2013 6:10 am

western_unionBest forex trading brokers that accept deposits with Western Union. Western Union is financial service company that is well-known all over the world. It is based in the USA and it the best money-exchange company in America.

The company itself has a couple of divisions such as money orders, person to person money transfer, commercial services and business payments.

Western Union has been in this business since 19th century and ever since then the company is dominating the business. It was the first company of this kind and due to this reason they set the pattern for business communications and money transfer.

Via their official site, users can receive and send money to others, purchase gift cards or even pay bills. According to the latest information, there are more than 9 million visitors annually.

Brokers Accepting Deposits with Western Union

Nowadays the internet is the arena for commerce and thus Western Union had to start online services in order to preserve their first place in this business. In 2004 BidPlay was started. Via it you can effectively do online transfers and shop goods and services thanks to your Western Union money. However, after series of problems with this platform, BidPlay was discontinued in 2007.

The same year, 2007, Western Union revealed their plans to make a mobile money transfer services. This was actually a great idea having in mind the fact that there are more than 700 mobile operators located in 218 countries. This means that nearly 2.5 billion people are subscribed and have mobile devices.

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Thanks to this platform users can easily use mobile financial services starting form text notifications and reaching billing payments and money transfers. The mobile transfer module of Western Union will be connected to different e-wallet platforms which are being currently designed by mobile operators, and thus the user will be able to do its everyday payments seamlessly and without any security-related issues.

Where to Trade

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