Established over 150 years ago, The Western Union Company specializes in money transfer. Based in Madison, Tenn., the company provides consumers convenient ways to send and receive money around the world. It has an expertise in sending payments and purchasing money orders. The Western Union Company offers its service in various categories, such as consumer-to-consumer, consumer-to-business and business-to-business. The firm operates through a network of approximately 445,000 agent locations in 200 countries and territories worldwide.