New Western Union Casinos
The Western Union has been around since 1851, and it is the oldest wire transfer provider in the world. It is one of the original eleven all-American companies that made up the Dow Jones Index of 1884, in the New York Stock Exchange (NYSE). By the late 20th century, it enjoyed a complete domination of the market and introduced the first double-entry money transfer in foreign markets, and in 1974, Western Union became the first company to have its own fleet of geosynchronous satellites. In 1943, it acquired Postal Telegraph, which was its principal competitor. The Western Union, today, has a wide network of hyperlocal agents, who transact in cash.
6 New Online Casinos Accepting Western Union
As of 2016, Western Union commands over 520,000 active agents across 200+ countries. It also provides flexibility in cross-currency conversions and over 130 currencies can be used to make and receive payments. The conversion fees depend on the individual pair of currency but offer one of the lowest conversion rates in the industry. It has a wider outreach than PayPal and also provides the flexibility of cash transactions.
The Western Union has started the business of online funds transfer fairly recently. It was during the dawn of the 21st century that the company started providing cross-border, cross-currency transfer of funds. The current avatar of Western Union was shaped during 2000 when it started its digital money transfer system with WU.com. Seven years later in 2007, Western Union launched its Mobile Money Transfer Services, which enabled users to send money on the go. In 2015, the company launched its WU Connect, which provided a platform for funds transfer, over the social media. The first greatest milestone for the Western Union was completed in 2016, when it connected over 1 billion money transfers, across the globe. At a rate of 34 successful transactions each second, the company transferred a staggering $150 billion worth of funds in 2016.
The main and exclusive advantage of using the Western Union is its awesome geographical outreach. It not only has its presence in every country but has hyper local networks of agents in almost every major district of a country. Every agent is connected to the main platform, through which he can connect to any remote part of the world. This makes cash transactions a child’s play, especially if you have to deposit funds outside Europe and North America.
Anonymity is also a big plus for WU users, as all your cards/bank accounts will be billed with Western Union as reference, and your Casino’s name won’t ever figure in your financial statements. Depositing money through the Western Union is a bit complication and may seem shady for first-time users. However, Western Union is a safe and reliable organization, which follows multiple checks and a smooth channel for refunds.
Using Western Union at Online Casinos
To deposit funds into your online casino, you have to first make sure that your online casino accepts the Western Union as a valid payment gateway. The Western Union will be under the Wire Transfer option, which may also contain Money Gram. Once you make sure that your casino accepts WU, go to the cashier’s page of your casino and enter the deposit amount, along with any promo code that you might have. After entering the details, simply click on “Deposit/Proceed”, and the casino will ask you for an MTCN (Money Transfer Control Number) number. You will also find the details of the receiver of funds, like address, name, and other validations. You have to keep this information and proceed to the Western Union home page for making the payment.
The Money Transfer Control Number is a unique 10-digit id, which tracks your payments from the start to the end. The MTCN number will be provided to you by the Western Union once you deposit funds in the Western Union. To do so, you have to click on the “Send Funds” button on the main page of Western Union. This will take you to the login/registration page, as creating an account is mandatory for transferring funds from Western Union platform. If you already have an account, you simply put in your ID and password otherwise, you have to separately register yourself with WU.
Once you complete the registration process, you will be taken to the “deposit funds” page, where you will have to put in the receiver’s details. You will find the details in the online casino’s WU deposit page. Put in the receivers address and other details and then proceed to complete the payment. You will be taken to a payment gateway, where you can make payments through credit/debit cards, bank transfers, etc. Enter your banking details and validate your payment. Once you complete the payment, you will receive an email from the Western Union, stating the transaction details. You will also receive the MTCN (Money Transfer Control Number), which has to be entered back into the casino’s page.
Sometimes, Western Union may give you a call to verify the payment. Now, most Western Union payments take 1-2 hours to process. However, it depends on the recipient’s country and the time zone he is. Sometimes, if you process payments during non-office hours or during some holidays, in the recipient’s country, you may face a delay of a few days. However, the online casino will keep a track of your payment and will show it in the “cashier” page as a pending case, until the payment is collected by the casino. Don’t panic if you don’t get your payment within the same day. You always have the option of refunding your payments back to your bank account. However, if you don’t see your account being credited for over a week, you should contact your casino.
| Company Name: The Western Union Company|
Slogan: Moving money for better
E-mail: [email protected]
Supervised by: State money transmitter legislation
Transaction Time: Instant – a week
Min Transaction: 10 $/£/€
Deposit Fee: 14%-18%
| Established: 1851|
Address: Meridian, Colorado, United States
Phone Number: 0808 234 9168
Other Payment Methods:
Security: Secure Socket Layer (SSL), Encryption
Currencies: All currencies are supported in the 200 countries that Western Union operates in
Max Transaction: 5 000 $/£/€
Withdrawal Fee: NA