Payment systems are one of basic elements of infrastructure of e-commerce. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it. Gold Card Loyalty Program Western Union In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Money transfer is a matter of minutes, at any distance.
Western union sending money to Botswana
Gold Card Loyalty Program Western Union In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it.
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The presence of Western Union Gold Card at the client greatly simplifies the process of further processing of money transfers of and reduces the operation time for the sending of money, as the "Gold Card" is a carrier of the personal information about the client. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. The size of the commission fee for the transfer is charged according to the Western Union tariffs and depends on the amount of money sent. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card.