Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In October 1871 the company has implemented the world's first telegraph money order. After a century money transfers have become a major source of income for Western Union. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders.
Western union sending money to Bulgaria
In October 1871 the company has implemented the world's first telegraph money order. After a century money transfers have become a major source of income for Western Union. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system.
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In 1935, Western Union has put into operation first intercity fax communication. Western Union for more than 130 years provides money transfer services to its customers. The Western Union Company is a leader in global payment services In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. One of the common kinds of money transfer is a transfer via the international system of Western Union.