In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. In 1935, Western Union has put into operation first intercity fax communication. In 1920, Western Union has implemented the world's first transmission of images over the ocean. To obtain the Golden card can any client of Western Union, committing money transfers on this system more than 1 time per year. Getting the card is issued at the time of making of the next transfer. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. The project of congressmen involved the construction of lines with the length of two thousand miles in 10 years. Western Union handled the government task within 112 days. The secret of Sibley was simple: he used the tactics of the "Western Union". The Western Union Company uses the most up to date technologies and its unique worldwide computer network that allows to carry out quick money transfers payments in more than 190 countries around the world. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services.
Western union sending money to Canada
In 1935, Western Union has put into operation first intercity fax communication. In 1920, Western Union has implemented the world's first transmission of images over the ocean. Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008.
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1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Western Union made so that the time in all of American civil services was the same. In April 1851 companions registered in Albany New York and Mississippi Valley Printing Telegraph Company (NYMVPTC), which included founded two years before New York State Printing Telegraph Company. Western Union for more than 130 years provides money transfer services to its customers. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. In 1877, starting from September, New York City residents began to have the opportunity to check the time on clock with the "time ball", located on the roof of constructed in the same year a new corporate headquarters - Western Union Building. In 1995, First Financial Management was acquired by First Data Corp. (the deal amounted to $ 7 billion), and Western Union Financial Services became a subsidiary of First Data. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services.