In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. Gold Card Loyalty Program Western Union In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. 1998 - the number of points of money transfers worldwide reached 50,000. The network of money transfers of Western Union is the world's largest. Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. 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 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. 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. One of the common kinds of money transfer is a transfer via the international system of Western Union.
In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Gold Card Loyalty Program Western Union