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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. 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. By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. Separation of the companies had two objectives: first, to give Western Union the opportunity to develop more intensively, and secondly, to help First Data to return to its original activity (in 1992 the company separated from the payment system of American Express as an independent financial services company). One of the common kinds of money transfer is a transfer via the international system of Western Union. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. Before transition to remittances Western Union company rendered services on sphere of cable communication.


Western union sending money to Eritrea

By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. Separation of the companies had two objectives: first, to give Western Union the opportunity to develop more intensively, and secondly, to help First Data to return to its original activity (in 1992 the company separated from the payment system of American Express as an independent financial services company). 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.


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Payment systems are one of basic elements of infrastructure of e-commerce. In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. Gold Card Loyalty Program Western Union In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. The Western Union Company is a financial services and communications company based in the United States.