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In 1884 Western Union has become a joint-stock company and was brought to the stock exchange. The company has entered in the first American stock index Dow Jones. Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person. In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. In order to increase competitiveness and market expansion of its services, Western Union launched a program of loyalty Western Union Gold Card for customers, who has repeatedly made money transfers via Western Union. 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.


Western union sending money to Ethiopia

In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person.


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Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. Gold Card Loyalty Program Western Union Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. 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". Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. 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. In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services.