Payment systems are one of basic elements of infrastructure of e-commerce. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. Before transition to remittances Western Union company rendered services on sphere of cable communication.
By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market.