Money transfer agent locations

1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Payment systems are one of basic elements of infrastructure of e-commerce. In 1935, Western Union has put into operation first intercity fax communication. 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 Western Union Company is a financial services and communications company based in the United States. In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. In 1988, the company undertook a massive reorganization in response to rapidly changing business conditions. In particular, this need has arisen due to many technological changes that have taken place at that time. Company name was changed from Western Union Telegraph Co. to Western Union Corp. In the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission.


Western union sending money to India

In 1935, Western Union has put into operation first intercity fax communication. 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. Payment systems are one of basic elements of infrastructure of e-commerce.


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In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 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 the 30's of the twentieth century, Western Union has become the world's largest telegraph company. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was 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. In the summer of 1990 top managers of the Western Union Company spent day and night in the main office in Englewood (Colorado, USA). They needed to meet the challenge: to save the Western Union from bankruptcy, paying off the debts of the company millions of dollars. In 1933, by the Western Union Company were invented "singing telegrams". In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.