Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. The Western Union Company - the American company, specialising on granting of services of monetary intermediary. Western Union was founded in 1851. The company is one of leaders in the market of the international remittances. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Before transition to remittances Western Union company rendered services on sphere of cable communication. 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.
Melayakudi, India have 1 agent Western Union money transfer agent location. All country.
The Western Union Company - the American company, specialising on granting of services of monetary intermediary. Western Union was founded in 1851. The company is one of leaders in the market of the international remittances. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.
Agent | Work time | Services |
---|---|---|
State Bank Of India, Melayakudi Melayakudi 623707 State Bank Of India |
Monday:
9:30 AM - 4:30 PM
Tuesday: 9:30 AM - 4:30 PM Wednesday: 9:30 AM - 4:30 PM Thursday: 9:30 AM - 4:30 PM Friday: 9:30 AM - 4:30 PM Saturday: 9:30 AM - 4:30 PM Sunday: Closed |
money transfer |
In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In 1935, Western Union has put into operation first intercity fax communication. One of the common kinds of money transfer is a transfer via the international system of Western Union. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Thanks to cooperation with Western Union the Associated Press at the end of the XIX century took almost monopolistic position in the U.S. market news. Transaction with Fexco has allowed Western Union to control directly more than 10 thousand points of service, which belonged to Fexco in 7 European countries (Spain, UK, Sweden, Ireland, Denmark, Norway and Finland). 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.