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. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. Western Union made so that the time in all of American civil services was the same.
Western union sending money to Kenya
Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.
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In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. 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. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. 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.