Payment systems are one of basic elements of infrastructure of e-commerce. Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. In 1920, Western Union has implemented the world's first transmission of images over the ocean. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. Money transfer is a matter of minutes, at any distance. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. The Western Union Company is a financial services and communications company based in the United States. In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. Before transition to remittances Western Union company rendered services on sphere of cable communication.
Western union sending money to Lebanon
In 1920, Western Union has implemented the world's first transmission of images over the ocean. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008.
Select your city for
The presence of Western Union Gold Card at the client greatly simplifies the process of further processing of money transfers of and reduces the operation time for the sending of money, as the "Gold Card" is a carrier of the personal information about the client. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. Money transfer is a matter of minutes, at any distance. 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 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp.