1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. Western Union for more than 130 years provides money transfer services to its customers. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. To obtain the Golden card can any client of Western Union, committing money transfers on this system more than 1 time per year. Getting the card is issued at the time of making of the next transfer. All you need for sending money via Western Union is to go to the nearest branch of Western Union, fill out the transfer printed form, show your passport and then send money. In 1877, starting from September, New York City residents began to have the opportunity to check the time on clock with the "time ball", located on the roof of constructed in the same year a new corporate headquarters - Western Union Building. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. Before transition to remittances Western Union company rendered services on sphere of cable communication.
Western Union for more than 130 years provides money transfer services to its customers. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market.