Money transfer agent locations

Payment systems are one of basic elements of infrastructure of e-commerce. America was on the verge of civil war and needed a reliable connection between the North and South. On the telegraph market of the USA at this time were operated with six large companies: American Telegraph Company, New York Albany and Buffalo Electro-Magnetic Telegraph Company, Atlantic and Ohio Telegraph, Illinois & Mississippi Telegraph Company, New Orleans & Ohio Telegraph Company, and the brainchild of Sibley & Co. - The Western Union Telegraph. 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. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams. Before transition to remittances Western Union company rendered services on sphere of cable communication.


Western union sending money to Nepal

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. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. America was on the verge of civil war and needed a reliable connection between the North and South. On the telegraph market of the USA at this time were operated with six large companies: American Telegraph Company, New York Albany and Buffalo Electro-Magnetic Telegraph Company, Atlantic and Ohio Telegraph, Illinois & Mississippi Telegraph Company, New Orleans & Ohio Telegraph Company, and the brainchild of Sibley & Co. - The Western Union Telegraph.


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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. The first offices of company were located in the Reynolds Arcade building in Rochester, New York. The sign above the main entrance to the building - By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. The project of congressmen involved the construction of lines with the length of two thousand miles in 10 years. Western Union handled the government task within 112 days. The secret of Sibley was simple: he used the tactics of the "Western Union".