Money transfer agent locations

In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In October 1871 the company has implemented the world's first telegraph money order. After a century money transfers have become a major source of income for Western Union. The Western Union Company is a leader in global payment services In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. One of the common kinds of money transfer is a transfer via the international system of Western Union. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online.


Western union sending money to Palestine

In October 1871 the company has implemented the world's first telegraph money order. After a century money transfers have become a major source of income for Western Union. The Western Union Company is a leader in global payment services In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system.


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Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. 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 - Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. Separation of the companies had two objectives: first, to give Western Union the opportunity to develop more intensively, and secondly, to help First Data to return to its original activity (in 1992 the company separated from the payment system of American Express as an independent financial services company).