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. Money transfer is a matter of minutes, at any distance. One of the common kinds of money transfer is a transfer via the international system of Western Union. 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. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide.
Western union sending money to Russian Federation
Money transfer is a matter of minutes, at any distance. One of the common kinds of money transfer is a transfer via the international system of Western Union. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service.
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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. 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. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. Thanks to cooperation with Western Union the Associated Press at the end of the XIX century took almost monopolistic position in the U.S. market news. Gold Card Loyalty Program Western Union