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In April 1851 companions registered in Albany New York and Mississippi Valley Printing Telegraph Company (NYMVPTC), which included founded two years before New York State Printing Telegraph Company. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide. The Western Union Company is a leader in global payment services In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.


Western union sending money to Russian Federation

The Western Union Company is a leader in global payment services In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide.


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In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. 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. 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). Another invention of Western Union - time synchronization.