Money transfer agent locations

Payment systems are one of basic elements of infrastructure of e-commerce. Western Union for more than 130 years provides money transfer services to its customers. In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. 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. Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. In the 80's of Nineteenth century, Western Union was repeatedly tried capture by the railroad tycoon Jay Gould. He worked with Alexander Graham Bell, inventor of the first phone.


Western union sending money to Rwanda

In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. 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. Western Union for more than 130 years provides money transfer services to its customers.


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Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. 1998 - the number of points of money transfers worldwide reached 50,000. The network of money transfers of Western Union is the world's largest. Money transfer is a matter of minutes, at any distance. 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. In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. Another invention of Western Union - time synchronization. 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.