Payment systems are one of basic elements of infrastructure of e-commerce. 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. 1970 - a new service called In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. 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. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world.
1970 - a new service called In 1866, Sibley ordered the engineers to develop a Western Union telegraph system of stock quotes in real time. 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.