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1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. 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. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. Gold Card Loyalty Program Western Union 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.


Western union sending money to Sweden

In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. Gold Card Loyalty Program Western Union 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.


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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. In 1935, Western Union has put into operation first intercity fax communication. Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person. 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. 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.