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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 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 early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. 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.


Western union sending money to Ukraine

In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. 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.


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July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it. One of the common kinds of money transfer is a transfer via the international system of Western Union. In the summer of 1990 top managers of the Western Union Company spent day and night in the main office in Englewood (Colorado, USA). They needed to meet the challenge: to save the Western Union from bankruptcy, paying off the debts of the company millions of dollars. 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.