Money transfer agent locations

In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. You do not need to open a bank account, so you can send or receive money in any of the 170 000 service points of Western Union around the world. 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. Western Union for more than 130 years provides money transfer services to its customers. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. 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. The Western Union Company uses the most up to date technologies and its unique worldwide computer network that allows to carry out quick money transfers payments in more than 190 countries around the world. Another invention of Western Union - time synchronization.


Western union sending money to United States

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. Western Union for more than 130 years provides money transfer services to its customers. You do not need to open a bank account, so you can send or receive money in any of the 170 000 service points of Western Union around the world.


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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 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. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. In 1995, First Financial Management was acquired by First Data Corp. (the deal amounted to $ 7 billion), and Western Union Financial Services became a subsidiary of First Data. 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). One of the common kinds of money transfer is a transfer via the international system of Western Union. In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services.