Western Union F.A.Q.
Thanks to cooperation with Western Union the Associated Press at the end of the XIX century took almost monopolistic position in the U.S. market news. 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. Before transition to remittances Western Union company rendered services on sphere of cable communication. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. In the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online.
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