Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. Money transfer is a matter of minutes, at any distance. 1970 - a new service called 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 1884 Western Union has become a joint-stock company and was brought to the stock exchange. The company has entered in the first American stock index Dow Jones.