As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. The Western Union Company is a leader in global payment services Before transition to remittances Western Union company rendered services on sphere of cable communication. 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.