1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. In 1935, Western Union has put into operation first intercity fax communication. The Western Union Company is a leader in global payment services In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company.