In the early 60s Western Union has put into operation transcontinental microwave system of data transmission via radio waves, completely replacing the web of telegraph poles and wires. 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. By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. Money transfer is a matter of minutes, at any distance. In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. In 1933, by the Western Union Company were invented "singing telegrams". As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.
By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. Money transfer is a matter of minutes, at any distance. 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.