1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. The presence of Western Union Gold Card at the client greatly simplifies the process of further processing of money transfers of and reduces the operation time for the sending of money, as the "Gold Card" is a carrier of the personal information about the client. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported.
In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. The presence of Western Union Gold Card at the client greatly simplifies the process of further processing of money transfers of and reduces the operation time for the sending of money, as the "Gold Card" is a carrier of the personal information about the client.