1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Payment systems are one of basic elements of infrastructure of e-commerce. The Western Union Company is a leader in global payment services The Western Union Company is a financial services and communications company based in the United States. The Western Union Company uses the most up to date technologies and its unique worldwide computer network that allows to carry out quick money transfers payments in more than 190 countries around the world. In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it.