In 1920, Western Union has implemented the world's first transmission of images over the ocean. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. The Western Union Company is a leader in global payment services You do not need to open a bank account, so you can send or receive money in any of the 170 000 service points of Western Union around the world. In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. 1970 - a new service called Number of active holders of "Golden Card" of Western Union amounted to 9.5 million people worldwide.