As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. Payment systems are one of basic elements of infrastructure of e-commerce. In 1933, by the Western Union Company were invented "singing telegrams". Before transition to remittances Western Union company rendered services on sphere of cable communication. In the 1910-1920 years. Western Union is actively engaged in researching, innovating in the field of data transmission. 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.