1998 - the number of points of money transfers worldwide reached 50,000. The network of money transfers of Western Union is the world's largest. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person. 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. 1970 - a new service called In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company.