As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. The Western Union Company is a leader in global payment services 1970 - a new service called All you need for sending money via Western Union is to go to the nearest branch of Western Union, fill out the transfer printed form, show your passport and then send money. 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.