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. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. 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. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone.
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. Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system.