In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. Another invention of Western Union - time synchronization. Payment systems are one of basic elements of infrastructure of e-commerce. In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. Western Union for more than 130 years provides money transfer services to its customers. Gold Card Loyalty Program Western Union