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. One of the common kinds of money transfer is a transfer via the international system of Western Union. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Before transition to remittances Western Union company rendered services on sphere of cable communication. In 1879 Western Union left the telephone business after losing a lawsuit against Alexander Graham Bell - the patent holder on the phone. The first offices of company were located in the Reynolds Arcade building in Rochester, New York. The sign above the main entrance to the building -