As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. Another invention of Western Union - time synchronization. Money transfer is a matter of minutes, at any distance. In 1933, by the Western Union Company were invented "singing telegrams". In October 1871 the company Western Union began to provide money transfer services, drawing on its own extensive telegraph network. Western Union made so that the time in all of American civil services was the same.