In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. Payment systems are one of basic elements of infrastructure of e-commerce. In 1933, by the Western Union Company were invented "singing telegrams". Western Union made so that the time in all of American civil services was the same.