In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. Payment systems are one of basic elements of infrastructure of e-commerce. The Western Union Company is a leader in global payment services One of the common kinds of money transfer is a transfer via the international system of Western Union. 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 - In 1884 Western Union has become a joint-stock company and was brought to the stock exchange. The company has entered in the first American stock index Dow Jones.