In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 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. Another invention of Western Union - time synchronization. 1970 - a new service called The Western Union Company uses the most up to date technologies and its unique worldwide computer network that allows to carry out quick money transfers payments in more than 190 countries around the world.