In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. Payment systems are one of basic elements of infrastructure of e-commerce. Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company.