In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. Each money transfer is protected with control number, that allows you to track and to ensure prompt payment of money specified by you person. 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. In 1914 Western Union engineers invented the first payment card - a prototype of the modern credit card. Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. Transaction with Fexco has allowed Western Union to control directly more than 10 thousand points of service, which belonged to Fexco in 7 European countries (Spain, UK, Sweden, Ireland, Denmark, Norway and Finland). Western Union made so that the time in all of American civil services was the same. Gold Card Loyalty Program Western Union