As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. Payment systems are one of basic elements of infrastructure of e-commerce. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online. 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. Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it.