In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. In the early forties of the 20th century, Western Union has used the first time a commercial intercity microwave transmission system. As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. Money transfer is a matter of minutes, at any distance. In 2000 was launched the Web site westernunion.com, with which users from certain countries can independently transfer funds online.