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TheStreet Open House

Western Union Signs Three-Year Agreement With Walmart Canada

Stocks in this article: WU

The Western Union Company (NYSE: WU), a leader in global payment services, today announced a three-year renewal agreement with Walmart Canada. Under the terms of the agreement, more than 330 Walmart locations in Canada will continue to offer Western Union ® global money transfer services.

“We are pleased to extend our relationship with Walmart Canada and further demonstrate the value that Western Union can bring to retailers, as they seek to enhance customer loyalty and identify new revenue opportunities,” said, Odilon Almeida, president, Americas, Western Union.

“Western Union’s multi-product, multi-channel solutions help consumers manage their finances and facilitate financial inclusion for millions of people around the world. Our international scale, coupled with a globally-recognized brand known for speed and reliability, is the foundation that customers rely upon,” concluded Almeida.

Western Union moves money in minutes to consumers in more than 200 countries and territories worldwide. Consumers can access Western Union services through multiple touch points, including local retail stores, www.westernunion.com, banks, and their mobile phones. Western Union services, which have evolved over 160 years, quickly and reliably connect people and businesses with each other around the world.

For more information on Western Union, visit www.westernunion.com.

About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of September 30, 2012, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 510,000 agent locations in 200 countries and territories. In 2011, The Western Union Company completed 226 million consumer-to-consumer transactions worldwide, moving $81 billion of principal between consumers, and 425 million business payments. For more information, visit www.westernunion.com.

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Copyright Business Wire 2010

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