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Western Union Renews Contract With La Banque Postale In France

Stocks in this article: WU

Western Union (NYSE: WU), a leader in global payment services, announced today that it has renewed in France its long-term collaboration for money-transfer services with La Banque Postale, the banking subsidiary of La Poste group, the postal services’ operator in France.

Serving more than 10 million active customers in France, La Banque Postale has one of the largest banking networks in the country, and is a key Agent for Western Union in France. Western Union and La Banque Postale have been working together since 1996, offering a variety of innovative products and services for money transfers, serving their customers’ financial needs to transfer money in a fast, convenient and reliable way.

Marie-Elise Droga, France and Benelux Regional Director of Western Union, said: “We are very pleased to again extend our long-term and successful relationship with La Banque Postale, which combines the best of both our companies. For our customers, we will continue to work together for further excellence in innovation and services, leveraging the breadth and talent of La Banque Postale’s network and teams with our specialist know-how for offering convenient, reliable and competitive money transfers across the globe.”

In 17 years, this strong and unique relationship has resulted in the launch of a series of new products and services, including Western Union money transfers directly from La Banque Postale accounts online and in branches, from bank cards, to mobile accounts abroad, and a Western Union and La Banque Postale co-branded loyalty reward Gold Card, among others.

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 June 30, 2013, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 520,000 agent locations in 200 countries and territories and approximately 115,000 ATMs. In 2012, The Western Union Company completed 231 million consumer-to-consumer transactions worldwide, moving $79 billion of principal between consumers, and 432 million business payments. For more information, visit www.westernunion.com.

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