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Western Union Network Exceeds 250,000 Agent Locations; A Global Leader in Money Transfer Reaches New Business Milestone.


DENVER -- Western Union proudly announces today that its agent network, combined with its subsidiary Orlandi Valuta, now exceeds 250,000 locations. For more than a century, Western Union has been providing consumers with quick, reliable and convenient money transfer services. Consumers in more than 200 countries and territories rely on Western Union to send or receive money to friends and family around the globe in response to emergencies or to provide regular financial support for things like food, shelter and education. Western Union services are offered in trusted locations where consumers already do business. Around the world, our agents include grocery and convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , banks, and post offices.

Earlier this year Western Union established a goal of reaching 250,000 Agent locations in 2005. The company not only met, but exceeded this goal, extending its global agent network to include more than a quarter million locations. Together, Western Union and its subsidiary Orlandi Valuta, make up one of the world's largest money transfer networks.

The expansion of the Western Union Agent network demonstrates the continued international growth of this First Data business. The Payments Services division of First Data (NYSE NYSE

See: New York Stock Exchange
:FDC FDC - Floppy Disk Controller ), which includes Western Union, contributes nearly 40 percent of the company's revenues. It also reinforces First Data's leadership in seamlessly and securely moving money around the world.

In 2005, Western Union network expansions included the addition of Norway and Palau to our list of countries served. Significant Agent signings include Kenya Commercial Bank Kenya Commercial Bank (KCB) is a Financial Services Provider headquartered in Nairobi, Kenya.

It is among the three largest banks in Kenya with assets of more than $1.2 billion. The other two are Barclays Bank of Kenya and Standard Chartered Bank of Kenya.
 in Kenya, Taishin International Bank Established in 1992 Taishin International Bank (or just Taishin Bank) is headquartered in Taipei, Taiwan.

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 in Taiwan and Bank of the Philippine Islands The Bank of the Philippine Islands or BPI (PSE: BPI) is the oldest bank in the Philippines still in operation and is the third-largest bank in the country in terms of assets, third only to Metrobank and second to Banco de Oro-EPCI, Inc.  in the Philippines.

"Western Union is dedicated to serving its customers in the communities where they live and work," said Christina Gold, president, Western Union Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, Inc. "As Western Union continues to expand, we increase our ease and convenience for consumers."

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 the United Nations, more than 175 million people live outside their country of birth and, in 2005, the International Organization for Migration estimated that the number may be as high as 185 to 192 million. First Data and Western Union recognize that the ability to send money home to friends and loved ones loved ones nplseres mpl queridos

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 quickly, reliably and conveniently is an essential need to be met. First Data addresses this need by providing fast, secure and reliable payment solutions to millions of businesses and consumers worldwide. Western Union completed 97 million consumer-to-consumer money transfers transactions in 2004.

About Western Union Financial Services, Inc. and First Data

First Data Corp. (NYSE:FDC) is a leading provider of electronic commerce and payment solutions for businesses and consumers worldwide. Serving 4.1 million merchant locations, 1,500 card issuers and millions of consumers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  using virtually any form of payment. The company's portfolio of services and solutions includes credit, debit, private-label, smart and stored-value card issuing and merchant transaction processing services; money transfer services; money orders; fraud protection and authentication solutions; check guarantee and verification services through TeleCheck; as well as Internet commerce and mobile solutions. Western Union and its subsidiary, Orlandi Valuta, together make up one of the world's largest money transfer networks with approximately 250,000 Agent locations in more than 200 countries and territories. The company's STAR Network offers PIN-secured debit acceptance at approximately 1.7 million ATM and retail locations. For more information, visit www.firstdata.com.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 21, 2005
Words:572
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