Deal Extends Current Contract, Adds nearly 500 Locations
in Texas, California and Indiana
DENVER, Feb. 5 /PRNewswire-FirstCall/ -- First Data Corp. (NYSE: FDC)
subsidiary Western Union Financial Services, Inc. and its affiliate,
Integrated Payment Systems, today announced that they have renewed an
agreement to provide Western Union Money Transfer and Money Order services to
The Kroger Co. (NYSE: KR).
The multi-year deal extends Western Union's existing agreement and
includes the addition of nearly 500 Kroger locations, in Texas, California and
Indiana, to the network of Western Union agents offering money transfer
services. In addition, approximately 1,000 Kroger-owned locations will begin
offering Western Union Money Orders, expanding the suite of Western Union
services they currently provide to their customers.
"Supermarket networks are the backbone of our U.S. agent distribution and
for more than a decade, Kroger has been an important member of that
distribution network," said Mike Yerington, president, Western Union North
America. "Western Union and Kroger have worked together to provide consumers
with valuable financial services and payment solutions. By continuing that
relationship and extending it to include new locations in California, Texas
and Indiana, Western Union continues the expansion of its agent network,
making it easier and more convenient than ever for consumers to transfer funds
or make payments using Western Union."
About Western Union Financial Services, Inc. and First Data
Western Union Financial Services, Inc., a subsidiary of First Data Corp.
(NYSE: FDC), is an international leader in consumer money transfer services.
Consumers can quickly, safely and reliably pay bills and transfer money around
the globe using the company's proprietary money transfer network. Western
Union and its subsidiary, Orlandi Valuta, together make up one of the world's
largest money transfer networks with a total of approximately 151,000 Agent
locations in more than 195 countries and territories. Famous for its
pioneering telegraph service, the original Western Union dates back to 1851
and introduced electronic money transfer service in 1871. For more
information, please visit the company's Web site at http://www.westernunion.com .
First Data Corp., with global headquarters in Denver, helps power the
global economy. Serving approximately 3 million merchant locations, 1,400
card issuers and millions of consumers, First Data makes it easy, fast and
secure for people and businesses to buy goods and services, using virtually
any form of payment: credit, debit, smart card, stored-value card or check at
the point-of-sale, over the Internet or by money transfer. For more
information, please visit the company's Web site at http://www.firstdata.com .
SOURCE Western Union Financial Services, Inc.
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Related links:
http://www.firstdata.com
http://www.westernunion.com
CONTACT:
Wendy Carver-Herbert of Western Union
Financial Services, Inc., +1-303-967-6416,
wendy.carver@firstdatacorp.com
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