UNITED KINGDOM: Western Union Services Active in the UK, Despite EU Referendum Vote

Press Release By Western Union Published OnJune 22, 2016

LONDON–(BUSINESS WIRE)– The Western Union Company (NYSE: WU), a leader in global payments, announced today all Western Union consumer and business solutions services are active in the United Kingdom, irrespective of Thursday’s EU Membership Referendum vote, or currency volatility.

Western Union® services are available to consumers across more than 7,200 retail Agent locations in the United Kingdom, through the Western Union mobile app and westernunion.com, as well as more than 300 digital kiosks. All of the company’s channels in the United Kingdom allow customers to send to more than 500,000 retail Agent locations globally, more than one billion bank accounts in 50 countries and millions of mobile wallets.

Additionally, Western Union Business Solutions will provide business clients with enhanced support for specific cash management and currency volatility needs.

“For our customers, fulfilling money transfer and payment needs is critical, immaterial of geo-political or economic changes. Serving consumers and businesses remains our number one priority,” said Giovanni Angelini, Senior Vice President and General Manager for Europe at Western Union.

“Our trusted end-to-end cross-border money movement capabilities – retail, online, mobile and kiosks – and business solutions services are industry leading.”

The Western Union® cross border platform enables an industry-leading pay-in, pay-out capability that leverages technology, foreign exchange conversion, data management, as well as regulatory, compliance and anti-money laundering (AML) infrastructure, to expedite efficient and timely money movement across more than 500,000 agent locations in 200 countries and territories, at over 100,000 ATMs and kiosks, online in more than 36 countries, and payout to over a billion bank accounts.

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 March 31, 2016, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 500,000 agent locations in 200 countries and territories and over 100,000 ATMs and kiosks, and included the capability to send money to over a billion accounts. In 2015, The Western Union Company completed 262 million consumer-to-consumer transactions worldwide, moving $82 billion of principal between consumers, and 508 million business payments. For more information, visit www.westernunion.com.


Source: Western Union

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