Western Union and Kroger Sign Money Transfer/ Money Order Agreement
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 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 www.firstdata.com .RELATED LINKS
SOURCE Western Union Financial Services, Inc.