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Western Union Increases Philippines Footprint

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Western Union Increases Philippines Footprint

Englewood, Colorado, United States

The Western Union Company (NYSE: WU) has announced it has added approximately 600 locations to its Philippines Agent network with the signing of two new Agents, further strengthening Western Union's leading position in the country.

Direct Agent 5, Inc (DA-5) and JPT Central Corporate Holding & Management Corporation, (JPT), join the existing four Agents already in the Philippines, bringing the total number of Western Union locations to in excess of 6,000.

The new Agents reflect Western Union's ongoing commitment to offer fast, reliable and convenient money transfer services by providing country-wide access for customers. JPT has more than 100 years' heritage in the Philippine market, while DA-5, a recently formed consortium of three corporations, has a combined 60 years' expertise. Both DA-5 and JPT have extensive, trusted and well-established networks that reach throughout the Philippines. These Agent networks are now fully operational throughout the Philippines.

Western Union, which offers Money in Minutes(1) and Direct to Bank(2) services to the Philippines, is relied upon by millions of customers globally to swiftly and reliably transfer money. The company has approximately 300,000 locations worldwide, and more than 52,000 agent locations in 38 countries and territories in the Asia Pacific region.

About Western Union

Western Union, together with its affiliates Orlandi Valuta and Vigo, is a leading provider of global money transfer services, providing people with fast, reliable and convenient ways to send money around the world, pay bills and purchase money orders through a network of approximately 300,000 Agent locations in over 200 countries and territories. For more information, visit www.westernunion.com.

(1) Funds will be available for payment subject to Agent location's hours of operation, differences in time zone, and other applicable restrictions. Applicable to person-to-person money transfer service.

(2) Money is deposited to the receiver's bank account in the Philippines. Most major banks in the Philippines covered.
WU-G

CONTACT: The Western Union Company Angela Heng +852-6050-6277 angela.heng@intl.westernunion.com or Sherry Johnson 720-332-4750 sherry.l.johnson@westernunion.com

CONTACT: The Western Union Company Angela Heng +852-6050-6277 angela.heng@intl.westernunion.com or Sherry Johnson 720-332-4750 sherry.l.johnson@westernunion.com

Source: Business Wire (Business Wire India)


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