17.09.2009

Western Union Signs Three Major New Agents in Europe: Largardère Services, Ortel Finance and PayUp

Significant step in the strategy to capitalize on the growth opportunities offered by EU Payment Services Directive

Potential retail expansion at over 15,000 additional locations in Europe

Agreements will strengthen brand, expand distribution network and enhance customer experience


ENGLEWOOD, Colo.--(Business Wire)--

The Western Union Company (NYSE:WU) today announced the intention to sign long-term agreements with Lagardère Services, Ortel Finance (part of the Ortel group of companies which also comprises Ortel Telecom) and PayUp to provide Western Union global money transfer services in France, The Netherlands, Germany, Belgium, Spain, Portugal, Switzerland, Romania and Poland.


The agreements significantly expand Western Union`s presence in Europe. With over 15,000 retail locations across the continent, these companies bring potentially important retail expansion opportunities to Western Union.


Signing up Lagardère Services, PayUp and Ortel Finance as Agents represents a major milestone in Western Union`s strategy to capitalize on the opportunities offered by the implementation of the EU`s Payment Services Directive ("PSD"). Coming into effect on 1 November 2009, the PSD seeks to increase pan-European competition, innovation and participation in the payments industry by creating a single market for payment services. It also enables retailers and other non-bank organizations to offer a portfolio of worldwide payment services, previously only offered by financial institutions in the EU.


"The strategically important agreements with Lagardère Services, Ortel Finance and PayUp will allow Western Union to take advantage of the excellent growth opportunities presented by EU`s new Payment Services Directive," said Hikmet Ersek, Executive Vice President and Managing Director, EMEA-APAC at Western Union. "The agreements will enable Western Union to strengthen its brand, expand its distribution network into retail and enhance further the convenience and premium service we offer to our customers."

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Luis Janeiro, CEO of Payup, said: "We acknowledge that signing this agreement is another great step for PayUp. Western Union is one of the best known companies worldwide and we appreciate that it recognizes the potential of the PayUp network. We are very proud of this partnership and we believe that Western Union customers will have the convenience of more locations and extended opening hours."


About Western Union: The Western Union Company (NYSE: WU) is a leader in global money transfer services. Together with its Vigo and Orlandi Valuta branded money transfer services, Western Union provides consumers with fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders. It operates through a combined network of more than 385,000 agent locations in 200 countries and territories. Famous for its pioneering telegraph services, the original Western Union dates back to 1851.


For more information, visit www.westernunion.com


02.10.2009

PayUp and paysafecard partner to bring internet payment alternative to Romanian and Polish consumers

PayUp, un brand multinational de servicii electronice convenabile (top-upuri mobile, plati de facturi si alte produse preplatite) lanseaza paysafecard-urile-solutii de plata pe internet pentru Romania si Polonia.


Incepand de astazi, PayUp va promova si va face disponibil partenerilor sai din Europa Centrala si de Est serviciile paysafecard, diversificandu-si portofoliul serviciilor in incercarea sa de a aduce solutii inovative de plata clientilor sai.


Prin acest parteneriat, PayUp si paysafecard vor sa raspunda nevoilor legate de platile pe internet unei piete in continua crestere. Este o modalitate alternativa preplatita, sigura si usor de utilizat pentru comertul on-line si este disponibil in mai mult de 20 de tari din intreaga lume.Aceasta solutie de plata avantajoasa este proiectata pentru aceia care nu au un card de debit sau de credit, sau care nu vor sa isi utilizeze cartea de credit proprie pentru cumparaturi online sau pentru alte micro-plati pe internet.Utilizatorii autorizeaza o plata doar prin introducerea unui cod PIN, asemanator sistemului utilizat la cartelele de telefon preplatite. Intrand intr-un centru semnalat ca agent PayUp, poti acum cere un voucher paysafecard disponibil cu valori de 25 RON, 50 RON, 100 RON si 300 RON.


In Romania, PayUp va fi prima companie care va face acest serviciu disponibil pentru consumatori.


Luís Janeiro, CEO-ul grupului PayUp, a declarat: “Parteneriatul cu paysafecard a fost unul din primii pasi pentru cresterea prezentului portofoliu PayUp, oferind discounturi in plus tuturor retailer-ilor si contribuind la diferentierea de catre ceilalti competitori.Suntem de asemenea incantati sa fim primii care facem accesibila cetatenilor romani aceasta noua metoda de plata pentru servicii pe internet, care este deja disponibila in intreaga Europa de ceva timp”.


Michael Müller, CEO-ul grupului paysafecard , adauga “Suntem incantati sa intram pe piata romaneasca cu un partener puternic si asteptam cu nerabdare sa facem pe toata lumea sa participle in sectorul prosper al comertului online prin furnizarea unei metode usoare si sigure de plata”.


Despre paysafecard: In ultimii noua ani, paysafecard s-au stabilit ca fiind metoda alternativa de plata prepaid preferata, sigura si usor de utilizat a Europei in comertul electronic.Este disponibil in mai mult de 20 de tari din intreaga lume. Mii de afaceri online beneficiaza de noi clienti prin furnizarea acestei modalitati de plata sigura si deloc complicata. paysafecard este disponibil in vouchere de €10, €25, €50 si €100 in mai mult de 230,000 outlet-uri din Europa si sudul Americii.In martie 2009 grupul a fost premiat “Cea mai buna companie prepaid din afara SUA”, de catre publicatia din industria prepaid globala ,Paybefore.


Pentru mai multe informatii, va rugam sa vizitati www.paysafecard.com