Earthport plc (EPO.LN), a global payments utility company announced Tuesday that it has contracted, integrated and is processing live transactions for a Western Union Co. (WU) "direct to bank" solution.

MAIN FACTS:

-Under the terms of the contract Earthport will provide payments processing capabilities for a Western Union service providing international money transfer.

-The service will initially be launched from selected Western Union agent locations and westernunion.com sites worldwide and will allow people to send money directly to any bank account in more than 35 countries.

-Shares at 0843 GMT stood at 16.0 pence.

-By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; zechariah.hemans@dowjones.com

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