Western Union Launches Prepaid Platform in Europe with MasterCard Gift Card and GoCash Service in UK
02 12월 2011 - 6:00AM
Business Wire
Western Union (NYSE: WU), a leader in global payment services,
announced today that it is extending its prepaid card platform to
the United Kingdom with the launch of both the Western Union®
MasterCard® Gift Card and the Western Union® GoCash Service SM,
providing consumers with convenient new ways to share money with
friends and family anytime of the year – including the upcoming
holiday season.
The launch marks the first international extension of Western
Union’s prepaid program outside of the United States with further
expansion planned in coming months to Asia, Latin America and
additional European countries.
“Western Union is a world leader in prepaid financial services,
providing people with innovative, easy-to-use products and
services,” said Western Union Senior Vice President for Europe
& CIS Jan Hillered. “We are committed to responding to the
market’s needs and that means providing prepaid products all over
the world to help people take part in a global marketplace
increasingly moving toward card and account-based
transactions.”
As one of the leading retailers of gift cards in the UK, WHSmith
is now stocking one or both products at over 500 high street and
travel stores across the country.
“WHSmith is pleased to be working with Western Union to bring
its prepaid gift card and GoCash offering to the UK,” said Ian
Sanders, WHSmith Commercial Development Director. “We regularly
look at providing our customers with additional products and
services which complement our core product categories.”
Just in time for the holiday season, Western Union, in
collaboration with MasterCard, has launched the gift card which
recipients can “buy here, and spend anywhere” and use at more than
32 million traditional and online stores in the UK and worldwide
wherever the MasterCard Acceptance Mark is displayed. The Western
Union MasterCard Gift Card is available in face value denominations
of £30 or £50, and can be purchased for a one-time fee, other terms
and conditions apply.
The Western Union MasterCard Gift Card, is the first product in
its category offering a unique “Chip&PIN” function making it
among the most secure gift cards available to the UK market.
Western Union announced that an agreement with InComm, the
industry leading marketer, distributor and technology innovator of
stored-value gift and prepaid cards, makes way for the expansion of
the Western Union GoCash service, an in-lane prepaid money-transfer
service.
With the GoCash service, consumers have the option to select
packages with any of three prepaid amounts ranging from £50; £100
and £200. GoCash cards can be used for both domestic and
international money transfers. Once purchased, the sender will need
to complete the transaction over the phone through a Western Union
customer service representative and provide the money-transfer
information to the receiver.
Learn more about the Western Union Gift Card online at
http://www.wugift.com. To find out more about the Western Union
GoCash service please visit
http://www.westernunion.co.uk/gocash.
Ed. Note - MasterCard is a registered trademark of MasterCard
International Incorporated.
ABOUT WESTERN UNIONThe 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 September 30, 2011, the Western Union, Vigo and
Orlandi Valuta branded services were offered through a combined
network of approximately 485,000 Agent locations in 200 countries
and territories. In 2010, The Western Union Company completed 214
million consumer-to-consumer transactions worldwide, moving $76
billion of principal between consumers, and 405 million business
payments. For more information, visit www.westernunion.com.
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