Western Union Continues to Expand in Mexico
17 4월 2013 - 9:30PM
Business Wire
The Western Union Company (NYSE: WU), a leader in global payment
services, and Bancoppel, a leading financial and retail services
institution in Mexico, today announced a five-year agreement that
paves the way for Bancoppel to offer Western Union® global money
transfer services.
The Western Union services will be offered at nearly 1,000
Bancoppel locations across Mexico and will initially be available
in stages across select locations, followed by a nationwide
rollout.
“Mexico is a strategic market for Western Union,” said Odilon
Almeida, president, Americas, Western Union. “We see a great
opportunity to expand in Mexico through existing and new Agent
relationships such as Bancoppel – while combining the strengths of
our global brand and network to offer innovative financial
solutions to consumers and businesses.”
“As part of Grupo Coppel, we share the commitment to provide
exceptional customer service to the traditionally financial
underserved population, understanding their needs and providing
financial products tailored to their own lifestyles, such as credit
and debit cards, checking accounts, personal loans, and investment
instruments,” said Julio Carranza, chief executive officer of
Bancoppel. “This approach is why our relationship with Western
Union will help give our mutual customers more options, and the
high quality service, that helps fulfill their financial services
needs.”
Western Union has remained committed to the Mexico market,
providing dependable financial services. Today, Western Union, Vigo
and Orlandi Valuta services are offered in Mexico through a
strategically combined network of Agent locations that include
banks, national retail chains and independent locations. Western
Union, in conjunction with its Orlandi Valuta and Vigo brands,
connects consumers in Mexico to more than 510,000 Agent locations
across 200 countries and territories.
About Western Union
The 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
December 31, 2012, the Western Union, Vigo and Orlandi Valuta
branded services were offered through a combined network of
approximately 510,000 agent locations in 200 countries and
territories. In 2012, The Western Union Company completed 231
million consumer-to-consumer transactions worldwide, moving $79
billion of principal between consumers, and 432 million business
payments. For more information, visit www.westernunion.com.
About Bancoppel / Coppel
Bancoppel is the Banking subsidiary of Grupo Coppel. Since the
decade of 1940’s Coppel has become one of Mexico’s largest and most
renewed department store chain. Currently operates nearly 1,000
stores in different formats and has presence in more than 300
cities and all populations with more than 100,000 inhabitants.
Coppel has a customer base of 22 million of which 9.7 million are
credit active. For more information, visit
http://www.bancoppel.com/.
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