Friday, 20 July 2007

Western Union and Eurogiro Extend Cooperative Agreement

ENGLEWOOD, CO, July 16 /CNW/ - The Western Union Company (NYSE: WU), a
global leader in money transfer services, and Eurogiro, a provider of
electronic payment network solutions, today announced that they have extended
their alliance for a multi-year term.
Eurogiro was created to give participating European post offices and post
banks a means of facilitating cross-border payments. The organization now
spans 51 countries around the world. Eurogiro's goal is to enhance customer
service, reduce production costs and increase business within member
In 1998, Eurogiro and Western Union joined forces to provide Western
Union services at selected Eurogiro members. Today, more than 25 Eurogiro
members, including banks, post offices and postal banks offer Western Union
Money Transfer services through more than 40,000 locations in more than 20
"Our relationship with Eurogiro is strategically very important for
Western Union," said Hikmet Ersek, Executive Vice President, Europe, Middle
East, Africa and South Asia, Western Union. "Western Union strives to
associate with the most trusted service providers throughout the world.
Eurogiro members offer a network of convenient, familiar and reliable
locations that are already a part of our consumers' daily lives." [Read more]

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